Claim back any unfair bank charges! Article Discussion Area

Lumbworth

I'm ready to send the first letter off to hsbc to recoup charges. I'm going to send it to my local branch where I opened the account with a cheque for the £10 but not sure who I make the cheque payable to? Any help would be much appreciated.

shaun1977

Lumbworth wrote:

I'm ready to send the first letter off to hsbc to recoup charges. I'm going to send it to my local branch where I opened the account with a cheque for the £10 but not sure who I make the cheque payable to? Any help would be much appreciated.

hi make it payable to HSBC, however you are better off using the letter from https://www.!!!!!!.uk/forum as well as handing ot in at your branch (if possible) or sending postal order.

money_hound

wrote:

Shaun1977,

Thanks for the reply. I do feel that compensation should be achievable (not that I'm a lawyer) but clearly the banks have been operating these charging regimes in the full knowledge they were unlawfull. Even after the OFT direction they still operate them and are relying on the laziness of customers not to chase them. Accordig to some reports HSBC made billions in profit last year and around 2-3 billion of that was down to charges. It's greed that motivates them (so what's new...I know) but it's clear that the banks need force to get them to operate the CCA principles and that probably means puntive damages to get their attention. I'm claiming £1500 in bank charges and plan to claim the 'service chages' afterwards which amount to around £900. If I were to try for compensation by negotiation but stop short of court if they don't comply, could I then change my tactics and proceed to court on the basis on the actual charges? What do you think?

shaun1977

money_hound wrote:

Shaun1977,

Thanks for the reply. I do feel that compensation should be achievable (not that I'm a lawyer) but clearly the banks have been operating these charging regimes in the full knowledge they were unlawfull. Even after the OFT direction they still operate them and are relying on the laziness of customers not to chase them. Accordig to some reports HSBC made billions in profit last year and around 2-3 billion of that was down to charges. It's greed that motivates them (so what's new...I know) but it's clear that the banks need force to get them to operate the CCA principles and that probably means puntive damages to get their attention. I'm claiming £1500 in bank charges and plan to claim the 'service chages' afterwards which amount to around £900. If I were to try for compensation by negotiation but stop short of court if they don't comply, could I then change my tactics and proceed to court on the basis on the actual charges? What do you think?

Hi, i agree with what you are saying and if you were to add punitive damages to your claim then the chances are that they would pay up before court, unless they were to admit part of the claim (charges) even if they did enter the courtroom and you lost the part regarding the damages you would still win the penalty charges issue. a part of the damages claimed would be better off being potential profits/interest lost should they not have taken the money from you, hoiwever this is covered by the 8%.
if you are thinking of doing this register at https://www.!!!!!!.uk/forum and we will help you through it all the way

money_hound

wrote:

Thanks,
So even if I went for damages...say 300%?? and the judge look at it as vexacious I could still get the damages, that sounds like an option but having said that I'm getting married next year and need the money. Do you think the timescale would get drawn out if I include compensation? Also is there a difference in claiming damages in the SCC as opposed to the normal court hearing represented by a lawyer?

shaun1977

money_hound wrote:

Thanks,
So even if I went for damages...say 300%?? and the judge look at it as vexacious I could still get the damages, that sounds like an option but having said that I'm getting married next year and need the money. Do you think the timescale would get drawn out if I include compensation? Also is there a difference in claiming damages in the SCC as opposed to the normal court hearing represented by a lawyer?

all you would need to add would be not exceeding £5000 if you were not sure on the exact amount of damages or left at the courts descretion.
however if they offered you the full amount of charges out of court then you would need a reply dependant on the exact situation at the time.

Lovingitifitsabargain

It's only for 160.00 6 of which is for going over agreed limit - others for late payment all for 20.00 a go - these date back to 2003/2004 they say I knew the charges when I signed the agreement blah blah - can I still claim from them or are they right in what they are saying ? I am desperate to know as have ones coming from Mint and Monument too they may only be small amounts but anything will help !

PONDSAVER_2

Lovingitifitsabargain wrote:

It's only for 160.00 6 of which is for going over agreed limit - others for late payment all for 20.00 a go - these date back to 2003/2004 they say I knew the charges when I signed the agreement blah blah - can I still claim from them or are they right in what they are saying ? I am desperate to know as have ones coming from Mint and Monument too they may only be small amounts but anything will help !

You can claim - I claimed mine and OH's back from thema nd they paid in full. Yes you signed there T&Cs but it is still unfair charges - go for it

debann

debann wrote:

Hi All

Just sat and gone throught 6 yrs of natwest bank statements..total of £1398!
Was just a bit confused about a few things

1. What interest do we add to this figure?
2. Do we send the initial letter to our local branch where our account is or to head office?
3. Is it all as simple as it sounds- I'm a pretty sceptical that getting this money bank sounds too good to be true & that easy

Many Thanks

Update:
Posted letter requesting money back 2 weeks ago (sat 9th sept) sent it registered delivery.
Not heard a dickie bird from them?!:huh:
Now do i send the 2nd letter? ot leave it a couple more days?

shaun1977

debann wrote:

Update:
Posted letter requesting money back 2 weeks ago (sat 9th sept) sent it registered delivery.
Not heard a dickie bird from them?!:huh:
Now do i send the 2nd letter? ot leave it a couple more days?

send the second letter threatening court action there is a more appropriate one on https://www.!!!!!!.uk/forum