First Direct charge me £100 in fees in 1 week

Lokolo

Calchas wrote: »

Yes, very serious. Perhaps slightly too serious for some to comprehend!

As for the list you produce, Lokolo, I should be able to have all that by matter of choice, not by necessity!

You do have it by choice. Withdraw all your money every month once wages are paid in and keep the money at home.

Then the banks aren't gaining anything are they?

p.s. whats your address? and good luck paying bills and mortgage without the money in the account.

opinions4u

Calchas wrote: »

I wonder what percentage of the population would be allowed to take their wages as cash, rather than have it routed through a bank account.

If you asked the question in the form "would you be prepared to receive £10 a week less to have your wages paid in cash (to cover your employer's security company charges)?" then the answers would be most interesting.

This thought often comes to mind when I view long lists, giving the impression that banks are mightily good to us commoners, with all the freebies they give out.

Merely making the point that if people manage their money they can get an awful lot out of the banks without having to pay for it.

In my humble view, if I am forced to have my wages paid into a third party institution, it is for the benefit of that institution, not for me.

It depends how you choose to use the facilities offered.

Originally Posted by Bosie
Hi, that wasn't my point, the very person who started this website helped alot of people get back unfair bank charges. I agree you have to be responsible and avoid charges, but some are £38 to let you know A DD couldn't be paid. That as been proved it doesn't cost that, credit card companies brought their charges down to £12.

My response was totally interlinked with your point. I'm quite happy with bank charges structured the way they are. I choose to run my finances in a way that ensures the bank pays me for seeing my salary land in an account with them. I don't want to take on some of the burden of bank charges that others choose to pay by not keeping as close an eye on their finances.

Bosie

staffie1 wrote: »

It's a good job you have the time to manage everything like that. The vast majority would have extreme difficultly remembering what date various bills are due to be paid, then getting the cash out and trotting off to the post office or each institution seperately like something out of the 1900's

Well no, I did this all through the 1980's 1990's just like control I guess! That's how I like it:p

Calchas

Lokolo wrote: »

Withdraw all your money every month once wages are paid in...

The fact that wages (in cash) were historically paid out at places of employment and not the local banks makes your argument somewhat silly!

Lokolo

Calchas wrote: »

The fact that wages (in cash) were historically paid out at places of employment and not the local banks makes your argument somewhat silly!

How does it? The company you work for feels as though it would be safer to distribute wages through electronic means than in cash....

It would also be more cost effective to do it this way rather than out in cash.

If you don't like the banks, then withdraw your money as soon as it comes in.

Calchas

Lokolo

You remind me of a ragged minded philanthropist.

It's a lovely day, at least it is in this part of the country. I've locked my windows!

Have a nice day Lokolo :beer:

Lokolo

Calchas wrote: »

Lokolo

You remind me of a ragged minded philanthropist.

It's a lovely day, at least it is in this part of the country. I've locked my windows!

Have a nice day Lokolo :beer:

lol thanks.... I guess.

I can't go out and enjoy the sun, I am moving house tomorrow so bit busy! MSE just keeps me from going insane

neil9313

sambessey wrote: »

You know what I meant, kindly stop posting crap in my thread.

well if you spoke to FD staff the same way you post you should do well :rolleyes:

nobby24

Going back to the OP, it sounds like you made a genuine mistake to me and I would expect them to make a concession for you, maybe just take the one £25.

jiggy2

one thing i didn't understand is how u went overdrawn 4 times in a week - was it money going in (from savings account) and then out again (cash or DDs etc?)

or was it overdrawn and then got further into the o/d effectively each time