The HALIFAX are charging me for MY MONEY!

millsc_2

Just to add another item into the mix - the RBS (I presume all Banks do this) charged me £12 when I was looking to rent a flat through an agency, just to confirm that I had money going through my account. It seems that they wouldn't believe a copy of payslip or a letter from my boss saying my eages would cover rent (also a part of referencing process).

Overall it seemed rather pants, but "standard procedure" for renting a flat :eek:

monkeylugs

Just out of interest, was there any reason you didn't pay by debit card? Or is it money from a savings account?

We used a switch card to pay £7000 for our car. Bloomin eck it took ages and there were (necessary) security check after security check, but within half an hour we'd driven off in the car

regularsaver1

There is only a £10 fee because you are provided with your own cheque book

if you want a draft from a savings account then there is no fee, as you would not have a cheque book

jonesMUFCforever

There is something that no one else has brought up in this thread - did OP actually ask the garage how they wanted payment?
How many of us assume that if you turn up to pay at a garage with a wad of cash that they'll 'knock something off' but in fact like a lot of businesses (not just banks) have to adhere to money laundering regulations and dislike dealing in a lot of cash.

kenshaz

regularsaver1 wrote:

There is only a £10 fee because you are provided with your own cheque book

if you want a draft from a savings account then there is no fee, as you would not have a cheque book

The bank should have made the poster aware of his option in respect to the £10 fee and no fee from savings account,information should be given at source,allowing chose.

kenshaz

Rafter wrote:

Oh those nasty nasty banks. They look after your money, give you interest on your savings, provide lots of staff and branches, provide one of the most competitive banking services in the world and then have the cheek to charge you for providing an extra service.

They should be a charity!

I'm going to put all my money in a big box under my bed - that seems like a much better thing to do and at least I won't have to pay someone £10 for providing a valuable service.

And while I'm on the subject......

90p for a litre of petrol? Why can't I run the car on milk?

Mortgages, what is that all about? Why shouldn't I be able to live in a house interest free?

Well it is obvious where your loyalties lie,this site is for consumers who wish to be savvy against the tactics banks use to extract money from the complacent and those who have a mis-guided loyalty to their bank,please do not question the right to question.Was the charge proportinate and fair,relative to the service provided.

kenshaz

YorkshireBoy wrote:

Well, they said they would...

http://www.halifax.co.uk/bankaccounts/rates.shtml

No, they're providing a service, and charging a fee for it.

Why?

A little OTT isn't it?

But is that fee in proportion to the service and work involved,banks do not have a good track record in respect to fair charges

kenshaz

monkeylugs wrote:

Just out of interest, was there any reason you didn't pay by debit card? Or is it money from a savings account?

We used a switch card to pay £7000 for our car. Bloomin eck it took ages and there were (necessary) security check after security check, but within half an hour we'd driven off in the car

But you must have had a £7000 limit on your current account,fine not every-one does or is able,but this site is about every-one and for every-one.

Rafter

kenshaz,

My apologies for any offense caused.

As you will see from my number of 'thanks' I am far from loyal to unfair consumer practices.

However, like a number of regular posters, I am conscious that companies are effectively groups of workers organised to efficiently keep the market economy working. The profits they make pay for salaries, dividends and share markets which ultimately fund my pension. Not all the profits go on funding lavish lifestyles for a few fatcat directors!

Unfortunately it is often 'misguided' consumers who allow the 'savvy' to profit at their expense and some of the more extreme 'moneysaving' tactics do go beyond what I would consider fair or reasonable, just like some of the policies of big companies do. I do not believe in 'an eye for an eye', I believe in fairness, transparency, good regulation and other things that mean that everyone gets a good deal.

For me, the Halifax charge seemed a perfectly reasonable charge for providing a very secure form of payment.

But I do apologise for parodying the original post quite harshly and with hindsight I should have just kept my opinion to myself.

R.

YorkshireBoy

kenshaz wrote:

But is that service fair and in proportion to the work involved

I would say it seems a reasonable fee for the service/benefit received, particularly when you look at what other institutions are charging for the same service.