DFW Bank Charges Reclaim Thread

Floss

I sat & ploughed through 3 years of Natwest statements last night - £1525 back to Feb 03. Am waiting for the previous 3 years statements to arrive - Natwest charge £5, but my branch charged me twice, causing me to go overdrawn, with a charge pending of £35!! They really know how to make money, don't they!

Am also waiting for Capital 1 & GE Woodchester (car finance) statements, to see what charges I can claim back from them.

bookworm1363

halloweenqueen wrote:

How to use the site, what sort of thing to put etc - how are you getting on with your claims? I'm quite happy to go to court if I have to, doing this one for the halifax first then going for Barclays.

Sorry I didn't reply earlier, I'd lost the thread, lol! (which makes a change for losing the plot, I suppose! )

The site is actually very user-friendly, and if you're not sure, you can save as far as you've gone, and get back to it later, so no worries.

The hardest and most irritating is the particulars of claim, where you have to use a max of 1080 characters on 24 lines, INCLUDING the specific wording for the 8% APR. But practice makes perfect, and you can find guidance notes for filling it in on Consumer Action Group (there was talk, but I'm not sure if it's been done yet, of writing an actual template that would fit in).

Don't worry, until you have actually paid for it, you can change whatever you want on it, so take your time, save your info, go back to it until you're comfortable with it. I've just completed 2 more today, small ones.
So far, I've had my money back from 3 different institutions: Natwest, Halifax, Ikea, all 3 after issuing claim, they acknowledged, then paid up before entering a defense. I've just filed against Barclays Bank and 1st National Motor Finance. I really really wish I'd known all this years ago...

bookworm1363

Woah there! Panic attack time!!!

Ok, deep breaths. That's it, breathe a bit.:T

Now let's look at what worries you:

I haven't heard anything from RBS (they have until 19 June to lodge a defense) and am worried that this is a BAD OMEN as people left right and centre seem to be receiving settlements.

Why? Afraid the bank is going to run out of money?
This is a legal process, there are no good or bad omens. Yes, you could be the one to end up in court. So?

Also - can't believe my own stupidity, but have gone over my overdraft again this month and am £28 over and will get charged. Have been overdrawn for about a week and no funds go in (and don't have access to any) until Thursday (when I get paid). Very mad with myself - please don't tell me off - I wish things were different and I hadn't made this stupid mistake.

Stop beating yourself about it. None of us in this boat are likely to be the ones who would cast the 1st stone, now, are we?

Does this invalidate my claim and mean that I will lose?

No, why? Does your mistake all of a sudden change the law of the land, the principles of which have been set since 1896? Oh my, we are a wee bit pretentious, aren't we? (I'm kidding!)

I was feeling really confident, but am now scared that I will lose.

Ok, for you to lose, you would have to end up in court first, and then lose. Mhh. Let's look at this rationally for one moment:

Possibilities for winning: 1) Bank pays up at 1st letter, 2) bank pays up at 2nd letter, 3) bank pays up at claim issuing stage, 4) before acknowledgement of service, 5) after acknowldegement of service, 6) before lodging a defense, 7) after lodging a defemse, 8) at allocation questionnaire time, 9) after allocation questionnaire, but before hearing, 10) any time between hearign date set and actual hearing, 11) on court steps. Or 12) bank goes in hearing, gets trounced.

Possibilities for losing: 1) bank goes in hearing, you lose. Er, that's it. What do you lose? Your court fees, and you never get money back to which you had kissed goodbye a long, long time ago anyway.

Yep, that's a tricky one all right...;)

bookworm1363

MissMuppet wrote:

I worked out my charges last night, mainly overdraft charges (can these be claimed back?)... The debit interest on the account amounts to a lot as well, should I be including this or working it out on the calculator mentioned?

Thanks!

Monthly unauthorised o/d fees, yes. Monthly regular o/d fees, no.

Interest, if the o/d is SOLELY due to charges, yes. IF you use your o/d yourself, then you would have to work out which part is the authorised, which unauthorised, which part is levied from the charges, which isn't. Unless the o/d is solely comprised of penalty charges, I usually advise people not to even try, as th ecalculations are far too complicated.

The calculator is for working out your 8% APR as authorised by the County Court Act, and not to be used until you're ready to file your claim.

MissMuppet

bookworm1363 wrote:

Monthly unauthorised o/d fees, yes. Monthly regular o/d fees, no.

Interest, if the o/d is SOLELY due to charges, yes. IF you use your o/d yourself, then you would have to work out which part is the authorised, which unauthorised, which part is levied from the charges, which isn't. Unless the o/d is solely comprised of penalty charges, I usually advise people not to even try, as th ecalculations are far too complicated.

The calculator is for working out your 8% APR as authorised by the County Court Act, and not to be used until you're ready to file your claim.

Thanks for clearing that up, the amount for unauthorised is probably not worth claiming.. To be honest I think I had most unauthorised stuff more than 6 years ago and am I right in thinking I can only claim for the last 6 years?

bookworm1363

Now that's a tricky one... The Statute of Limitations 1980 says 6 yrs, however, there is a growing trend of thought that says there may be ground to claim further on account of the bank's deliberate concealment, which would effectively remove that 6 yrs limitation... But it hasn't been tested yet.

I would advise 6 yrs for now, and see how events develop in the future.

iwanttosave_2

Hi everyone, I have been chatting to SS about back claiming back bankcharges and what they mean, he explained and said we might be able to claim some of ours back but to ask you lot to clarify for me.

What it is is my OH has a standard bank account with yorkshire bank, he has no overdraft facilty on it, but if there is insuficunt finds in the account for a DD he gets put over drawn, the DD gets returned unpaid and they give him a £35 charge. Would he be able to claim any of this back do you think?

Thank you

southernscouser

iwanttosave wrote:

Thnak you

No, thnak you!

mountainofdebt

iwanttosave wrote:

What it is is my OH has a standard bank account with yorkshire bank, he has no overdraft facilty on it, but if there is insuficunt finds in the account for a DD he gets put over drawn, the DD gets returned unpaid and they give him a £35 charge. Would he be able to claim any of this back do you think?

Thnak you

Can't see why not ...at the end of the day they would charge this amount if you went over an authorised O/D.

iwanttosave_2

southernscouser wrote:

No, thnak you!

Shut it you, I am on the PC so I am allowed to make typos