Reclaiming Bank Charges from old settled accounts.

BrettWilson

I have recently settled an account that was overdrawn due to charges, the account had to be settled promptly to avoid a default notice. I am wondering if anyone knows whether I can still claim bank charges back despite me not holding the account with them anymore? I have only had the account for 3 years so it is within the 6 year time frame. Any help would be greatly appreciated as I am preparing to settle another debt which I may not do so quickly if I am unable to claim charges back.

natweststaffmember

BrettWilson wrote: »

I have recently settled an account that was overdrawn due to charges, the account had to be settled promptly to avoid a default notice. I am wondering if anyone knows whether I can still claim bank charges back despite me not holding the account with them anymore? I have only had the account for 3 years so it is within the 6 year time frame. Any help would be greatly appreciated as I am preparing to settle another debt which I may not do so quickly if I am unable to claim charges back.

If you have settled it for less than is owed then the bank have the right to offset any bank charges against the debt outstanding. Hope that makes sense?
On bank charges you can go back to 27th July 2001

BrettWilson

Thanks for the response,

The account was not settled for a reduced amount i paid the value of the overdraft and a few hundered in charges on top of that, so should I still be able to claim back those charges?

Thanks

natweststaffmember

BrettWilson wrote: »

Thanks for the response,

The account was not settled for a reduced amount i paid the value of the overdraft and a few hundered in charges on top of that, so should I still be able to claim back those charges?

Thanks

Absolutely yes.

bally1208

natweststaffmember wrote: »

Absolutely yes.

Im confused...???

I posted a similar question a few days a go i had an account with co-op bank
where i was charged with overdraft charges but have since settled the outstanding
amount and have closed the account.......but you advised me since the account has been now closed i can not claim back the charges .....?

Orford

bally1208 wrote: »

Im confused...???

I posted a similar question a few days a go i had an account with co-op bank
where i was charged with overdraft charges but have since settled the outstanding
amount and have closed the account.......but you advised me since the account has been now closed i can not claim back the charges .....?

You can still claim the charges, but not as a Financial Hardship claim

natweststaffmember

bally1208 wrote: »

Im confused...???

I posted a similar question a few days a go i had an account with co-op bank
where i was charged with overdraft charges but have since settled the outstanding
amount and have closed the account.......but you advised me since the account has been now closed i can not claim back the charges .....?

Financial hardship claims have a criteria for success but anyone can claim bank charges back. I apologise if my advice wasn't clear enough with that regards and I will take a mental note for future posts.