We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

business bank charges

mouldy
mouldy Posts: 2 Newbie
in Reclaim bank & credit card charges
can i claim back business charges ,even though my account has recently been closed.my business has ceased trading and i am definitely in financial hardship?:confused:

Comments

  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    mouldy wrote: »
    can i claim back business charges ,even though my account has recently been closed.my business has ceased trading and i am definitely in financial hardship?:confused:
    Business bank accounts are not covered by the FSA waiver and therefore the Financial hardship exemption does not apply to business accounts. It's only personal accounts that it applies to.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • shamrock7
    shamrock7 Posts: 230 Forumite
    natweststaffmember wrote: »
    Business bank accounts are not covered by the FSA waiver and therefore the Financial hardship exemption does not apply to business accounts. It's only personal accounts that it applies to.

    Im currently helping a friend reclaim business charges. Does this mean that the reclaim is not on hold? If so great news! They bank with HBOS..
  • ccmug
    ccmug Posts: 85 Forumite
    mouldy wrote: »
    can i claim back business charges ,even though my account has recently been closed.my business has ceased trading and i am definitely in financial hardship?:confused:

    I claimed business and personal account charges from Natwest and am also in a hardship situation and the business account had been closed.

    They paid me about 75% of my business account claim within about two weeks as a gesture of goodwill whilst the personal account claim is still dragging on some 3 months later.

    So its worth a punt

    Good luck
  • natweststaffmember
    natweststaffmember Posts: 12,063 Forumite
    shamrock7 wrote: »
    Im currently helping a friend reclaim business charges. Does this mean that the reclaim is not on hold? If so great news! They bank with HBOS..
    Yes but you cannot rely on UTCCR 1999 since the business is not a consumer under the regulations.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.2K Work, Benefits & Business
  • 603.9K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture