Bank charges on an account I'd forgotten I'd had - help!

holmesdale_2

From when I was a kid I had an account with Nationwide, which until the other day I had completely forgotton about. I went into Nationwide to open a saving account and they pulled up details of this account which was last accessed in 2003. It was £70 overdrawn. I have since provided them my new address and paid off the £70 balance. However, I have now received a notice of charges for over £600 of bank charges that are going to be applied to this account !!!

Surely Nationwide cannot do this ???!!

McKneff

See when it was exactly in 2003, it may be Statute barred if it was over 6 years withouth you acknowledging the debt. You may not have even had to pay the £70. Check the exact month and come back on here or look up Statute barred on google.

holmesdale_2

Thanks for the advice.

The balance was from 8th August 2003, so I guess this is just about over the 6 years making it statute barred.

McKneff

If someone could now come along and post a link for a statute barred letter for
holmesdale it would be appreciated.

(Hopefully you didnt pay your balance before 8th August 09 or your banjaxed)
and i would ask for it back anyway.

Hippocampus

SB or not, I'd tell them to shove their charges. Unless of course, they would like to have a wee natter about them in court before the final outcome of the test case appeals process.

No, I didn't think they would.

McKneff

http://www.debtquestions.co.uk/debt_forum/viewtopic.php?t=19030

Have a look at this one or google statute barred template letters.
good luck