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

Please help. financial hardship claim for business account

Could someone please advise me if my partner is able to claim financial hardship with a business bank account that has recently been closed.

He is self employed but has been in ill health for nearly 12 months now but is still working a little when he's able.

His account was closed a round three months ago as had been just over his overdraft for a while and was having problems getting out of it due to d/d's being returnrd and the charges that go with it!!

The bank in question closed his account and put him on a payment plan for his account and business card.

We are really struggling financialy now through him not being able to work as much.

Comments

  • He cannot claim financial hardship on a business account(with regards to bank charges) but he can ask the bank to re look at the payment plan if he is struggling to meet his outgoings because they still have a duty to be sympathetic towards customers in financial difficulties.
    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    This username is no longer active.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
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604.1K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K 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.