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very puzzling
pingchris
Posts: 283 Forumite
charges we recieve for an overdraft are different from charges imposed on an account for a failed direct debit,an overdraught is charged because actual cash has been spent when ther was none to spend in the account.
a failed direct debit however is charged in a similar way but differs in that no money was taken nor spent from your account so how can ther be a charge of up to £39.00
this different charge structure is very puzzling.????
can this be used against the banks in our refund case. ?
a failed direct debit however is charged in a similar way but differs in that no money was taken nor spent from your account so how can ther be a charge of up to £39.00
this different charge structure is very puzzling.????
can this be used against the banks in our refund case. ?
missed direct debit charges,very odd,theres no pain so how come the big gain,i.e £39.00 for a letter
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charges we recieve for an overdraft are different from charges imposed on an account for a failed direct debit,an overdraught is charged because actual cash has been spent when ther was none to spend in the account.
a failed direct debit however is charged in a similar way but differs in that no money was taken nor spent from your account so how can ther be a charge of up to £39.00
this different charge structure is very puzzling.????
can this be used against the banks in our refund case. ?
The OFT test case covered the "unauthorised overdraft charges" which included all cases. Chris, there is a discussion about the test case and it is very complex so if your read the Supreme Court judgement and refer back to the earlier judgements(yes it is very complicated) then you will have a much better understanding of the case and perhaps the way forward.0 -
natweststaffmember wrote: »The OFT test case covered the "unauthorised overdraft charges" which included all cases. Chris, there is a discussion about the test case and it is very complex so if your read the Supreme Court judgement and refer back to the earlier judgements(yes it is very complicated) then you will have a much better understanding of the case and perhaps the way forward.
thanks natwest, radio 5 had a debate with a senior bank chap a day prior to the test case on the 25th and i asked him that very question, the difference between charges on overdrafts and direct debits but he could not and would not answer me or the radio 5 presenter.missed direct debit charges,very odd,theres no pain so how come the big gain,i.e £39.00 for a letter0
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