Can I withdraw my 6 pound please? ....."NO"

glider3560

phild145 wrote: »

To be honest I think the people complaining about the length of the queue are idiots.

I think people who go into banks and withdraw £6 are idiots.

What stops you from withdrawing a larger amount to cover a longer period, e.g. a month rather than every week? It would also save you so many trips to the bank.

izools

No

glider3560 wrote: »

I think people who go into banks and withdraw £6 are idiots.

What stops you from withdrawing a larger amount to cover a longer period, e.g. a month rather than every week? It would also save you so many trips to the bank.

It's not your judgement to make. By all means have an opinion we are all entitled to that but the fact remains, money held in a current account is the legal property of the account holder and if the bank refuse to hand it over they have crossed the line. They can !!!!! and moan about pepole taking out small amounts of cash until their blue in the face, fair do's, but to actually prohibit people from withdrawing small amounts of money is absolutely atrocious.

What about people with a limited income and children? What if they were in the bank anyway and went to queue up to get two fivers for their kids pocket money? Imagine the embarrassment when the teller sais no and the look on the kids face when she breaks the news to them.

The OP's point still stands. How can you get change for a parking meter from a cashpoint?

How would withdrawing £30 give you change for the meter?

Even if the bank gave the £30 over in 2x10, 1x5, and 5x1, the account holder is still left with a wallet full of cash that is totally superfluous to requirements which he'll just have to pay back in at a later date, causing more time spent at the teller.

saver_007

Yes

Hi
Whilst I did chuckle at this thread I must agree, it awful that banks are doing this, really distgusting.
But considering the government are doing the same with the poorest of people in the country I'm not surprised the banks are getting away with it!
Asylum seekers in the uk are being given Azure cards. Each monday they get £35 on these cards to feed and cloth their families, if by the sunday evening the full amount hasn't been spent it goes back to the home office.
The card can only be used in a relatively small number of stores (Tesco Asda etc) and do not allow access to cash i.e cashpoint use. Begging the question what if you needed to pay for a haircut or perhaps buy furniture from a second hand/ charity retailer? Never mind how to save any money for a purchase over £35?
The home office also limits what card users are buying.

Before anyone slates me I do understand that the government cannot simply hand out cash to everyone and anyone, but people are here seeking asylum, to escape deprivation and the majority of these people have had a hard enough time.
sorry am ranting ...:mad:
will stop now!

Lokolo

izools wrote: »

It's not your judgement to make. By all means have an opinion we are all entitled to that but the fact remains, money held in a current account is the legal property of the account holder and if the bank refuse to hand it over they have crossed the line. They can !!!!! and moan about pepole taking out small amounts of cash until their blue in the face, fair do's, but to actually prohibit people from withdrawing small amounts of money is absolutely atrocious.

What about people with a limited income and children? What if they were in the bank anyway and went to queue up to get two fivers for their kids pocket money? Imagine the embarrassment when the teller sais no and the look on the kids face when she breaks the news to them.

The OP's point still stands. How can you get change for a parking meter from a cashpoint?

How would withdrawing £30 give you change for the meter?

Even if the bank gave the £30 over in 2x10, 1x5, and 5x1, the account holder is still left with a wallet full of cash that is totally superfluous to requirements which he'll just have to pay back in at a later date, causing more time spent at the teller.

However, the bank supplies a number of services. If you don't like them don't bank there.

Why should shops only set a minimum amount on card before you can use it? They are offering the service, and if it doesn't suite you, you don't go there.

Dont-pick-on-the-poor.

glider3560 wrote: »

I think people who go into banks and withdraw £6 are idiots.

What stops you from withdrawing a larger amount to cover a longer period, e.g. a month rather than every week? It would also save you so many trips to the bank.

Maybe because some people do not have that amount of money? For some people it is difficult to imagine being in that situation, People do not advertise it because of the negative comments made about those who do not have much. Everybody starts different, some with money, some without, people go through different points in their life. Finances can be the most stressful elements of life when they go wrong, such as fiancial break down could lead to loss of hom break up marriages and looking at some of these quotes here...make you become a social outcast.

If you can find understanding, of those in this situation, then you will be more prepared, if the worst (Hope not) does happen and you will also be comforted by the supporting network of others that can understand and support you too. Peace

izools

No

Lokolo wrote: »

However, the bank supplies a number of services. If you don't like them don't bank there.

Why should shops only set a minimum amount on card before you can use it? They are offering the service, and if it doesn't suite you, you don't go there.

As I found out with Nationwide, once a Bank is reminded of the laws that they are bound to abide with, and that the account holder hasn't agreed to waive their statutory rights, they soon give you what you ask for.

I think Abbey / Santander's new £30 rule may very well be in frustration with the law...

Dont-pick-on-the-poor.

Lokolo wrote: »

However, the bank supplies a number of services. If you don't like them don't bank there.

Why should shops only set a minimum amount on card before you can use it? They are offering the service, and if it doesn't suite you, you don't go there.

Lokolo, I would like you to explain, how to recieve wages if not through a banking system. We have had the suggestion of the Post Office, however, the policies and procedures still govern how consumers access their money according to their rules. I would like a legal solution.

glider3560

izools wrote: »

As I found out with Nationwide, once a Bank is reminded of the laws that they are bound to abide with, and that the account holder hasn't agreed to waive their statutory rights, they soon give you what you ask for.

I think Abbey / Santander's new £30 rule may very well be in frustration with the law...

1. Nationwide is not a bank
2. There is no law stopping them from setting a minimum withdrawal. When Nationwide introduced this, I received a leaflet included in with a statement giving me advance warning of the change. The change was made through an amendment of their terms and conditions - which you have agreed to.

If you don't like their service, go somewhere else.

Dont-pick-on-the-poor.

Are there any Lawyers in the house?

underlay_guru

Weird,

On 27-12-2007, the OP claimed to have had their Abbey account closed:
http://forums.moneysavingexpert.com/showthread.html?p=7474833&highlight=#post7474833

...why on earth would the OP have continued to bank with Abbey if they had been treated badly?!

The user is a troll with nothing better to do than create a little argument about nothing. Reported for spam!