Business Account - reclaiming bank charges

williemac_2

Can i reclaim charges from a business account from the bank of Scotland for going over my limit and insufficient funds in the account.I have been charged £30-£35.

Edinburghlass_2

Yes you can. You can't claim for business charges such as annual/monthly service type charges though.

LizzyBee

Hi All - Update. Received letter from the court today after submitting my N1 last week. Yorkshire Bank now have until 7th March to pay back my £13.5K. Can't wait to receive their response.

Lizzy

Edinburghlass_2

TheHacker wrote:

My brother is going to start his business bank charge reclaim it's probably over £8000!!

Just apply for all charges - what's the worst that can happen???

The worst that can happen is they will throw the whole case out.

valleywindows

Hi there. Can anyone tell me if the same rules apply to a business account?

Can you claim back the bank charges if the account is a business account?

Thanks,

Ian

dotty_J

Is it possible to claim back bank charges on Business Accounts?

geezza1978

advice needed please

can you reclaim charges on business bank accounts.

the situation:

a couple of years ago my mates business was going through a rough patch as a result it ended up with the bank whacking on charges left, right and centre. these charges were much the same as everybody else's charges on this website i.e. returned DD, exceeding OD and charges for honoring cheques guaranteed with a switch card.

can these charges be recovered even though it is a business account.

Bifter

Hi there,
I have a very small business (sole trader) and I joined the Bank of Scotland Business Banking in April 2004. I kept within their guidelines and operated the account prudently without incourring any charges (and paying for atm withdrawls and writing cheques) opting to use their postal service and internet options.

Recently the Bank of Scotland decided to start charging £15 a month if you have less that £5000 in the Business account at any one time, which for me was useless, as I usually only have around £700 - £1000 in the account at any one time.

I tried to change to Abbey before BoS started charging me - but it took longer than I expected and have been charged £45 (January, February and a third charge in February, for I don't know why). Can I claim these charges back from them. I also have a Visa card with Halifax, part of their group.

My new Abbey Business account is now set up and I have received today a letter from BoS informing me that the account is cancelled, but they have £45 of my money which I am annoyed about.

Can anyone advise me ?

Regards
Bifter

gary1962

I wonder if anyone could help i am claiming as a Ltd Company from the Yorkshire Bank
I requested a list of my bank charges as suggested more too save time looking through old statements
I got a call from my local branch suggesting that they charge £15 per statement becuase i am a business as they are not bound by the data protection act for Ltd companies
Is this just a stalling tactic
And would anyone help in the best way of going forward
They have credited my account with the ten pounds i had posted too them

Gary

repro

Does anyone know if businesses have an equal chance as consumers for claiming back these extortionate charges?