Business Account - reclaiming bank charges

inmypocketnottheirs

Yes.
No.
Just follow the advice on these boards.

imoran

Hi,

I have a business account with Lloyds TSB and have clocked up lots of charges over the last 6 years or so. I wonder if the procedures listed on this site work for business accounts, also can I claim back arangement fees?

Thanks guys!

Iain.

katierose

Hi Iain,If you have a look here http://www.consumeractiongroup.co.uk/forum/

They have a letter template for businesses

Pennyanne

Has anyone tried reclaiming charges on a business bank account?? Not the ones you signed up for but the £30 a day for example for going over the overdraught limit plus referal charges on top etc etc. Let me know please if this is a posibility. Pennyanne

hartlyhare

Just wondering if anyone can enlighten me! Can a sole trader of a small business claim for all the default charges for direct debit, unauthorized o.d's and standing orders over the last 6 years. Would appreciate feedback. Thanks!

Twinkly

hartlyhare wrote: »

Just wondering if anyone can enlighten me! Can a sole trader of a small business claim for all the default charges for direct debit, unauthorized o.d's and standing orders over the last 6 years. Would appreciate feedback. Thanks!

Yes you can. The business account thread on this site contains a lot of recommendations to go to the Consumer Action Group site for detailed information on business accounts so you may wish to use those threads for advice and help. You need to register but it is free and the business account thread on that site is here:
http://www.consumeractiongroup.co.uk/forum/general/68191-claiming-business-account-lets.html?

Good luck

hartlyhare

Many thank for your help! Wil look into Consumer Action Group advice. Once again many thanks.

claremathews

can anyone help i sent the letter off claiming my charges back and got a letter back offering me £10 i refused this offer and sent another letter threating court and to make a another offer i got a letter today saying that i highlighted the unfair terms in the consumer contract regulation 1999 and these rules do not appply to business accounts! is this right? and they are taking advise to wether the omission of refunded monies consitutes fraud! im only claiming £100! what should i do its hsbc !

Twinkly

claremathews wrote: »

can anyone help i sent the letter off claiming my charges back and got a letter back offering me £10 i refused this offer and sent another letter threating court and to make a another offer i got a letter today saying that i highlighted the unfair terms in the consumer contract regulation 1999 and these rules do not appply to business accounts! is this right? and they are taking advise to wether the omission of refunded monies consitutes fraud! im only claiming £100! what should i do its hsbc !

The rules are slightly different with business accounts as are the charges you can reclaim and you may find you are entitled to claim more than you thought in this case. The business account thread on this site contains a lot of recommendations to go to the Consumer Action Group site for detailed information on business accounts so you may wish to use those threads for advice and help. You need to register but it is free and the business account thread on that site is here:
http://www.consumeractiongroup.co.uk/forum/general/68191-claiming-business-account-lets.html?

I dont know why they would expect you to list refunded monies if it bears no relevance to your claim and your claim is entirely for charges that you have checked against refunds. Odd

I'd advise to do some reading on the CAG thread and perhaps write to void your previous request and make a corrected request for charges to be refunded under the regulations governing business accounts. This is a straightforward way to get out of what your wrote previously without making apology or admittance of your error initally

Good luck

pov

hi we also had a business account with Barclays which is now closed following rows over bank charges. i have sent off letter asking for details of charges but no reply . i have now dug out all statements but not sure exactly what charges to request . also read somewhere that i most omit part of letter but can't find info ,can you help!! not used to pc . took me hours to get this far .