Has your bank closed your account?

jinkssick

I dont think theyll close it but just use the money you get from the charges to cover the 2k debt. When its done. Close it.

And yes of course theyll ask you to repay the money back.

shaunybhoy

veeduber wrote:

hello im a student with the usual student debt, i work a fair bit but due to my pasion for my old car money is always scarse. ive been thinkin about this bank charge situation for sometime and decided to take action, jump on the band wagon

however just my luck im with nationwide, i have 3 accounts flex account, cash builder and e-savings. the flex account has a fairly large overdraft around 2k now i know my bank charge refund will not cover tht so if they decide to lose my lifetime custom with them and close my account will they ask for the overdraft to be paid back in full as im in no position to do so being student n all tht. or can i arange a repayment scheme to pay the amount gradually which im more than happy to do

any advice would be hugely appreciated, thank god i found this site its such an inspiration to finally sort my finances out!!!

thank u in advance

would think if you were unable to clear it straight away they would agree to an arrangement with you dont hold me to that right enuff i did the same thing years ago paid like £50 quid a mth on a £1000 overdraft.....

dogsrus

I was going to claim back bank charges but then I remembered the nightmare of changing bank accounts, and all the hassle of direct debit etc.The charges created by them not starting,having money in old and new accounts (just in case) is just too stressful. Its £400 approx, but it will have to wait until I am organised with new bank account etc. My debt moment came when I found this site quite by accident-I am now on a tight budget,hoping to finish the 6 year car loan this june -car went 3 years ago-looking forward to freeing up that money to save a little and bring down that credit card debt mountain.

molly123_2

All

Please see my other thread. This information was posted on the Consumer Action Group website at half past ten last night!

http://forums.moneysavingexpert.com/showthread.html?t=369295

skintbex

I have reclaimed twice from Smile - the first for around £350 then again for £437. In their last letter they said that they would not refund any more bank charges unless there was a bank error, and any further complaints will result in me being given 30 days notice of my account being closed.

AdamB

This made an interesting read

oldwiring

AdamB wrote:

This made an interesting read

What if the bank has correspondence notes on file to effect that customer has ben told operation of account has been unsatisfactory? IMO that would negate any accusation of vindictiveness.

MSE_Jenny

Hi guys,

Tonight with Trevor McDonald is looking for people who have had their bank acount closed down. Please see here for more details

http://forums.moneysavingexpert.com/showthread.html?t=372818

Thanks

AdamB

oldwiring wrote:

What if the bank has correspondence notes on file to effect that customer has ben told operation of account has been unsatisfactory? IMO that would negate any accusation of vindictiveness.

I dont know. It was just a press release sort of thing I read over on CAG.

bobsa1

Alliance and Leicester closed our account, but not before trying to charge us for dd's they refused to pay because they had stopped the account even though the money was still in the account to pay them and the date of the account closure had not passed!