How will reclaiming bank charges impact banking discussion

debs81

IvanOpinion wrote: »

Lindi, n addition to Grahams comments about the leaglity of this, one also notices that many shops now openly state that they will no longer accept cheque as a method of payment ... to be honest it is about time, it is an outdated and expensive method of payment that is no longer required.

ivan

tesco still do. they still accept cheques as long as you have guarentee card and dont go over the guarentee limit. anything over limit has to be paid by alternative method. so mummy still can have her shopping.

Graham_Devon

debs81 wrote: »

tesco still do. they still accept cheques as long as you have guarentee card and dont go over the guarentee limit. anything over limit has to be paid by alternative method. so mummy still can have her shopping.

Illegally, yes, she can.

Then to top it off she will blame the banks for charging her and saying how unfair it is.

Why do people who exploit the system moan about the banks. It's so totally unfair.

Mark7799

Maybe then people will start talking about money management as much as reclaiming?

MonkeyMad

debs81 wrote: »

tesco still do. they still accept cheques as long as you have guarentee card and dont go over the guarentee limit. anything over limit has to be paid by alternative method. so mummy still can have her shopping.

Assuming we still have guarantee cards.....

lindilou39

Graham_Devon wrote: »

Illegally, yes, she can.

Then to top it off she will blame the banks for charging her and saying how unfair it is.

Why do people who exploit the system moan about the banks. It's so totally unfair.

Well depends on the bank if its illegal or not...as for LLoydsTsb they stated on one of their info packs .. if you havent got enough money in your account but you know that funds will be in your account within the next 2 days then you can pay for your purchase using your cheque book and debit card....well it was words to that effect....so Graham you are saying that a bank is actively encouraging customers to break the law??

Graham_Devon

lindilou39 wrote: »

Well depends on the bank if its illegal or not...as for LLoydsTsb they stated on one of their info packs .. if you havent got enough money in your account but you know that funds will be in your account within the next 2 days then you can pay for your purchase using your cheque book and debit card....well it was words to that effect....so Graham you are saying that a bank is actively encouraging customers to break the law??

No.

Paying via cheque because your debit card has been declined due to insufficient funds is illegal.

You are paying when you have no money.

Your all campaigning about how unfair charges are. And then people reccomend this sort of payment structure. It's disgusting, irresponsible and frankly pathetic.

lindilou39

Graham_Devon wrote: »

No.

Paying via cheque because your debit card has been declined due to insufficient funds is illegal.

You are paying when you have no money.

Your all campaigning about how unfair charges are. And then people reccomend this sort of payment structure. It's disgusting, irresponsible and frankly pathetic.

If this is so...then why do shops allow it?

Graham_Devon

lindilou39 wrote: »

If this is so...then why do shops allow it?

It does not effect the shops does it. They get their money regardless.

If you stop looking to blame shops, banks, etc etc, you'll find that the people doing this are actually in the wrong, the buyer. No one else. Just them.

lindilou39

Graham_Devon wrote: »

It does not effect the shops does it. They get their money regardless.

If you stop looking to blame shops, banks, etc etc, you'll find that the people doing this are actually in the wrong, the buyer. No one else. Just them.

Am not actually blaming anyone shops ... banks...I regularly maintain my account and watch what am spending tyvm...I am basically claiming back what I have been told is unfair...and since my claim I have resisted charges being applied to my account by actively switching accounts and paying off the overdraft on the account that had the charges applied..

MonkeyMad

lindilou39 wrote: »

Well depends on the bank if its illegal or not...as for LLoydsTsb they stated on one of their info packs .. if you havent got enough money in your account but you know that funds will be in your account within the next 2 days then you can pay for your purchase using your cheque book and debit card....well it was words to that effect....so Graham you are saying that a bank is actively encouraging customers to break the law??

I don't fancy having to time my purchases to within two days of next being paid on the off-chance that my debit card will refused because I have reached my hard limit, and I have to resort to a cheque.