Bank charging me £540 a month

paul.m84

I was made redundant about three months ago and have three seperate accounts with natwest and went overdrawn with them across them all three. I have been using a fourth account to have my new jobs wages into, this is because Natwest have been charging me £6 per day per account = 180 x 3 = £540 in charges a month, can they really do this as there is not a snowballs chance in hell I can afford to pay the interest alone and im alread £1000 in the red.

JuicyJesus

Why are you overdrawn on all three accounts? What transactions took you over/overlimit? Why do you have three accounts in the first place?

paul.m84

One in my name and 2x joint, basic & current. It was a direct debits that are now cancelled but I still need to find a way to solve this

JuicyJesus

paul.m84 wrote: »

One in my name and 2x joint, basic & current. It was a direct debits that are now cancelled but I still need to find a way to solve this

Have you spoken to the bank? Now you have an income they may arrange a payment plan for you. They are allowed to charge fees, although asking nicely and explaining the circumstances may get them to refund some or all of them.