Any advice?

Flyboy152

The OP's bank hasn't been asked to repay anything. Besides, I don't think Lloyd's Bank is most banks.

Anytime means they can ask at any time, it doesn't mean that they demand immediate payment.

david39

The OP is complaining that her OD facility has been drastically reduced without notice and this has caused her a problem.

I quoted Lloyds Bank's T&Cs which cover closure or amendments to the overdraft facility and pointed out that, if her banking was with them. then they would have done nothing that was not within the agreed terms.

Further, this is the equivalent in Yorkshire Bank's terms:

Unless we have specifically agreed otherwise with you, we may require you to repay your overdraft at any time. Wherever possible, we will give you advance notice of repayment but we do not have to give advance notice. We will review your overdraft limit regularly and may increase or decrease it (including removing it entirely).


which effectively is the same thing and will surely apply to all banks - have a look at the full overdraft terms of your own bank, not just the cosmetic ones in the brochures.