Natwest Overdraft Fees

chambta

stclair wrote: »

That is not always the case sometimes the account holder might be required to pay some of the charges.

In cases where the errant overdraft is created entirely by charges the bank will simply arrange to wipe it and close it.

jalexa

BAA1 wrote: »

What fee was it that was charged and why were you not aware the charge could have been made ?
If it was a truely dormant account, then it would not have gone overdrawn.

The usual cause of this on a "dormant" account is a forgotten about Continuous Payment Authority.

While thankfully I am not defending an account not being monitored for 6 months, neither do I defend banking practice that allows Continous Payment Authority as a mechanism - with (unlike Direct Debit) no listing (either customer or bank) of current arrangements.

Just another example of consumer regulation failure.