Reclaim Unfair Bank Charges Discussion Area

electriclady

Hi everyone,

I am about to request my last 6 years worth of bank statements from the HSBC to attempt to claim my bank charges. However I have a problem.........

I am in debt with the HSBC with a credit card, loan and my old account.

My overdraft on my current account was £400, the account has now been closed and on the account alone has a outstanding balance of £1700, this is with all the charges they have added on. I now have a default on this account.
When the account was open, I was always getting unfair charges and i always ended up paying them.

I was wondering if anyone knew how i would stand on claiming them back?
Would they take the amount off the debt I owe them????
Would I get the charges back for the times when my account was active???

Hope someone can help.

Thanks

Edinburghlass_2

You can claim on a closed account however as the account is in debt any successful reclaim would be paid into the account to reduce the debt.

You can claim back 6 years from now rather than 6 years of while the account was open.

Scott102

If I were to lose would I have to pay costs and how much roughly?

Edinburghlass_2

I think you need to read Martin's article regarding claiming as one of the reasons of taking it through small claims court is the costs are minimal.

Step-by-step Guides: Bank Charges: Reclaim Your Cash | Top New Bank Account Calculator: Charge them interest Template Letters: (right click and save) Ask for charge details |Initial letter | Second letter | Small claims note Get Updates On Important Changes: Free Weekly Money Tip

Also read this thread for court costs.

http://forums.moneysavingexpert.com/showthread.html?t=304064

Kirstie007

Does anyone know wether you subtract the £12 banks are allowed to charge when submitting a claim or whether you claim for the full amount of the charges?

Edinburghlass_2

Rex_Mundi wrote:

The OFT said that just because a bank charges £12, it does not make this a fair charge. Only a court can decide if the charge is fair or not. The CC companies have been paying out claims rather than testing this in court, so we don't know what a judge may think.

You can claim the full amount.

Kirstie007

Does or will my claim include any issues under the Human Rights Act 1998?

emma_c82

I need some help. I have just got my bank charges back from the halifax £927. I'm now going for the credit cards. I called them today asking for my statements etc and was advised by the operator that i would be charged £5 for each one. In total £200. Is this correct? I said i'd look into it and get back to them. Can anybody help?

millielotus

Now i know i'm thick i keep sending the message to myself!!
Hope someone can help me with these 2 queries.

I am claiming £2095 +£525.88 interest a grand total of £2620.88 They offered £1000 in a letter then £1200 over the phone but i said no deal.

I am now filling in the Moneyclaim form online.

Q1 the defendant is obviously Barclays, do i have to put their head office address in the defendant box, the address of the branch where my account is or the address on the last letter i received from them which was Barclays Retail Customer Relations in Swansea?

Q2 In Martin Lewis's example "Particulars of claim" No4 where it mentions the interest. Do i put the £525.88 interest which was worked out on the online calculator. The in No5 it says "insert total charges" plus interest ammounting to a total of "insert total charges plus interest"
I never was any good at maths but find this abit confusing. I imagine the 0.028% is left out of the equation for now as i guess the bank has to add that on at the end if they loose.

Mny thanks to who ever can help

Millielotus:T

Edinburghlass_2

Have a read of this thread...

http://forums.moneysavingexpert.com/showthread.html?t=353590

As regards the address of the bank, its the registered address of the bank in this thread..

http://forums.moneysavingexpert.com/showthread.html?t=304064