Reclaim Unfair Bank Charges article discussion Part II

Orford

or from 2001 to 2005. Yes

Also can I claim for an account that was closed in 2008? Yes

jasper33_2

I agree with you the banks are hanging on until someone agrees with them and then it'll all get swept under the carpet. If 2 court cases have gone against them already and this one next week brings us no nearer to a resoloution then I fear i'll have to leave any money to my grand kids, I don't actually have any kids at the mo. The banks are playing the system and until someone in the government gets involved and says enough is enough this is going to go on and on for years. It's a complete joke the banks are still earning money from our money there holding , soon they will have accumulated enough money in intrest to pay us all back without touching the money they origanally took from us.

natweststaffmember

jasper33 wrote: »

I agree with you the banks are hanging on until someone agrees with them and then it'll all get swept under the carpet. If 2 court cases have gone against them already and this one next week brings us no nearer to a resoloution then I fear i'll have to leave any money to my grand kids, I don't actually have any kids at the mo. The banks are playing the system and until someone in the government gets involved and says enough is enough this is going to go on and on for years. It's a complete joke the banks are still earning money from our money there holding , soon they will have accumulated enough money in intrest to pay us all back without touching the money they origanally took from us.

If you are sued and you believe that your interpretation of the law is correct you would fight tooth and nail to make sure you won. Why should the banks act differently to how you would react? I would do exactly the same as they would.

jasper33_2

natweststaffmember wrote: »

jasper33 wrote: »

If you are sued and you believe that your interpretation of the law is correct you would fight tooth and nail to make sure you won. Why should the banks act differently to how you would react? I would do exactly the same as they would.

The banks have taken a hammering recently and any money they pay back out will be our own seeing as we as tax payers have major stakes in most of them now anyway. They'll get one ruling in there favour and that'll be it all over.

natweststaffmember

jasper33 wrote: »

natweststaffmember wrote: »

The banks have taken a hammering recently and any money they pay back out will be our own seeing as we as tax payers have major stakes in most of them now anyway. They'll get one ruling in there favour and that'll be it all over.

I would still appeal any ruling if I could and I was being sued. Furthermore, it's RBS Group and LloydsBanking Group that the government have stakes in so less than 50% of the personal current account market so it's hardly a majority stake in the whole banking system.

jasper33_2

natweststaffmember wrote: »

jasper33 wrote: »

I would still appeal any ruling if I could and I was being sued. Furthermore, it's RBS Group and LloydsBanking Group that the government have stakes in so less than 50% of the personal current account market so it's hardly a majority stake in the whole banking system.

Makes no difference we won't get anything back. Have the FSA got unlimited money, I hope they have cause when the banks get 1 ruling in their favour can the FSA do what the banks are doing and keep appealing. They can only do this if they have the money and I don't think they have. We'll wait and see what the ruling is on Wednesday but I think it'll be 2-1 in our favour but the banks will never give it up.

natweststaffmember

jasper33 wrote: »

natweststaffmember wrote: »

Makes no difference we won't get anything back. Have the FSA got unlimited money, I hope they have cause when the banks get 1 ruling in their favour can the FSA do what the banks are doing and keep appealing. They can only do this if they have the money and I don't think they have. We'll wait and see what the ruling is on Wednesday but I think it'll be 2-1 in our favour but the banks will never give it up.

two points really. The OFT are the ones who are suing the banks and not the FSA.
the second point is that there are 5 judges on this one and not 3 judges.

worley2889

Hi been in an iva ageement for 3 years . I was with lloyds tsb at the time and i had to change banks. i have always wondered if it would be possible to reclaim my bank charges as i am now in an iva ageement but also as i am with another bank ...does anyone know?

salty1981

Hiya
I'm about to try and reclaim for bank charges from NatWest but I'm wondering whether I can if my account is currently overdrawn or does this matter?
Also, do I account for the just the £28 charge or do I also include the interest? I'd be s grateful for any advie
:rolleyes:

natweststaffmember

worley2889 wrote: »

Hi been in an iva ageement for 3 years . I was with lloyds tsb at the time and i had to change banks. i have always wondered if it would be possible to reclaim my bank charges as i am now in an iva ageement but also as i am with another bank ...does anyone know?

Yes you can reclaim the charges.