Opening a new bank account for benefits only?

tomtontom

Goldie4711 wrote: »

Thanks for the quick response.
I'm not trying to "avoid" the £2 per days fees illegally, (like big companies and famous comedians and pop groups do do....ahem... JOKE....don't sue me!!!)....BUT if there is legislation that prevents them appropriating from my account during my current financial difficulties and ato at least defer the £60 fees, I would be most welcome to know it.
Do you know the part of the legislation that deals with it, please?
Then I will prasie it so other folk can know straight away
Thanks for your help,
Goldie

Do you mean precis? If so all the relevant information has already been given. You might be better focusing your time on getting your debts under control than worrying about others.

Goldie4711

wildwestfan wrote: »

I get quite cross when people blame the banks when it is themselves who have spent money that they didn't actually have.

Thanks for the quick response ....BUT... NONE of us should spend money we don't have, should we? (consumers or banks)?....
Your philosophy is interesting though I disagree with it TOTALLY.
Banks can spend money they don't have but not consumers....Hmmmm..ho hum...Double standards?
I appreciate you support the banks -that's your right and opinion so please don't contribute to this thread further - but in the meantime -

---

""Is there anyone out there who knows the legislation by which bank fees against accounts of people with overdrafts and obtaining government benefits can be deferred, to prevent them having to end up on the streets?""
Regards,
Goldie

Goldie4711

tomtontom wrote: »

Do you mean precis? If so all the relevant information has already been given. You might be better focusing your time on getting your debts under control than worrying about others.

Yes, I meant "precis"...I never learnt Latin.
All the relevant information hasn't been given, as folks are saying the relevant Act won't help me, but I know there is something in law that says the opposite, from instinct.
Can you help?
Thanks,
Goldie.

Goldie4711

It's okay, folks.
Despite your unfriendly responses, I found this link and hopefully that will conclude matters
http://www.legalbeagles.info/forums/showthread.php?17324-First-Right-of-Appropriation-stop-the-bank-taking-your-money

tomtontom

Goldie4711 wrote: »

It's okay, folks.
Despite your unfriendly responses, I found this link and hopefully that will conclude matters
http://www.legalbeagles.info/forums/showthread.php?17324-First-Right-of-Appropriation-stop-the-bank-taking-your-money

Which says exactly what you have been told here! :rotfl:

Goldie4711

tomtontom wrote: »

Which says exactly what you have been told here! :rotfl:

I apologise...true...I googled "right of appropriation" as instructed by a previous poster on this thread.
Apologies,
Goldie4711

bengal-stripe

Goldie4711 wrote: »

It's okay, folks.
I found this link and hopefully that will conclude matters

Sorry, to rain on your parade. Her Majesty's Government does not agree with "Legal Beagles"!

The Government's response:

The purpose of the Social Security Administration Act 1992 Section 187 and section 45 of the Tax Credits Act 2002 is to prevent people’s benefit money being at risk by it being assigned over to a third party in settlement of a debt. It is not intended to prohibit the application of bank charges. Bank charges are in the nature of an expense, and are incurred by the holder of the account; tax credits and benefits are payable in order to help customers meet their expenses, and as such it is legitimate for banks to deduct charges from the balance of an account held in that bank, whether the money paid into the account comes from tax credits, benefits or other sources, such as earnings.

http://www.consumerwiki.co.uk/index.php/Benefits_and_the_Social_Security_Administration_Act

A "bank charge" is not different in nature from Tesco charging you for a pint of milk. They are both expenses in nature.

Goldie4711

bengal-stripe wrote: »

Sorry, to rain on your parade. Her Majesty's Government does not agree with "Legal Beagles"!



A "bank charge" is not different in nature from Tesco charging you for a pint of milk. They are both expenses in nature.

OK, but wouldn't the Bank lending code / BCOBS supersede the legislation you have quoted, since they are more recent?

epitome

Save yourself a lot of bother and open another account with a different bank now, then you can phone DWP and your account will be changed immediately. If you can't open an account you can either nominate someone else's account (your family or good friends) and as long as you supply sort code, account no. and account holders name then your benefit will immediately go into that account. Unless it has already been released, payments are released 3 - 6 days before they actually credit into your existing account.

OR you can call DWP and ask them to contact the Post Office on your behalf and the Post Office will contact you with an account opening pack.

BillJones

Goldie4711 wrote: »

........they will take what they are due UNLESS UK legislation supersedes (their greed and moral repugnancy) in the meantime...

Wow. The OP spent the bank's money, yet it is the banks who are being greedy?

I genuinely can't even start to work out how different our moral outlooks must be that you'd be able to write the above with a straight face.