Bank Charges Test Case Article discussion

postmanpat68

bbc seem to think the test case could go on to 2015!!!!!!!!!!
http://news.bbc.co.uk/1/hi/business/8371004.stm

natweststaffmember

postmanpat68 wrote: »

bbc seem to think the test case could go on to 2015!!!!!!!!!!
http://news.bbc.co.uk/1/hi/business/8371004.stm

What fun that will be, lol.

PhiltheBear

postmanpat68 wrote: »

bbc seem to think the test case could go on to 2015!!!!!!!!!!
http://news.bbc.co.uk/1/hi/business/8371004.stm

The Sunday Times reckon that the Govt will bring pressure to bear and it'll get settled fairly quickly if the result is in 'our' favour. (Fairly quickly = 6 months plus). Gordon Brown will push for it as another plank in his election platform - 'greedy bankers', 'we won you a payout', etc.

But, of course, the Supreme Court rule on a matter of law - not necessarily common sense.....

moonflower_2

hello could someone tell me how the interest is calulated on a bank charges claim from 2007? Is it calculated daily/monthly.

The claim is for £4,500 and another for £9,000. Thanks

SAIBOT

postmanpat68 wrote: »

bbc seem to think the test case could go on to 2015!!!!!!!!!!

What a surprise...not. Give it up. We won't ever see our charges.

PhiltheBear wrote: »

The Sunday Times reckon that the Govt will bring pressure to bear and it'll get settled fairly quickly if the result is in 'our' favour. (Fairly quickly = 6 months plus). Gordon Brown will push for it as another plank in his election platform - 'greedy bankers', 'we won you a payout', etc.

Keep dreaming.

natweststaffmember

Glad to see that there are positives vibes on the thread.

postmanpat68

natweststaffmember wrote: »

Glad to see that there are positives vibes on the thread.

NOT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!:eek:

Linguistic_Chimp

I thought I'd point everyone to this article on the BBC news website about the bank charges reclaiming decision happening today.

They're looking for case studies - just fill in the form at the bottom of the article. Maybe mention that you found the article through this website to help its profile too?

SG1FAN

If today's ruling is in favour of the banks would i be able to claim back my money as my charges were taken from my benefits, and from what i have read on the forums banks are not allowed to be take money from benefits to pay for bank charges under the social security administrations act 1992. So would i have a case for claiming the money back?

I wondered lately why they had not been replying and letting me know whether they had made a decision on my case they were waiting for todays outcome

MercMan

News just in from BBC feed. Supreme Court has upheld the Banks Appeal. The OFT cannot challenge the Banks on the grounds laid out by them.

http://news.bbc.co.uk/1/hi/business/8376906.stm