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Bank charges

stokiesaver
stokiesaver Posts: 1 Newbie
in Budgeting & bank accounts
wonder if anyone can help,

i had a natwest bank account with an overdaft of £200, after forgetting about the account i have now realised that there is now a £1200+ debt on the account through bank charges.

does anyone know if i can get these charges voided or atleast lessened?

i would appreciate any advice there might be out there.
«13

Comments

  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 25 December 2014 at 6:19PM
    Generally, the only you can do is to ask.
    MSE article: Bank Charges Reclaiming

    As a side note, it's hard to believe that one can simply "forget" about an account with £200 debt in it and ticking.
  • stclair
    stclair Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    How did you forget about the account?

    Did you not recieve statements or notification or charges?
    Im an ex employee RBS Group
    However Any Opinion Given On MSE Is Strictly My Own
  • w00519772
    w00519772 Posts: 1,297 Forumite
    The bank is not at fault here. It is your responsibility to manage your money. It would be unfair on everyone else if they waivered the charges in my opinion.
  • Robin9
    Robin9 Posts: 13,078 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    OP Why should other customers subsidise your mis-handling of you account?
    Never pay on an estimated bill. Always read and understand your bill
  • grumbler
    grumbler Posts: 58,629 Forumite
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    edited 25 December 2014 at 10:47PM
    w00519772 wrote: »
    It would be unfair on everyone else if they waivered the charges in my opinion.
    Come on...
    Are you saying that charging £1K worth of charges for £200 debt over a few years is fair?
    Moral/fairness doesn't work here.
    Robin9 wrote: »
    OP Why should other customers subsidise your mis-handling of you account?
    Well, in fact it's the OP who is subsidising free banking of many other customers (including mine). Not that I am saying that I am unhappy with this.
  • w00519772
    w00519772 Posts: 1,297 Forumite
    grumbler wrote: »
    Come on...
    Are you saying that charging £1K worth of charges for £200 debt over a few years is fair?
    Moral/fairness doesn't work here.

    Well, in fact it's the OP who is subsidising free banking of many other customers (including mine). Not that I am saying that I am unhappy with this.



    i have to pay the price if my account is overdrawn and so does everyone else. It is specified clearly in the terms and conditions.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 25 December 2014 at 11:42PM
    w00519772 wrote: »
    i have to pay the price if my account is overdrawn and so does everyone else. It is specified clearly in the terms and conditions.
    You used the word 'unfair', didn't you? So are you saying that all charges are fair as long as they are specified in the T&C?
  • marleyboy
    marleyboy Posts: 16,698 Forumite
    10,000 Posts Combo Breaker
    The fact is, OP will have to pay this debt back, "I forgot" does not get OP out of paying the debt. How anyone can simply "forget" is staggering.
    :A:dance:1+1+1=1:dance::A
    "Marleyboy you are a legend!"
    MarleyBoy "You are the Greatest"
    Marleyboy You Are A Legend!
    Marleyboy speaks sense
    marleyboy (total legend)
    Marleyboy - You are, indeed, a legend.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
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    Q What do you call a Christmas day t**ll ?


    A first time poster with an improbable problem.
  • EarthBoy
    EarthBoy Posts: 3,374 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    grumbler wrote: »
    You used the word 'unfair', didn't you? So are you saying that all charges are fair as long as they are specified in the T&C?

    If a customer thinks their bank's charges are unfair they can avoid them by managing their account efficiently and not going overdrawn etc.
This discussion has been closed.
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