Bank has overdrawn me

cheexy

j3ssiica wrote: »

Have rang them and they said as other people on here told me that the available balance doesn't always update straight away, with it being my first time they won't charge me. I will defiantly be more careful in the future, thanks again for all helpful advice

Glad it all got sorted out in the end.

MABLE

j3ssiica wrote: »

6 a day isn't too bad thought it was more than that, I wouldn't know as never happend before, I have emailed them and will ring them later when I get a minute, thankyou.

Even £6 a day is to much. Can buy an awful lot in Lidl for that.

Blackbeard_of_Perranporth

Lesson from shop floor on Apprenticeship 1978. Cheque stubs, use them to reconcile your actual balance at the bank. Oh, and you had to pay in them days to issue a cheque as well!

pmduk

Many bank accounts don;t even come with a cheque book now, let alone a cheque stub.

A notebook and pen is the way forward or even a smartphone app if appropriate.

YorkshireBoy

pmduk wrote: »

A notebook and pen is the way forward

Bang on!

When I had nowt (for many years!) I used the most recent statement (and kept it in my wallet), entering transactions in pen and continuing overleaf as necessary. Then reconciled when the next statement arrived, and started again.

Quite often had more than my statement said I had...but, crucially, never less as I entered the outgoings due that week/month as soon as I was paid and did the same with debit card transactions made. In fact, as soon as I signed a cheque or entered my PIN the value of that transaction was recorded on my statement/list of recent transactions.

I never incurred bank charges...and even managed to keep £50 in the account, because if you went below that your banking wasn't free!

It's not rocket science!...so you don't need a gadget and/or software!

mgdavid

Originally Posted by colsten The OP didn't have an overdraft, so their available balance didn't include any overdraft.

jjlandlord wrote: »

That's not what the OP suggests.
...........

From the OP (post #1) -
'I have never asked for nor do I want an overdraft'.

you would prevent yourself looking very foolish if you read the thread...

colsten

jjlandlord wrote: »

That's not what the OP suggests.

already eloquently responded to by mgdavid

jjlandlord wrote: »

There is obviously trickery involved if only by making it unclear on purpose where the actual funds stop and where the overdraft starts.

there are several reasons why you would wish to remember how much your agreed overdraft is. If you are unable to

• remember the amount of the agreed overdraft, and/or
• subtract the agreed overdraft from the available balance, and/or
• remember that the available balance isn't necessarily the money you have actually available to you

that equates to your own inability to handle your finances responsibly. The only trickery that could possibly be involved in any of this would be trickery of your own mind.

PeacefulWaters

j3ssiica wrote: »

No need to be rude, it's never happend to me before....

Ok, let's approach it the other way.

The bank hasn't made you go overdrawn. You've done that. The account holder knows the transactions that they've authorised using a debit card. The bank doesn't always have the same information.

You can choose to rely on the information you know about. Or not.

You can be in control. Or not.

seems like a con and don't think it's right

It's not a con.

anyway I posted this for advice so yeah, thanks for your great advice it's really helpful

Take control. Know what transactions you've done.

NotRichAtAll

i think the person who withdrew the money made you overdrawn, you can thank your partner for that it is your responsibility to manage your money, sad as it may seem i know to the last penny what i have "available" in my accounts. It's basic math spend £20 today i have £20 less to spend tomorrow