Bank Charges OFT Test Case Discussion

a11waysindebt

Hi, Just google bank charges bank charges.

a11waysindebt

The OFT should have been more aware of the outcome of the claims and not sent every one on a refund spree.

If the banks do win. you have half the country with refunds and the other half in the poo,together with extra costs involved.

kev2b3

i fear if the banks should win, its going make them far too powerful.. i feel they will try getting all the money back , the money they have paid out to customers and barristers..maybe putting up the overdraft charges.
i wonder how many of us now feel the OFT has bitten of more than it can chew.......

nickmack

hibees1875 wrote: »

Seems strange for barclays to argue these fees are for a service, yet they refunded £80 odd million... They arent that customer-centric to refund such a huge amount of money out of "goodwill" unless they felt guilty about something...

I think this is one of the crucial parts of the case. It seems the Banks suspected they were on dodgy ground with the charges and within a few weeks of each other, all of them issued new T&C's proclaiming the charges to be a service.

Before this point, banks were telling customers they had broken the T&C's when they go overdrawn without agreement etc. Now they say, the customer isn't breaking the conditions, but requesting an informal overdraft.

nickmack

kev2b3 wrote: »

i fear if the banks should win, its going make them far too powerful.. i feel they will try getting all the money back , the money they have paid out to customers and barristers..maybe putting up the overdraft charges.

It's very unlikely they will get back any of the money already paid out. All of the refunds were made as 'Gestures of good will' and admitted no liability on the part of the bank. It would be difficult to ask for this back, even if they did win.

Xzane

Hi, i sent my claim off in july, but just my luck it was the day b4 they decided to put all claims on hold.. Im with natwest, and put a claim for £1,457.. when do they recon the case will finish? also, the bank stopped charging me shortly after i put my claim in, then started again, now theve stopped once again, im sure ther eplaying games..

charlottevwa

Xzane wrote: »

Hi, i sent my claim off in july, but just my luck it was the day b4 they decided to put all claims on hold.. Im with natwest, and put a claim for £1,457.. when do they recon the case will finish? also, the bank stopped charging me shortly after i put my claim in, then started again, now theve stopped once again, im sure ther eplaying games..

I am inthe same position as you.. i put my claim in with natwest only a couple of days before this test case! Although my claim was only for £400, but has since gone up... it is just mainly over drawn fees of £28 a time

a11waysindebt

Hi,
You will both have to wait until the initial case is over,This doesn't mean any monies claimed will be paid then,just that you or all of us will have a better idea of the next step forward.

This might be in the middle of February.

mystic_trev

a11waysindebt wrote: »

Hi,
You will both have to wait until the initial case is over,This doesn't mean any monies claimed will be paid then,just that you or all of us will have a better idea of the next step forward.

This might be in the middle of February.

No the Judge won't make a decision sraight after the case. The Judgement will be sometime after Easter.

a11waysindebt

This doesn't mean any monies claimed will be paid then,just that you or all of us will have a better idea of the next step forward.