Overdraft Fee Takes You Into Unarranged Overdraft - More Fees

Lokolo

Hi,

My brother has got into the situation I describe in the subject. He went into his unarranged overdraft, he then got himself out. But then fees have then pushed him back in, and now he has been charged more fees.

He is under the impression this isn't allowed (I don't share this view, I thought if they've given you notice then it's fine!).

Can anyone confirm?

I have already told him that he shouldn't be using his overdraft day to day as it is.

sourcrates

Hi,

The fees will be clearly listed in the banks terms and conditions.

He should write to the bank explaining his situation, and asking for a refund of the fees that have caused him the problems.

Most banks will do this as a matter of course at least once a year anyway, if asked.

If he dosent tell them, they won't know.

Newdirections

Hi, my husband was having this issue with Lloyds and he used the template letter on this website to write to them. They ended up returning £270.00 which was the true amount of all fees over a 4 month period.