Large bank charges

www1

I have successfully reclaimed small amounts from credit cards but have a large sum (£9,500) to attempt to reclaim from Lloyds TSB for bank charges. Due to the amount I have been putting it off as I seem to remember that the small claims system only allows for claims up to £5,000. Has anyone attempted to claim an amount of over £5,000 and if so how did you do it and how did you get on? Any advice would be really appreciated!
Thanks
Wendy

natweststaffmember

The limit for small claims court is £100,000. The myth of £5000 came about because over this amount, you could be made to pay costs if you lost. Many people have tried and won claims over £5000, however with the OFT test case, most claims are being logged by banks but are on hold pending the decision of the High Court in London.