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First round to OFT in Bank charges case

Reported here

http://news.sky.com/skynews/article/0,,30400-1313853,00.html

The last sentence could mean it's a hollow victory for anyone that conducts their account well though.

Comments

  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yup, been saying that from day one. Those doing OK will pay.

    So I guess we still have to wait now on this?:

    Quote: The decision paves the way for another hearing in which the court will decide whether the charges are unfair and, if so, what they should be.
  • Dan_Collins_2
    Dan_Collins_2 Posts: 1,377 Forumite
    Not many countries have free bank. I think it may be pay back for the Banks, they have been taking us for a ride for to long.

    Before anybody says they are a business and I would not work for free I agree! But we have no choice, we cant live without a bank account and poxy direct debits!
    :confused:
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Yeah, but the fees they will charge us are going to be much higher than in other countries as usual it will be rip off britain.
  • add this result to the credit crunch and say goodbye to the return of competitively priced mortgages.

    A sad day for anybody who who remains within their agreed overdraft.
  • keeno
    keeno Posts: 70 Forumite
    I started the procedure to reclaim my charges just before this all went to court. Will my case procede where it left off or will I only be able to reclaim charges dating 6 years back from the date everything is resolved in the courts?
  • UK007BullDog
    UK007BullDog Posts: 2,607 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Go to the bank accounts forum. all your questions answered there.
  • How many threads on the same topic do we need?
    'I'm as mad as hell and I'm not gonna take it....for much longer!'
This discussion has been closed.
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