Natwest Overdraft Privilege Charge

nikleson1979

Dear All,

I need a bit of advice.

My mother telephoned me today and asked whether or not she should be charged by her bank for just the privilege of having an over draft.
She gets charged on a monthly basis around £28 even if she hasnt used the over draft facility.
Is this standard practice because on my overdraft i only get a charge if i use the facility.
What can be done about it? or does this fall under the reclaiming bank charges case that has been on going?

Help would be much appreciated

Nick

Orford

How does it appear on her statements? Is it called "Maintenance Fee"?

This is Natwest new name for Unarranged Borrowing Fee which was changed the name to "Maintenance Fee" with effect from August 10th 2007

mon1o

my friend is with natwest and she gets charged £38 every time she uses her overdraft. She even gets charged the same amount when she doesnt use it. I have just got home after meeting with her and she is currently £20 in credit. Natwest have decided to hold this £20 and use it as part of one of these "maintenance fee" charges so she can now not get any money out until her partner gets paid on the 1st may. Natwest also told her that in may they will hold £18 in her account to cover the rest of the amount required to pay for the charge. If i wasnt stood next to her i wouldnt have believed her its a disgrace! She mentioned yesterdays ruling at the courts about the charges being unfair and unlawful and they told her that because the decision to hold the money was made 5 days ago the ruling yesterday does not apply but the man said she should 'feel free to try and take Natwest to court because theres no way you can win'.

Sorry i went on and ranted a bit is this fair? It seems a very sneaky tactic to me and im sure the banks arent allowed to behave in this manner.
Monica xx