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  • FIRST POST
    • Fleur52
    • By Fleur52 10th Mar 18, 9:33 AM
    • 19Posts
    • 0Thanks
    Fleur52
    BANK CHARGES - Is it too late to reclaim Overdraft
    • #1
    • 10th Mar 18, 9:33 AM
    BANK CHARGES - Is it too late to reclaim Overdraft 10th Mar 18 at 9:33 AM
    Can someone please advise me if it is too late to claim current account late fees and over draft fees etc?

    Thanks
Page 1
    • Moneyineptitude
    • By Moneyineptitude 10th Mar 18, 9:40 AM
    • 20,148 Posts
    • 11,095 Thanks
    Moneyineptitude
    • #2
    • 10th Mar 18, 9:40 AM
    • #2
    • 10th Mar 18, 9:40 AM
    If you are no longer a customer of the Bank you hope will refund you then there is no point even trying. Historical charges are not refunded.

    Since the 2009 court case bank charges have not been reclaimable unless you can demonstrate that you are in the bank's definition of CURRENT Financial Hardship.

    Even then, any refund is a goodwill gesture and will typically be only very recent charges. Alternatively, the Bank can also suggest a debt management programme or choose to suspend interest for a period.
    • Fleur52
    • By Fleur52 10th Mar 18, 9:49 PM
    • 19 Posts
    • 0 Thanks
    Fleur52
    • #3
    • 10th Mar 18, 9:49 PM
    • #3
    • 10th Mar 18, 9:49 PM
    Thanks.

    I am with the same Bank, however, I do not have any overdrafts now, and was just wondering if I could claim the previous years going back to 2010.
    Thought someone may have had any success getting refunds.
    • dunstonh
    • By dunstonh 10th Mar 18, 9:58 PM
    • 92,613 Posts
    • 59,926 Thanks
    dunstonh
    • #4
    • 10th Mar 18, 9:58 PM
    • #4
    • 10th Mar 18, 9:58 PM
    Thanks.

    I am with the same Bank, however, I do not have any overdrafts now, and was just wondering if I could claim the previous years going back to 2010.
    Thought someone may have had any success getting refunds.
    Originally posted by Fleur52
    There are only two known successes since the banks won in 2009. Both of those involved strange circumstances. Including the customer being looked in the bank interview room.

    Since the banks won in 2009, the reclaiming of charges ended. Except on CURRENT financial hardship cases where the bank may consider refunding some recent charges.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • Moneyineptitude
    • By Moneyineptitude 10th Mar 18, 10:18 PM
    • 20,148 Posts
    • 11,095 Thanks
    Moneyineptitude
    • #5
    • 10th Mar 18, 10:18 PM
    • #5
    • 10th Mar 18, 10:18 PM
    Thought someone may have had any success getting refunds.
    Originally posted by Fleur52
    Why would they?

    As already explained (twice), the Banks won their court case about charges in 2009.
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