Reclaiming bank charges from a closed account

Hello,

I am wondering if anyone would be able to advise on my situation. I am
presently trying to recoup some bank charges I have accrued over the
past 5 years as this amounts to a considerable sum which I feel is very
unfair and, if you believe everything you read, is "illegal" for the
banks to charge so excessively.

My credit record is totaly ruined just now thanks to my previous bank,
who eventually managed to take over =A3600 out of my wage after a bank
charge drifted past me and escalated out of control whilst I was
unemployed over 4 years ago. I want this money back and I want the CCJ
removed from my file, they can keep the initial =A335 or so I went over
drawn by.

What are my options? Can I just write to the bank manager using one of
these numerous templates that are cropping up now, or is it too late?

Thanks,
Keilan

Re: Reclaiming bank charges from a closed account

What are my options? Can I just write to the bank manager using one of
these numerous templates that are cropping up now, or is it too late?


I believe you can claim up to 6 years after. One person i saw got back
nearly £5000.
I think the term is unlawfull rather than illegal reading notes about this
elsewhere.
At least now youve moved you cant have your account closed which seems to be
tactics that at least one bank is trying.

Re: Reclaiming bank charges from a closed account

Hi Keilan,
I personaly have been crippled by the bank charges, and i agree, it's
stupid the ammount they charge you. In my case i used to get paid 4
weekly, my money never got put into my account on a set date (say the
1st of the month for example) and yes, because of the way i was paid i
did miss some pay dates and the bank charged me for that, but what they
didn't tell me was that they put through the DD again a few days later,
which was either A) paid or B) unpaid and if it was unpaid the second
time, again, they charged me, something silly like =A330 a shot. I
missed a number of the "1st" payment dates because of the way i was
paid and because i was made unaware of the fact they put through the
Direct Debt again at a later date, i got into debt with them. Lucky
enough they never put a CCJ against me, but now because of the charges
my bank account now has a temp "OverDraft" on it. I think you should
read up more on this subject as mentioned by another member someone
managed to get back =A35000, there has been a number of cases like thgis
happen but the banks keep it quiet, just think how many other people
have fallen victim to bank charges? it would hurt alot of banks if
everyone filed against them.

One thing todo is ALWAYS read the small print, i know you have probably
been told this a million times before but it really does benifit you.
Also go and read the Banking Act's and Gov legislation on banks, find
out as much info as you can. I can understand your frustration but
going in there like a bull in a china shop gets you no where, remember
knowledge is power so go and read up, even if it takes you a week to
find something that will help you. That little bit of text will be
your fire power and get back what's rightly yours.

Good luck

Sin
www.Nofa.com

Re: Reclaiming bank charges from a closed account

"dave hall" <> wrote in message
news:F1djg.6373$
>
>
>
>
>
> What are my options? Can I just write to the bank manager using one of
> these numerous templates that are cropping up now, or is it too late?
>
>
> I believe you can claim up to 6 years after. One person i saw got back
> nearly £5000.
> I think the term is unlawfull rather than illegal reading notes about this
> elsewhere.
> At least now youve moved you cant have your account closed which seems to
> be tactics that at least one bank is trying.
>
Further note:
Have a look here as its a comsumer support action group that gives loads of
advice and has cases for each bank.

Re: Reclaiming bank charges from a closed account

On 12 Jun 2006 04:00:38 -0700, wrote:

>Can I just write to the bank manager using one of
>these numerous templates that are cropping up now, or is it too late?

Yes, no. 6 years is the limit under the statute of limitations.

The DPA request will get you all the info. even if you have forgotten
the account number.

Daytona

Re: Reclaiming bank charges from a closed account

Thanks for everyones responses, that website looks very handy indeed,
about to get some letters off today!

Regards,
Keilan


Daytona wrote:
> On 12 Jun 2006 04:00:38 -0700, wrote:
>
> >Can I just write to the bank manager using one of
> >these numerous templates that are cropping up now, or is it too late?
>
> Yes, no. 6 years is the limit under the statute of limitations.
>
> The DPA request will get you all the info. even if you have forgotten
> the account number.
>
> Daytona

Re: Reclaiming bank charges from a closed account

<> wrote in message
news:
> Thanks for everyones responses, that website looks very handy indeed,
> about to get some letters off today!
>
> Regards,
> Keilan
Did we tell you about the "share scheme"?
You pay each of the people who answered 30% of what you get. Of course if
your late paying there will be penalty charges, interest and court costs.
And then we close your account. lol

Re: Reclaiming bank charges from a closed account

On Mon, 12 Jun 2006 13:01:47 GMT, "dave hall" <>
wrote:

>
>"dave hall" <> wrote in message
>news:F1djg.6373$

>> I think the term is unlawfull rather than illegal reading notes about this
>> elsewhere.

Yes, the Office of Fair Trading has published guidelines to the courts
that fines should be related to the cost incurred by the bank rather
than a deterrent or a penalty -

'As a provisional step to speed compliance, the OFT has decided that
it is appropriate to give priority to addressing default charges which
exceed a threshold of £12. This is less than half the figure charged
by many credit card issuers at the moment. The OFT's presumption will
be that credit card default charges that are in excess of £12 are
unfair, unless there are limited, exceptional factors in play, for
example where a card issuer has a policy of requiring customers to pay
minimum monthly repayments by direct debits, such as that operated by
Egg, and offers credit cards only to customers that satisfy a
relatively high scoring requirement.'

<>

It is only guidance, so allows room for a judges discretion, but given
the amount of case law
<>
established it seems cut and dried.

>Further note:
>Have a look here as its a comsumer support action group that gives loads of
>advice and has cases for each bank.
>
>

Great site but I couldn't see a step by step guide. There's one here
<>

Daytona