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Has anyone reclaimed charges from their bank?
Was it easy?
Did you get the amount you expected?
Did you use a website to help you?

We were discussing this at work at dinner break today and although it seems commonplace, none of us knew anyone directly who has done it. Im sure someone on here did, but Ive slept (in 4" of water in a tent) since then and cant recall whom.

i'm going through the process now which is fairly straight forward, my daughter has had £500 refunded. but the banks have put a hold on paying out untill the out come of the court case to determine if the charges are legal.but you can still ask the bank for a full account of your total cherges for the passed six years.

We got a refund last year, was about £600 I think. They didn't dispute it either (cos we'd have moved our accounts)

Kwackerz wrote: but Ive slept (in 4" of water in a tent)

HM forces providing flotation therapy now?

When we moved down to Wales I went in to see the manager at our local small town Lloyds and did a deal - we'd move all the family accounts to him plus the businesses accounts on the basis that we would pay no charges except interest should we borrow money. To be fair they have stuck to the deal even for things like safety deposit box charges, any letters, account charges and the occasional gone overdrawn cock up so I have no basis for reclaiming anything not having paid anything.

Whether these days we would be able to identify anyone at the bank capable of negotiating something like that I do not know

Best thing to do is not go overdrawn/over your overdraft limit. Simple! Most banking is FREE if you stay in the black.(or have i missed out on something here?) Banks charge these ammounts because you have gone beyond the agreed limits of your account or you have defaulted. Its one of the ways they make money, their only in business to make a profit like every other company. The way i see it, those charges are there in the contract when you join that bank. Its our fault that we dont read what were signing ourselfs into. Dont spend what you havn't got! Easy!

stevethenorm wrote:Best thing to do is not go overdrawn/over your overdraft limit. Simple! Most banking is FREE if you stay in the black.(or have i missed out on something here?) Banks charge these ammounts because you have gone beyond the agreed limits of your account or you have defaulted. Its one of the ways they make money, their only in business to make a profit like every other company. The way i see it, those charges are there in the contract when you join that bank. Its our fault that we dont read what were signing ourselfs into. Dont spend what you havn't got! Easy!

Think you're right Steve.
First job I had when I left school was working for a bank. One month I was paid a couple of days late as I'd moved to work at a different branch and the salaries hadn't caught up. As a result I went 23p overdrawn. I was hauled before the bank manager and received a major bollocking for "anticipating my salary" .... which they had paid late .... Staff accounts weren't allowed to go overdrawn under any circumstances.
Now I know business often relies on borrowing - and, indeed, that's how the banks make money - but they do penalise heavily for people doing things beyond what has been agreed.
Golden rule - agree it first.

As for me, never been overdrawn since that 23p incident - I guess the bollocking did me good (although I still think it was completely out of order).

thats ok, but there are alot of people out there who are struggeling along with students paying fees.£39 to return a cheque which is automated in my view is taking the p#~#.

fastasfcuk wrote:thats ok, but there are alot of people out there who are struggeling along with students paying fees.£39 to return a cheque which is automated in my view is taking the p#~#.

Don't think I actually endorsed the level of charges that are sometimes applied - just recognised that if you do things with out agreement they will hit you hard.