View Full Version : CLAIM BACK BANK PENALTY CHARGES!
hope this helps someone!
http://news.bbc.co.uk/1/hi/business/6170209.stm
Justin..
19-12-2006, 22:40
im goin to do this. could do with soem cash :lol:
cheers fatboy. that page explained it well and has a brilliant download to help you plan out your letter 8)
watch they dont close your account afterwards tho...I would get another lined up.
Justin..
19-12-2006, 23:23
lol :shock: if they do im screwed my credit rating is so bad i cant open another account :lol:
tut tut! i was in that boat!!! and even have a CCJ but its been over 6 years now! and my credit is top notch now! :D
Justin..
19-12-2006, 23:28
:cry: oh well. i dont care, lol thinkin about changin the log book on the clio to me mums name so it cant eb taken away :lol:
I helped my sister do this and she got back 750 notes.
The nightmare of it is you have to trail back through all your bank statements and list every charge you have had over the past six years and add them up in a table, send this to the bank with your letter.
Statements like this seemed to do the trick....
I now understand that the regime of 'fees' which you have been applying to my account in relation to direct debit refusals, exceeding overdraft limits and so forth are unlawful at Common Law, Statute and recent Consumer regulations.
Furthermore, I shall submit a Consumer Credit Act 1974 complaint to the OFT upon the basis that you have failed to comply with the OFT's direction of 5 April 2006 and are therefore not a 'fit and proper person' to hold a consumer credit licence under the 1974 Act. If you do not understand what this means then seek advice from your legal department.
Good luck to everyone claiming them back.
MatBrown
21-12-2006, 02:12
I helped my sister do this and she got back 750 notes.
I think she needs help managing her finances as well, that's a lot of fees!
Mat.
A workmate of mine did this but i think its only valid back to April this year (in Scotland anyway).
I helped my sister do this and she got back 750 notes.
I think she needs help managing her finances as well, that's a lot of fees!
Mat.
LOL yeah
It was over 6 years though. At 35 quid a charge from Co op bank it soon adds up.
i max banks can charge pcm is £50, and like mat i felt a bit worried when i saw a prog showing many individuals claiming back over £5000 worth of fees. some ppl are so stupid! the only reason banks pay up is because it is uneconomical for them to go to court.
just got £177.50 payout!!!! :D excellent! thats paid for my glastonbury ticket!!!! :wink:
Justin..
01-02-2007, 20:36
nice one. im still waiting for some more charges to come through then gunna go for it :lol:
cheers fatboy natwest ow me £38 the bastards
i did this about 10 month ago before it was all over the news and got back £450! bonus!
I should get my £38 back easily as it was only a month ago it happened.
n thats a lot with me being a student 8)
you can claim back up to 6 years, so check through all your statements Joel, you may have more you can claim back.
:lol:
you can claim back up to 6 years, so check through all your statements Joel, you may have more you can claim back.
:lol:
No I havent, only set my account up last september (2005), when i started college for my E.M.A 8)
Clio_GTT
03-02-2007, 16:30
Is this for real ? Is there charging unlawful ?
yes its for real! and its not illegal! a legal loophole has been found and loads of people are exploiting it
Im sending mine off tomorrow - only worry i have is the bank being a right cunt to me after they refund the cash?
Change Bank Gav if they do :wink:
Im sending mine off tomorrow - only worry i have is the bank being a right c**t to me after they refund the cash?
i doubt it mate! the amount of people that are doing this is immense. anyways if the bank was to treat you unfairly and be a cunt, then theres always the ombudsman you could go too....
End of the day its our money they're Stealing :twisted:
how do you go about getting 4-5 years worth of statements??
the bank will charge quite alot for this?
Internet banking!!!
:lol:
You only need to compile a list of the charges in a table, you dont need to present them with all the statements. Well, thats what I did with my sisters anyway. When I helped her do hers, the co op bank wanted £5 a statement, so she signed up for interent banking and we took it all off there.
:lol:
my internet banking only goes back a year! but there is a letter on the first post on here that asks the bank to go over 6 years worth of statements on your behalf for free....
my internet banking only goes back a year! but there is a letter on the first post on here that asks the bank to go over 6 years worth of statements on your behalf for free....
I'm sure if you write to them explaining why you want them, they will oblige. Just comparing to the way I helped my sister approach it, every bank is diff aren't they. :?
yeah true! im with the woolwich here! but there owned by the biggest tossers of all BARCLAYS
so just so i know fully, how do i go about getting the statements?
Cuz i was told all i need to do is call them and it will cost about £5 for 5 years?
so just so i know fully, how do i go about getting the statements?
Cuz i was told all i need to do is call them and it will cost about £5 for 5 years?
I would say-
first try internet banking and see how far back it goes
If no joy ring and ask, find out how much for copy statements (u never know it might be free)
If its not free and works out expensive, write in explaining why you want them and ask for them free of charge.
:lol:
Justin..
06-02-2007, 00:57
:shock: Don't you keep your bank statements?
not 5 years worth on my personal account, no...
and yes, im fully aware you dont need to send them to the bank lol...but how the hell can i find what charges have been applied with no statements, and internet banking only goes back 6 months i think.
grrr...will ring them see what they charge for 5 years worth lol
not 5 years worth on my personal account, no...
and yes, im fully aware you dont need to send them to the bank lol...but how the hell can i find what charges have been applied with no statements, and internet banking only goes back 6 months i think.
grrr...will ring them see what they charge for 5 years worth lol
2nd'ed
vts_saxo
06-02-2007, 14:49
Cant believe the amount of people on this site that have had bank charges :!: , never had one in my life.
youve never lived!
or been to uni :lol:
lewis_willy2
06-02-2007, 17:37
i was a financial reck back in my teens. god i feel old only 20 now
but sent my letter off yesterday
if you havent got your statements do this
If one year's statements show £70 of charges then you can estimate the total amount of charges for 6 years will be: £70 x 6 = £420.00
If you have 5 months of statements and these show that you have accumulated £150 of charges in that time, then you can calculate that you have been charged on average £30 a month. (£150 divided by 5 = £30). There are 72 months in six years so 72 x £30 = £2,160.00 (if your account hasn't been open for the past six years then only multiply the average amount by the number of months the account has been open).
Fill in the necessary details in the template for the "estimated charges letter" in the box below and post it Recorded Delivery to your bank/lender's branch address.
Your bank/lender will almost certainly work out how many charges you have actually incurred in the past six years. It may contact you within 14 days to either make you an offer, in part or in full, or to state that it has refused to refund your money. DOWNLOAD THE LETTER
Bank 'estimated charges' letter [14KB]
Most computers will open this document automatically, but you may need Adobe Reader
Download the reader here
If the claim is small, banks/lenders tend to settle the claim quickly to reduce their legal and administrative costs, but each organisation reacts differently. If the claim is large, then it is more likely the bank/lender will do nothing until a claim is filed at court.
Check online with the Post Office to confirm the date that the lender received your letter and then allow 14 days from that date for it to respond.
If, after 14 days, you have received no response at all, or are unhappy with the bank/lender's response then the next stage is to file a claim at your local small claims court (see section titled 'File at Court' below). There is a fee to file a claim. If your bank pays up, this fee is refunded at the point of settlement.
The lender is then obliged to defend its case before the judge or else to pay the amount you are claiming against it. If it chooses not to defend itself, as well as paying the full amount of your claim, it will also refund your court fee. So far no bank/lender we are aware of has defended its penalty charges in court. (see section titled 'File at Court' below).
and send them this
http://news.bbc.co.uk/1/shared/bsp/hi/pdfs/12_12_06_bank_estimated.pdf
had the money credited to my account today! :D it took a month to get it from when i posted the original letter! :D
hmm ive been to uni :S
never got into my over draft and ran a valver lol :/
also i have all my bank statments since i was like 13 and got an account :S
Swervin_Mervin
07-02-2007, 12:51
I'm awaiting, today or tomorrow, HSBC registering a defence for my claim against them. :twisted:
I did this 2 weeks ago and after 6 working days from the 1st letter being sent, my account was credited with £881. Schweeeet!
have u lot sent the bank the "actual" statement. I dunno whether to photocopy the 1 i have now..?
or give them the proper official 1?
have u lot sent the bank the "actual" statement. I dunno whether to photocopy the 1 i have now..?
or give them the proper official 1?
I sent print outs (i internet bank) and I highlighted the charges for the last 12 months. then multiplied it by 6 and asked for that much!
Cheers Mate, ill get em Photocopied today I have rung the Charge which they Ow me.
did u all send 1st Class Recorded as well ??
did u all send 1st Class Recorded as well ??
yes, and i kept a copy of what i sent.
david932
15-02-2007, 19:07
i done this also, got offered 730 last week but refused it as it 's only half the amount :oops:
Got my money back, called into bank n spoke with the Manager he said he'd refund as a "good will gesture" £38 woohoo, not much but being a student it is to me :lol:
seanofnp
23-02-2007, 12:54
Ive sent my letter off asking for 1k, as they have taken 1.4k its generous on my behalf i felt. :twisted:
lewis_willy2
15-03-2007, 20:03
get in there. claimed £787 (included just over £100 of charges) and got offered £650!!! jus gonna put my letter in the post for acceptance
abbey national, capital one and natwest credit card to go next!!!
only sent 2 letters, well chuffed, jap turbo power will be soon :twisted:
lewis
Justin..
15-03-2007, 20:06
going to be sending my first letter tomoro , only £326 (Inc interest) worth of charges but money is money
david932
16-03-2007, 16:48
mines been in court now for 2 1/2 weeks if they don't prepare a defence by the 26 i win [-o<
cause it went to court it will go up from 1500 to nearly 2000.. if i win [-o< [-o<
Swervin_Mervin
16-03-2007, 23:33
get in there. claimed £787 (included just over £100 of charges) and got offered £650!!! jus gonna put my letter in the post for acceptance
abbey national, capital one and natwest credit card to go next!!!
only sent 2 letters, well chuffed, jap turbo power will be soon :twisted:
lewis
Don't quit now! Claim the full amount. I just got my letter through from their solicitors saying they accept the terms of my acceptance letter. They'd stipulated that I'd have to agree to confidentiality but I sent a letter back saying I agree to not pursue the claim and accept the amount but no way will I agree to confidentiality.
I win! :twisted:
i got £739 back off hsbc, no problems at all
Im waiting for 6 years worth of statements to come throught the post :twisted:
seanofnp
19-03-2007, 19:35
Im hopeing to get £1400 back off HSBC within the next few weeks.
Clio_GTT
19-03-2007, 20:00
I'm just waiting for halifax to credit my account, said within 14 days i'll have £1056 :D F7R money ;)
Swervin_Mervin
20-03-2007, 00:02
Got my wonga today. 8)
Out of intrest, anyone claimed back from Barclays?
Clio_GTT
20-03-2007, 18:19
Out of intrest, anyone claimed back from Barclays?
i've claimed from barclaycard, they paid the difference from my amount and the OFTs recommended £12
Out of intrest, anyone claimed back from Barclays?
im with the woolwich (which is owned by barclays) and all the paperwork from them was barclays headed, and i got my dosh back.
Clio_GTT
23-03-2007, 18:20
I filed my claim in the county court, paid the fees and then got a snotty letter off alliance and leicester saying that they dispute the whole amount and would see me in court. Today what comes through the letter box - a cheque for the full amount :D
also included at the bottom was a lovely little note implying that they're gonna close my account :D, oh well stuff em
Ah bugger. They've refused my request to give me my money back! Something to do with the issue being with 'default' charges, and my charges are for dealing with my request to go over my agreed overdraft limit and are therefore not default charges because I haven't broken my agreement. Or something. Funny - can't ever remember actually requesting to go over my limit :roll:
Anyone else had this? I'm with Lloyds TBS...
mines just goin thru with tsb.............how long it take u to get the letter sayin that mate?
sent mine off 2 week ago tomoro.....got a letter saying they investigating it.....but that it will take 6-8 weeks.....worth filin the claim anyway?? or wait n see wot they say?
The letter confirming they had received my complaint was dated 21st March (though it will have got to me a little later than that) and then I got this letter today. So you should get yours any time now basically :)
Not sure what to do now :?
Clio_GTT
04-04-2007, 16:58
if there 14 days are up take them to court, its a piece of piss to file a claim, you can do it online and once you've done this they will take you seriously, A&L didn't want to pay back my charges, i filed a claim, they sent a letter saying that they would fight me in court then a few days later a cheque for the full amount comes through the door 8)
Justin..
04-04-2007, 16:59
Ah bugger. They've refused my request to give me my money back! Something to do with the issue being with 'default' charges, and my charges are for dealing with my request to go over my agreed overdraft limit and are therefore not default charges because I haven't broken my agreement. Or something. Funny - can't ever remember actually requesting to go over my limit :roll:
Anyone else had this? I'm with Lloyds TBS...
I had that but from Abbey, hough they have refunded £70 as a good will gesture..
No Goodwill love for me :(
Lets us know how you get on Jon...
AndyFielder
04-04-2007, 17:57
Barclays are waiting till the day after pay day to hand me my cash.. 21st... i wonder why... maby its because im skint at the moment, and they kknow i will be till then... basterds!
Swervin_Mervin
05-04-2007, 13:14
Matt, it will be a putt off/stalling tactic. Just carry on as you were. I had a load of guff from HSBC telling me that I'd agreed to the T&Cs in their agreement so they were acting legally.
I just ignored it and ploughed on. Try the following link for some top advice, that helped me through every stage.
http://www.consumeractiongroup.co.uk/forum/
Cheers Mike. Not sure what to do really - don't want to risk upsetting them and losing my account for the sake of £230. Hmmm...
Cheers Mike. Not sure what to do really - don't want to risk upsetting them and losing my account for the sake of £230. Hmmm...
Who do you bank with at the moment then mate? I wouldn't worry to much about losing your account, as I'm pretty sure you can probably be getting a better deal elsewhere.
Ahh Lloyd's... Not exactly the best bank on the high street...
Just convenience really mate. I've got another few accounts with them, and I use the online banking to transfer from one to the other all the time.
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