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Is it ilegal for a bank to takecharges from your account? |
Is it ilegal for a bank to takecharges from your account? It's part of the arrangement you entered into when you opened your account with them. You might find this link useful http://www.bba.org.uk/bba/jsp/polopoly.j... No, not if it was in the terms and conditions when you opened your account. Not if they are in the fine print of your account papers. Not if its in their T&Cs which you agree to when you open your account I'm sure you signed something accepting this when you opened the account. Also, occasionally you will receive amendments in with your statement and if you don't read those you won't know what they can charge you for. Yes it is...at the moment. You can claim back the last 6 years of banks charges. Many have already, including me. Here's the link. They will give you step by step instructions. Do it quickly 'cos I know the banks are looking at how to address this now. My son has also just been successful in his claim. You will get letters telling you court dates etc. but don't be put off, they have paid up in every single case brought so far, usually just before the court date :) http://www.moneysavingexpert.com/cgi-bin... i think its legal |
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