Bank Charge Bonanza!

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Article #24

#24

From: instinctsetfree
Date: Thu, 09 Nov 2006 09:27

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I recently "went over" my overdraft "limit" by a few pounds and Natwest
pounced on me with a charge of £28. This seems unbelievable to me. An
overdraft limit should be just that but the banks pay a few pounds out
of your acount when their is insuffient funds and then charge you £28!

I asked the bank if they could make my overdraft limit more of a limit
to prevent to prevent this happening in the future because to charge
£28 it must have been a great inconvenience to the bank, and the reply
was if someone tries to charge my account and there is not enough cash
there the bank takes £38 from me for me not having enough money to pay
the original person.

I am currently choosing a new bank based on bank charges and am looking
long term for an alternative to these high street thieves.

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From: "instinctsetfree@lycos.com" <instinctsetfree@lycos.com>
Newsgroups: uk.finance,nz.general,alt.uk.law,aus.consumers,can.consumers
Subject: Bank Charge Bonanza!
Date: 9 Nov 2006 01:27:36 -0800
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