🚀 go-pugleaf

<instinctsetfree@lycos.com> wrote in message 
news:1163064456.854103.270890@e3g2000cwe.googlegroups.com...
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.

You shouldnt have been surprised with all the publicity in newspapers and tv 
programs about this issue.
There have ben countless reports also of people taking the banks to court 
because these fees are illegal anyway.
Next year there will be a ruling to force banks to reduce penalties in the 
same way credit card companies were forced to earlier this year from �25/�30 
down to �12.50 or so.
The bad news is that the banks as always will always have the last word and 
find another way to get money from customers.
Changing banks wont help you as they all do the same.
Check this out for various items about the subject: 
http://search.bbc.co.uk/cgi-bin/search/results.pl?scope=all&edition=d&q=bank+penalties&go=Search