The High Court has today ruled that unfair bank charges can now be assessed by the Office of Fair Trading to ascertain their fairness to customers.
This announcement made earlier today could see banking customers reclaim billions of pounds in unfair charges from the last 6 years.
Archive | February, 2009
Office of Fair Trading Win High Court Bank Charges Ruling
by admin on 26. Feb, 2009 in Bank Charges
FSA Waiver Blocks Bank Charge Reclaims
by admin on 14. Feb, 2009 in Bank Charges
The Consumer Action Group (CAG) have hit out at the Financial Services Authority (FSA) for keeping the bank charges waiver in place for Natwest customers who were penalised between 2001 and 2003. The Consumer Action Group now believes that these Natwest customers should now be able to reclaim their charges.
According to The Consumer Action Group [...]
Banking News
- Prime Minister Gordon Brown Speaks Out On Unfair Bank Charges
- RBS NatWest To Cut Bank Charges From October
- High Street Banks Plan Appeal Over Bank Charges Ruling
- Office of Fair Trading Win High Court Bank Charges Ruling
- FSA Waiver Blocks Bank Charge Reclaims
- RBS Plans To Refund Bank Charges
- Abbey Computer Glitch Charges Accounts
- Bank Charge Claimants Urged To Avoid Courts
- HSBC Could See Bank Charge Refunds Hit £303M