A business man from Norfolk has just made his bank pay £35,987.94 in unlawful charges.
He said a big thanks to stubsy for his Advice on reclaiming bank charges
Hee hee not really
His bank decided to send a cheque for £35,987.94 rather than face him in court, where the U.K Bank would have had to justify its unlawful fees.
The Norfolk businessman, had challenged his bank (NatWest) over £26,010 worth of unlawful charges he racked up between January 2001 and February 2003 - that is an of average of £250 a week in bank charges. The fees were mainly for cheques and direct debits that bounced. He also claimed £10,280 interest and £400 costs.
NatWest said it was settling the case only because its legal costs were becoming too big!!
Did you know UK banks have made £3.5 billion out of unlawful penalty charges.
