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Bank Charges
Bank Charges Test Case Result Due This Thur 24 April. The result of the Office of Fair Trading and Banks' court case will be handed down on Thurs. This will answer whether it’s possible bank charges can be unlawful under unfair contractual terms rules. If they can, the OFT must then say whether they are unlawful, which it’s likely to do. The impact on bank charges. If that happens the door for bank charge reclaiming should be reopened, hopefully with an easy system so people can get their money back. Before the hold the banks had already paid out an estimated £1bn (over 4m free template letters have been downloaded from this site). All updates will be in the Bank Charges News article. Full reclaiming info and free templates in the Bank Charges guide.