Reclaiming My Bank Charges

Charges That You Can't Reclaim As Unfair Bank Charges

There are cetain charges that you can't reclaim as unfair. These include charges that you agreed before incurring them - as you are assumed to have agreed to them as being fair. This includes charges such as:
• loan arrangement fees
• interest
• charges going back more than 6 years
• early redemption fees
• money transfer fees

Also, certain building societies are exempt due to the fact that they do not offer current accounts. This includes Nationwide, Coventry, Leeds and Norwich & Peterborough.


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