Bank Charges Letter

Get Your Money Back

Many people are now sending a bank charges letter to reclaim the fees which have been deemed unlawful by the Office of Fair Trading. This is because they exceed the real costs to the bank for such things as bouncing cheques, going outside of overdraft limits, or having insufficient funds for payments or direct debits. In order to claim the money back, there are several things you can do; either enlist the help of a specialist company which will do all the work for you, or send a bank charges letter, requesting that the fees be reimbursed to you. The bank charges letter should include:

A request for the unlawful fees to be repaid to you
Your account number
The sum you are claiming back, the interest, and the total amount

If your bank charges letter gets no response or your bank refuses to pay, you can write again informing them that you intend to take the case to the small claims court. It can be easier to use an intermediary company, as they offer advice, legal representation and have agreements with the banks which can fast-track your case and also sometimes increase your chances of being reimbursed. We can put you in touch with Claims Financial, a company that specialises in reclaiming unfair bank charges, providing: