Reclaiming Bank Charges

Reclaim Unfair Bank Charges »

Since the OFT's announcement in April 2006 that banks have been unfairly charging customers, thousands of people have been looking at ways of reclaiming bank charges. The OFT branded banks as unfair and illegal, and estimated that each year, unlawful bank charges have totaled more than £300 million.

Find out more information on Reclaiming Bank Charges

Some people have been charged as much as £35 for going overdrawn, and with the OFT's announcement that this cannot be justified as the cost of sending a letter advising of an unauthorized overdraft behind them, are taking on the banks and reclaiming bank charges. But the hassle is too much for some people, so a number of companies have been set up to help people claim their money back.

Consumers are turning to these companies to:

Save them time and money – the company pledges to do everything on the customer's behalf on a no win- no fee basis.
Fast Track their case – Many of the companies have special agreements with the banks involved and can help keep the case out of court and settle it privately
Advise and represent them in legal terms – the firms represent their clients if their cases do go to the claims court and underwrite any necessary fees.

We can put you in touch with Claims Financial, a company that specialises in reclaiming unfair bank charges, providing: