NatWest Taken To Court Over Bank Charges

April 11th, 2007

The bank charge bandwagon continues to roll on, with a bank finally looking like it will be taken to court over its charges.

A London Barrister, Tom Brennan, is contesting the £2,500 worth of charges he racked up with NatWest whilst he was a student, and is hoping to be the first person to bring such proceedings against a bank.

Despite being offered his money back, and being offered even more than his £2,500, he has decided to take the case all the way to court. In most of these cases, the banks have been giving back the money, but have not been admitting that the charges were unlawful - many saying that the pay-back is a “gesture of goodwill”.

But the charges may now finally classed as unlawful, which may open the floodgates to even more claims for money back.

The case is due to be heard on Friday 13th April - who will it be unlucky for?

Categories: Banks

3 Comments on “NatWest Taken To Court Over Bank Charges”

Simple Pound » NatWest in Court over Bank Charges, April 11th, 2007 at 4:17 pm

[...] to MoneyWatch for making me aware of the news. [...]

Landmark Bank Charge Court Case Postponed / UK Personal finance blog and money information, tips and links / Money Watch, April 13th, 2007 at 11:05 pm

[...] the landmark court case brought against Natwest because of their charges has been postponed so that a full day can be set aside to hear the [...]

steve, September 26th, 2007 at 10:47 pm

I recently reclaimed over £1200 back from Abbey but now we are being made to wait to see the results of this ‘test case’ before I can tackle some of my other bank accounts and credit cards.
I have found a very good source of debt information.
Ways to save money

A very interesting read which has helped me to recover from serious debt in double quick time.
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