A STUDENT has been hit with a pounds 48 bank charge
for slipping into her overdraft - by a penny.
And despite the controversy surrounding bank charges
, the MoneyExpert.com survey showed that even those who have successfully claimed back a bank charge
were unable to confirm how much these were.
Most complaints were turned down bar bank charge
and credit card cases - 84 and 79 per cent were upheld.
The German parliament is to back a bank-restructuring bill that could also contain provisions for a new bank charge
"It's really important we speak out if we know something isn't fair - a penalty fine, a bank charge
or an extremely high bill.
Coincidentally Trading Standards has just warned people contacted by bank charge
reclaim firms: "Why pay for a service you can get for nothing?"
co.uk may look a little tedious at a glance, but the site for Bank Charge
Auditing and Recovery Ltd has its uses.
In a statement on Thursday, Senator Grace Poe, panel chair, warned that an increase in bank charge
is 'disadvantageous' to an estimated 4.1 million minimum-wage earners, who receive their salaries through ATM cards and withdraw from these machines at least twice a month.
Alpha Bank for example charges e1/43.50 for a copy of an account statement, Hellenic, Bank of Cyprus, and Ancoria Bank charge
e1/43.40, while RCB charges e1/44.
Yet reports of the death of bank charge
reclaiming are exaggerated.
Yet sadly, in 2009, the Supreme Court pulled the plug on mainstream bank charge
reclaiming due to a legal technicality that meant they "didn't have to be fair".