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.
Regardless of the amount, Poe said in her resolution that an increase in bank charge
is "disadvantageous to an estimated 4.1 million minimum-wage earners who would need to carry the burden of these fees as many of them receive their salaries through ATM cards and withdraw from these machines at least twice a month."
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".