Welcome to Claim Back Bank Charges

Welcome to our web site, a guide to claiming back the bank charges that your bank may have illegally imposed on your bank account. Many thousands of people have now reclaimed these bank charges in the UK and there is no reason why you should not too; claiming is easy and you can recover allot of money in doing so. You are allowed to claim back the unfair bank charges for the last 6 years and this can add up to allot of money.

Banks impose lots of unfair bank charges and it is a very good thing that people have started to claim them back, most are unfair overdraft fees and they also include bouncing cheque's and direct debits and some of these unfair charges can add up to thousands of pounds. The reason that these bank charges are so unfair and unlawful is that they do not match the bank's costs; if you go overdrawn it does not cost the bank anywhere near what it charges you and this is why it is so unfair, some of these bank charges are huge.

Claiming back these bank charges is unfortunately not an easy process, there are a couple of options open to you and the first is to do it yourself but this is a very complicated procedure and you do not want to get it wrong. Therefore the best bet is to use one of the professional services to reclaim your unfair bank charges and these services are often very cheap, the best thing is that you know that they will follow the correct procedure and have lots of experience and so you have a much better chance of reclaiming your unfair bank charges. Many of these companies also offer a no win no fee service and often with a very low service fee which makes it a very good choice when claiming back your bank charges.

For any one still wondering why the Office of Fair Trading is presently looking into the clearness and scope of bank charges, the reaction to a hugely questionable new charge at first Direct tells them everything they have to know. Four months back, the bank faced acres of hostile newsprint after claiming it would bill current account customers [pound]120 a year for the service unless they also held another First Direct product or paid in more than [pound]1,500 a month. Yesterday, the bank said only twenty thousand shoppers had closed their accounts since the new charge was introduced, only 1 in ten of the 195,000 or so it guesstimates are influenced by the charge. Yet their attempts have ceaselessly proved fruitless, regardless of the sad IRs many banks offer on their current accounts, not to say the bad service.

The Office of Fair Trading's inquiry, launched in May following mounting concern about probably illegal unapproved borrowing charges, is probing the amount to which purchasers understand the way in which their banks charge.

The watchdog's suspicion is that free banking may be pretty costly when you factor in borrowing charges, poor IRs and issues like the slow processing of checks.