Re: Bank charge refunds on business accounts

On Thu, 28 Jun 2007 16:06:03 +0100, PeterW wrote:

My Bank, the Yorkshire have just told me that this regulation does not apply
to limited companies (which we are), so are they telling me porkies or not??
We have a meeting with them on Monday so I'd like to get my guns loaded for
them (or not).

Peter

It's obvious that they are simply trying to push their luck.

If the charges are unreasonable for private customers, there is nothing
that would make those same charges reasonable for business customers.
Unless, of course, Yorkshire Bank are arguing that they (are entitled to)
provide less favourable terms to their business customers - which seems
bizarre.

In any case, so far the banks have preferred to settle without testing the
principle in court. So the best advice is to continue to reclaim the
charges.
.