Bank charges.

[Deep Sea Isopod]

Bwankers!!

[youtube]http://www.youtube.com/watch?v=mg2CCN7u ... r_embedded[/youtube]

[Rum]

The Wankers won. Bastards.

[devogue]

Bastard wankers.

[maiforpeace]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

[devogue]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

You have learnt the wrong lesson.

The lesson you should have learnt was give nothing to charity and spend the three dollars on porn.

[Deep Sea Isopod]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

[Rum]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

I am not defending them..far from it..but if you agree an overdraft limit it can be free. I have one (and never use it) but if I overdraw up to a certain limit they won't charge me. These charges refer to unauthorised overdrafts as I understand it. The 'fines' are just to damned high.

[maiforpeace]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

I learned that lesson long ago, back in the olden days when overdraft fees were $20 bucks a pop.

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

I am not defending them..far from it..but if you agree an overdraft limit it can be free. I have one (and never use it) but if I overdraw up to a certain limit they won't charge me. These charges refer to unauthorised overdrafts as I understand it. The 'fines' are just to damned high.

Banks in the US offer overdraft protection too, but all it means is that they will pay a check that is submitted to them on your behalf if you don't have enough money in your account. They will still charge you the overdraft fee, and as DSI indicates even for being overdrawn only $2. The only time they won't charge you those fees if you have overdraft protection is if you have a premium account that has a minimum balance. Otherwise, without overdraft protection it will get sent back to checkholder as NSF who will charge a fee so now you will get charged fees on both ends instead of just the bank.

When I took over as guardian of my sister, and thereby her banking, I was appalled at what they charged her for overdraft fees. She was constantly overdrawing her account (she has Alzheimer's and was clueless) and because she had automatic annuity deposits made in her account they let her overdraw her account over and over again, even when she went into the bank to withdraw directly from the teller. (since half the time she forgot her pin #) For the past six months before I took over her banking her overdraft fees were almost 25% of her automatic deposits.

Luckily I made a huge stink about this and got the attorney representing us in her guardianship case involved who suggested that the bank was financially abusing a disabled person. As a result I was able to get a large part of those charges reversed.

[Deep Sea Isopod]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

I am not defending them..far from it..but if you agree an overdraft limit it can be free. I have one (and never use it) but if I overdraw up to a certain limit they won't charge me. These charges refer to unauthorised overdrafts as I understand it. The 'fines' are just to damned high.

That's exactly it.
Example:
I had £38 left in my account. I knew a £50 bill was due. They rejected me an overdraft "untill Friday"
So, the £50 pound bill gets rejected, and I am fined £35 for a rejected bill. They then send a letter and fine me £10 for the honour. This puts me £7 overdrawn. They then take another £35 for being overdrawn. (so far, I'm £42 O/D. Had they just payed the bill, I would be £12 O/D)
Then, at the end of the month, they fine me another £35 for using an unauthorised facilty.
So they fined me a total of £115 and didn't pay the £50 bill, which would've only put me £12 O/D.

When I was unemployed, I had a lot of this. It was often a choice between food, or a bill.
Still, I claimed back £1440 from HSBC long before all the claims were frozen.

[devogue]

An old but relevant post of mine...

In April of 2008, before the credit crunch, I was in a horrific financial situation.

I owed someone £30,000 and it was about to jump across tax years. If I didn't pay him back it looked like I would be liable for a 40% tax bill on the £30k. I had 4 days to act.

In desperation, I phoned my bank (Northern Bank), where Mrs Dev and I have banked for 40 years between us, and asked if they could help us.

I was put through to our usually very affable customer services adviser, who asked me who our mortgage was with. When I informed her that it was with Alliance and Leicester she put on the most sanctimonious, patronising voice imaginable and told me she would not be helping by saying:

"Well, this is what happens when people don't take their mortgages with us."

I went absolutely apeshit, informing her about the high level of equity in our property, and even telling her that the person I was lending from was happy to lend the money back on April 6th - he just needed a bit of paper to say he had been paid back within the tax year.

I also mentioned all the charges etc. they had levied on us over the years, and the fact we had never been overdrawn, but she refused to even look at our case or consider it, saying "Some people really do have to learn the hard way Mr Devogue".

What could I do? I don't mind admitting I cried.

But things got better for me.

A cheque from my father sorted out my predicament, and I retook the loan as explained before.

Then I had my aortic valve replaced in May, and received the guts of £150,000 from a critical illness insurance pay out.

Cue this conversation:

Northern Bank: Hello

Me: I'd like to speak to Cunterella Bitchfuck, please (name changed to protect identity)

Northern Bank: : Hello, Cunterella Bitchfuck speaking.

Me: How do I go about shutting my account?

Northern Bank: What's your account number?......[silence].....one moment, please.

Me: What's the exact balance in my current account?

Northern Bank: £148,976

Me: Okay. What's the best way to get that out before shutting my account?

Northern Bank: Why do you want to shut your account?

Me: You don't remember?

Northern Bank: If you are referring to our conversation earlier this year, Mr Devogue, circumstances were very different...

Me: Yes, they were. I needed help, and you wouldn't help me. Now I have lots of money and I don't want it anywhere near you. What is the best way to shut my account?

Northern Bank: Have you really thought this through? - I could take you through our investm-

Me: This is what happens when people are rude to me. Some people really do have to learn the hard way, Ms. Bitchfuck...

This exquisitely delicious conversation went on for another few minutes - I couldn't believe how she was prostrating herself to try and get me to stay, but then I heard later from a wee birdy that account closures from customers with "high net worth" had to be fully explained by customer services advisers, and that even those wonderful phone call recordings for "training purposes" are used as evidence.

I got a bankers draft for £145k and deposited it three doors down in the Bank Of Ireland. The rest followed as soon as my DD's and Standing Orders were transferred.

Olympian schadenfreude of the highest level.

[Rum]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

I am not defending them..far from it..but if you agree an overdraft limit it can be free. I have one (and never use it) but if I overdraw up to a certain limit they won't charge me. These charges refer to unauthorised overdrafts as I understand it. The 'fines' are just to damned high.

That's exactly it.
Example:
I had £38 left in my account. I knew a £50 bill was due. They rejected me an overdraft "untill Friday"
So, the £50 pound bill gets rejected, and I am fined £35 for a rejected bill. They then send a letter and fine me £10 for the honour. This puts me £7 overdrawn. They then take another £35 for being overdrawn. (so far, I'm £42 O/D. Had they just payed the bill, I would be £12 O/D)
Then, at the end of the month, they fine me another £35 for using an unauthorised facilty.
So they fined me a total of £115 and didn't pay the £50 bill, which would've only put me £12 O/D.

When I was unemployed, I had a lot of this. It was often a choice between food, or a bill.
Still, I claimed back £1440 from HSBC long before all the claims were frozen.

The thing is - the shitty thing - is that banks make literally billions (I think it was something like 1.8 billion last year) from this sort of activity. It is exploitation and it stinks big time - simple as that.

[AshtonBlack]

Yes it fucking is. But don't you know? Greed is good. (Even with a "socialist" government.)

[Deep Sea Isopod]

I just got charged three dollars by my bank for a credit card payment I made to a British (overseas) charity. This experience has taught me that I should use Paypal whenever possible for overseas transactions.

Just wait till your bank TAKES (without asking or warning) $50 from you, for being $2 in the red

I am not defending them..far from it..but if you agree an overdraft limit it can be free. I have one (and never use it) but if I overdraw up to a certain limit they won't charge me. These charges refer to unauthorised overdrafts as I understand it. The 'fines' are just to damned high.

That's exactly it.
Example:
I had £38 left in my account. I knew a £50 bill was due. They rejected me an overdraft "untill Friday"
So, the £50 pound bill gets rejected, and I am fined £35 for a rejected bill. They then send a letter and fine me £10 for the honour. This puts me £7 overdrawn. They then take another £35 for being overdrawn. (so far, I'm £42 O/D. Had they just payed the bill, I would be £12 O/D)
Then, at the end of the month, they fine me another £35 for using an unauthorised facilty.
So they fined me a total of £115 and didn't pay the £50 bill, which would've only put me £12 O/D.

When I was unemployed, I had a lot of this. It was often a choice between food, or a bill.
Still, I claimed back £1440 from HSBC long before all the claims were frozen.

The thing is - the shitty thing - is that banks make literally billions (I think it was something like 1.8 billion last year) from this sort of activity. It is exploitation and it stinks big time - simple as that.

Yup. It stinks of big bonuses.

[AshtonBlack]

.... and huge dividends "to keep the share price up, old boy, but nevermind if we crash again, the tax payer will bail us out again. Cheers!"