I'm going to make three predictions.
1. Few, if any, denizens of this board will know anything much about the ruling, least of all read it;
2. this will not stop them offering "advice" based largely on imagination; and
3. many will take this as an opportunity to complain about how badly they've been treated by the banks just because they've been living off their God-given right as freeborn Englishmen to live off bounced cheques for the past decade.
( Enzyme is powered by sunlight, Wed 25 Nov 2009, 9:51, 2 replies, latest was 16 years ago)

One of the reasons I never claimed back is I knew the rules and I fucked up
but if I can get free money from them I will as they are now charging me £12.50 a month for the privilege of having a bank account. Oh and no interest. So why bother having an account?
( Peej, Wed 25 Nov 2009, 9:55, Reply)

Why are you being charged? Is it a business account?

( Colonel Dracula Two manky hookers and a racist dwarf, Wed 25 Nov 2009, 10:04, Reply)

Nope, its halifax
and I shall be moving soon but its generally thought that all banks will start charging soon like Australian banks have been doing for a while now.
( Peej, Wed 25 Nov 2009, 10:37, Reply)

It's not generally thought at all
it's been mentioned by the banks as a scare tactic if they were to lose this case.
(Bazongaloid, Wed 25 Nov 2009, 10:38, Reply)

I'm all for charges
If you don't got it, don't spend it. The main issue was the amount they charged, and before Internet banking you wouldn't even know until you got three letters on your door mat saying you owe us £30 for going 2 squid O/D. Also, banks would often allow you to keep spending even when you are over drawn or over your O/D. Cunts.
(The Boy Monders I have ginger bits in my beard., Wed 25 Nov 2009, 10:00, Reply)

I hate to leap to the defence of the banks...
... but curbing spending is the responsibility of the overdrawn. The bank is a business, and its bosses have a legally enforceable responsibility to maximise profits. That means that they'll frequently be willing to lend to the overdrawn.

It's only a partial defence, though: I can't see how some of the charges reported are a realistic representation of the cost of administration.
( Enzyme is powered by sunlight, Wed 25 Nov 2009, 10:06, Reply)

Yep
I agree. Barclays have stung me in the past with three consecutive DAILY fees of £25 for going over drawn by a very paltry sum so there's £75 you need to make straight away. "get an over draft then... It will be cheaper" and sadly the rest is history. I'm much better now, some years later but I still essentially live half in my od. Frustrating.
(The Boy Monders I have ginger bits in my beard., Wed 25 Nov 2009, 10:48, Reply)