An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

[Legal Beagles]

Many Lloyds TSB customers are being hit with charges of up £200 a month if they go into the red - while Muslims who use the bank are only being charged £15.

More...

[LuggerBugs]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

I think I'll ask for a Muslim type account. And scream "discrimination" if they don't give me one.

[natweststaffmember]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Muslim accounts are available to everyone.

[enaid]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Muslim accounts are available to everyone.

Now where did I put that bloody turban :tinysmile_twink_t2:

[natweststaffmember]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Now where did I put that bloody turban :tinysmile_twink_t2:

Get the Burka out enaid
------------------------------- merged -------------------------------
Lloyds TSB - Islamic Financial Services
THe above is the info.
------------------------------- merged -------------------------------
And charges: Lloyds TSB - Current account charges

[Amethyst]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Current account charges

Current account charges | Debit card and Cashpoint® charges | Other services | Overdraft charges | Youth and Service charges | Islamic accounts | Cash accounts



Islamic accounts

We ensure that all of our Islamic accounts comply with Shariah and we typically do not provide Planned Overdrafts to Islamic account holders. Where you do not have enough available funds to make a payment, we will not usually agree to provide an Unplanned Overdraft either and the returned item fee will apply.In some instances, where we do agree to cover that payment by giving you an Unplanned Overdraft you will incur a management fee for us providing and managing this (but you will not be charged interest). This monthly management fee will be £15 and will apply if you have or make use of an Unplanned Overdraft at any time during a monthly billing period.




See they CAN do it, why cant all accounts be like that

[natweststaffmember]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

How does reclaiming affect Muslims with reference to Shariah law?

Does anyone know if you did claim that whether it would be classed as a windfall?

[Amethyst]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Dunno but look

Islamic Bank of Britain is authorised and regulated by the Financial Services Authority

UNPAID FEE if you go overdrawn we will return unpaid your cheques standing orders and direct debits (maximum per account per day)£30

LETTERS SENT ADVISING YOU OF ANY MISMANAGEMENT
by you of your account - per communication £15

[natweststaffmember]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Is the Islamic Bank Of Britain one of the 28 firms part of the FSA Waiver on Bank Charges?

[Amethyst]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Not as I can see - http://www.fsa.gov.uk/pubs/waivers/details_disp.pdf

[enaid]

Re: An overdraft? That'll be £200 at Lloyds TSB (but only £15 if you're a Muslim)

Current account charges

Current account charges | Debit card and Cashpoint® charges | Other services | Overdraft charges | Youth and Service charges | Islamic accounts | Cash accounts



Islamic accounts

We ensure that all of our Islamic accounts comply with Shariah and we typically do not provide Planned Overdrafts to Islamic account holders. Where you do not have enough available funds to make a payment, we will not usually agree to provide an Unplanned Overdraft either and the returned item fee will apply.In some instances, where we do agree to cover that payment by giving you an Unplanned Overdraft you will incur a management fee for us providing and managing this (but you will not be charged interest). This monthly management fee will be £15 and will apply if you have or make use of an Unplanned Overdraft at any time during a monthly billing period.




See they CAN do it, why cant all accounts be like that

Well why don't we ask them and when they flirt back 'we don't pay interest' let us do a survey on how many people would forego the interest on a current account to have those charges instesd of the ones we have.