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The first part of the charges guide is about what the charge was actually for, followed by the amount that went out of the account. My basis for reference is 2001 which is when I am certain that the figures are correct. Please be aware that business charges may vary, albeit the name of the charge will not.
1) Unarranged Borrowing Fee or Maintenance Charge-- This is when you have an overdraft or not and you go over that. The bank charges through charging periods which last a month and the charge goes out at the end of the month.
2) Unpaid Item SO/Unpaid Item DD/Unpaid Item Chq/Unpaid Item Fee- this appears on the statement and is when there is not sufficient funds in the account the previous working day(mon to Friday) to cover either a cheque, a direct debit or standing order to cover the amount going out. The bank "bounces" or does not pay the item and you get charged for it.
3) Card Misuse or Guaranteed Card Payment Fee(gtee card pymt)--This is when an item is paid by switch and goes through the account when the account is over its agreed or unagreed overdraft.
4) Referral Fee/Paid Referral Fee-- This is when an item is, rather than bounced is paid which takes the account over an agreed or unagreed overdraft by more than £26. 3 charges maximum a month on that last one.
We have the main charges so what is the amounts i am looking for?
1) Unarranged Borrowing/Maintenance Charge
in 2001 it was £15 which then increased to £20 from September 2001 and by June 2005 it was £28 which is the current amount charged.*
2) Unpaid Item SO/Unpaid Item DD/Unpaid Item Chq Unpaid Items
In 2001 it was £30 which went up to £35 in September 2004 and then in October 2005 in went up to its current level of £38
3) Card Misuse or guaranteed Card Payment Fee-
In 2001 this was £20, by September 2004 it was £30 and then by December 2005 it was £35 which is the current level.
4) Referral Fees/Paid Referral Fee--
Referral Fees/Paid Referral Fees have always had a maximum number of 3 per month.
In 2001 it stood at £20 and as of September 2004 it was at £30
I want to thank Cetelco for his help on this project. The dates are slightly vague at areas but should act as a guide to what to look for and when they occurred.
1) Unarranged Borrowing Fee or Maintenance Charge-- This is when you have an overdraft or not and you go over that. The bank charges through charging periods which last a month and the charge goes out at the end of the month.
2) Unpaid Item SO/Unpaid Item DD/Unpaid Item Chq/Unpaid Item Fee- this appears on the statement and is when there is not sufficient funds in the account the previous working day(mon to Friday) to cover either a cheque, a direct debit or standing order to cover the amount going out. The bank "bounces" or does not pay the item and you get charged for it.
3) Card Misuse or Guaranteed Card Payment Fee(gtee card pymt)--This is when an item is paid by switch and goes through the account when the account is over its agreed or unagreed overdraft.
4) Referral Fee/Paid Referral Fee-- This is when an item is, rather than bounced is paid which takes the account over an agreed or unagreed overdraft by more than £26. 3 charges maximum a month on that last one.
We have the main charges so what is the amounts i am looking for?
1) Unarranged Borrowing/Maintenance Charge
in 2001 it was £15 which then increased to £20 from September 2001 and by June 2005 it was £28 which is the current amount charged.*
2) Unpaid Item SO/Unpaid Item DD/Unpaid Item Chq Unpaid Items
In 2001 it was £30 which went up to £35 in September 2004 and then in October 2005 in went up to its current level of £38
3) Card Misuse or guaranteed Card Payment Fee-
In 2001 this was £20, by September 2004 it was £30 and then by December 2005 it was £35 which is the current level.
4) Referral Fees/Paid Referral Fee--
Referral Fees/Paid Referral Fees have always had a maximum number of 3 per month.
In 2001 it stood at £20 and as of September 2004 it was at £30
- R21 and student/graduate Royalties have always been charges £10 if they exceed their overdraft facility.
I want to thank Cetelco for his help on this project. The dates are slightly vague at areas but should act as a guide to what to look for and when they occurred.
