Exclusive to legal Beagles-Fresh NatWest Info--The Home of Nattie/Natweststaffmember

[Nattie]

Unarranged Borrowing Fee- Name Change

We are changing the name to "Maintenance Fee" with effect from August 10th 2007. NatWest website will be updated from 18th September 2007.



My guide will need to be changed AGAIN. Please natwest change the UNPAID name and I will have the full T Shirt and VIDEO

[Amethyst]

Well theres a certain example of disguising a penalty as a service charge if ever there was one.

[Nattie]

The answer is that the bank have been working for ages on doing this. Did you not know that CARD MISUSE which sounds big and scarey changed to Guaranteed Card Payment Fee(sounds like a service doesn;t it? So UNARRANGED BORROWING FEE(naughty negatively naughty) to Maintenance Charge(sounds like a service). To me, the OFT case has given banks carte blanche to change the names so that when you can claim they will have a strong argument for the service element.


SO UNPAID ITEMS??? Any clues for a softer name?

[Goldlady]

Overdraft prevention service

[Nattie]

nah this is unpaid so not paying a bill and still charging. Needs to be less UNPAID ITEM

[Goldlady]

But Nattie surely if you have the original statements they cannot suddenly change what they call the charges?

[Nattie]

They can if they state they are realigning our systems they can and will.

[veilside01702]

How about...'The Oft Legal Fund and subsequent appeal Fee'????
or
'Shareholders Bubbly Fee'.......lol
or even the......
'We Thought We would Put You In More Debt, Fee'

Any good Nattie???
Russ

[Nattie]

Not good enough, what about Payment Administration Fee?



We made 5.1 Billion squid profit.

[iancognito]

Have to be Non Payment Administration Fee wouldn't it?

How about Customer Retention Administration Payment

Or

Service Has Insufficient Tender

or even

Bank Overpayment Legal Lending Overdraft Charge Kamikaze Service

[Paule]

Credit Handling And Remittance General Enquiry

[Tempty]

Lol ....like it