Disproportionate Penalty Level

[CrispDust]

I cannot find mention of this on any thread or FAQ.

When considering which punitive charges to claim back, what is considered a punitive charge i.e. the level of charge relative to the level of “transgression"?

 

For example, a £25 bounced direct debit, which attracts a £29 fee from the bank, is punitive. How about a £125 or a £525 transgression?

Or does the level of transgression not matter?

Thanks in anticipation of a reply.

[BankFodder]

I'm afraid that I don't get the impression at that you have read around very much.

Thhis question is dealt with several times.

 

The disproportionate nature of the charges is that it fails merely to reflect the actual expenses incurred by the bank as a result of the customer's transgression.

 

Please go and read the FAQs

[CrispDust]

Well, gentlemen, I have read the FAQ from top to bottom again (code 586GJKEE4) and cannot find anything that deals specifically with my question.

I apologise if the answer is obvious and I'm missing it.

For the meantime. I will take it the level of transgression is not a factor.

 

A damn good site, chaps.

[Seminole]

Reread Bankfodder's comment above. He answers your question precisely.

[CrispDust]

This topic was closed on 03/06/19.

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