Barclays business A/C - dormant Ltd company

[rockwell304]

Evening all, largely the same question as a number of other posters.

 

I have a dormant limited company with a Barclays business a/c. the account was in credit (around £100) and I received statements once every 6 months. Over the past 12 months statements arrive virtually every few weeks and guess what? the account is O/D by £850. Not bad considering there has never been a transaction? Barclays advise as the a/c is unused it will be closed end November. Can I reclaim? Or should I SAR them firstly to fully establish charges? Seems to be a grey area!

[rockwell304]

Does anyone know if business a/c charges can be reclaimed? There appears to be no definitive info on this.

[stalagtite]

One thing I do know is that as a Ltd company yo cannot SAR, you can however request deails as a Director, you may still be charged for this tho..

[rockwell304]

One thing I do know is that as a Ltd company yo cannot SAR, you can however request deails as a Director, you may still be charged for this tho..

 

Thanks, I sure they would charge for any info.

The dormant company has never traded and has no assets, issued shares £2. I'm not interested in keeping it as I use another company for my business, I could always tell them to take a hike!

[smouk]

A similar experience with HSBC led me to ask for a specific breakdown of the charges and a copy of any contract that I might at any point have signed that could justify or demonstrate any liability for those charges.

 

The silence was deafening until a big bundle of junk arrived with an accompanying letter which acknowledged that the documentation I sought was not usually retained.

 

Demand they justify it I would say.

[rockwell304]

Excellent, great idea! this will be my opening gambit.