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Nationwide Reserve Limit (unauthorised overdraft)


Loobi
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I'm wondering if anyone would be able to offer me any advice.

 

I have a Flex account with Nationwide which I use for bits and pieces (an account that i've had since 1999)

 

Approximately 5/6 years ago I called Nationwide to remove the reserve limit that they put on my a/c without my knowledge.

 

This meant that if I went slightly over a 15 POUND unautharised overdraft charge would be applied to my account.

 

Apparently it's a 'buffer' incase you run into trouble and need it.

 

I asked for this to be removed as I don't use the a/c as a main a/c and only have limited funds in there.

 

They removed the reserve limit so I could not go a penny overdrawn

- meaning NO charges.

...GREAT.....

 

.until it started happening again by way of paid item charges.

 

They assured me this would never happen again but unbeknown to me it has.

 

 

Is this allowed?

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woulcn't think so

 

write and complain.

 

have a look at BCOBS

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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