2007-01-10 21:56:27 · 3 answers · asked by Anonymous in Business & Finance ➔ Other - Business & Finance
No. And I don't think they will. If they contest it in court the chances are that they will lose and that will set a legal precedent. The floodgates would open and everybody who has been charged would apply to have them refunded. That would cost the banks a vast percentage of their profits.
2007-01-10 22:03:06 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No - they have always backed down prior to a case going to court. It's cheaper for them to refund charges rather than the expense of going to court. Of course, they just recoup the lost money elsewhere - for example, by raising interest rates on overdrafts.
2007-01-11 06:03:17 · answer #2 · answered by Anonymous · 0⤊ 0⤋
no they can't. My boyfriend has just recieved £400 yesterday and his dad has got £1000.
2007-01-11 06:01:39 · answer #3 · answered by Jane 3 · 0⤊ 0⤋