Are You Aware Of Misselling Package Bank Accounts?

What Is A Bank Account With A Monthly Fee?

A Bank Account With A Monthly Fee Normally Referred to As PBA Or Package Bank Account And These Accounts Are Set Up With Additional Facilities Through A Current Account.
Around Ten Million Peoples Have Paid Monthly Fee Of Upto £25 for using bank accounts and it covers all manners of extras, including cashback deals or Life Insurance, Mobile Insurance, Travel Insurance Or Car Brokedown Cover



How Was My RBS Was Mis-sold?

Your RBS Might Be Missold To You Because Sometimes Opening Or Upgrading An Account Wasn't Handled Correctly. Just Like - Not All Customers Owned A Car Or Mobile Phone. So When They Were Advised To Have An Account With Mobile Phone Insurance Or Car Brokedown Cover, So They Were Getting Something Which They Couldn't Use.
Even Some Customers Has Never Owned A Passport Or Driving License And The Entire Time They Didn't Use The Benefits Which Is Coming With Their Accounts But Were Paying Monthly Fee For A Long Time


What Can I Do About It?

The Good News Is That Banks Like Halifax, NatWest, Royal Bank Of Scotland, Bank Of Scotland And Others Have Refunded Millions To Referred Customers For Their Mis-selling PBA. This Suggests That Banks Are Accepting That They Were Wrong And They Did Mis-selling PBA Before. If You Think Your Reward Platinum Account Or Reward Silver Account Or Any Other Package Bank Accounts You Have Was Mis-sold To You Then You Can Directly Deal By Yourself. You Can Lodge A Complaint Against Them Or Even You Can Hire A Claiming Company To Pursue Your Claim.



How To Reclaim Unfair Bank Charges?

If You Have Paid Unfair Bank Charges Then There Are Ways To Reclaim It. First Of All, You Can Start By Talking Directly To Your Bank. If That Doesn't Work You'll Be Able To Get Help From A Claiming Company Or FOS (Financial Ombudsman Services)


Is It Worth Trying Reclaim Unfair Bank Charges?

Yes, it's Worth Trying Reclaim The Unfair Monthly Charges. It Takes A Bit Of Effort. Remember That -
⚫ Bank Won't Cost You Anything To Check Whether Your PBA Was Mis-sold Or Not
⚫ Your Bank Won't Penalise You
⚫ You Won't Be Treated Differently For Complaining.


Is My Reward Platinum Account Or Reward Silver Account Missold?

If You Have A Reward Platinum Account Or Reward Silver Account With RBS. There Is A Reasonable Chance That It Might Be Missold To You. Some Reasons Are ---
1. If You Didn't Ask For This Account And Bank Recommended This Account To You.
2. If You Were Asking For Loans/CC/OD/Mortgage And They Ask You That You Can Only Take Those Credits If You Take This Account 
3. If You Ask Bank For A Better Loan Or Overdraft Rate And They Suggest You Get Those Benefits You Have To Take The Account
4. If This Account Was Upgraded Without Your Knowledge Or You're Willing


What If My Claim Is Rejected?

Unfortunately, If Your Claim Is Rejected, You Still Option To Pass Your Case To FOS, Receipt Of The Conclusion Letter From Ombudsman, You Have A Period Of Six Months, Within This Time You Have To Submit A Further Claim To The Bank. Any Claims Submitted After 6 Months Will Not Be Considered.




How Long Does It Take To Get A Missold PBA Refund?

If You Were Missold A PBA, You Could Be Get A Compensation For That But There Are No Such Time Given, But On Initial Basis, Within 6-8 Weeks Bank Will Get In Touch With You For The Initial Concern. If Bank Will Not Give You Any Update Within 6-8 Weeks This Complaint Can Be Referred To The Financial Ombudsman Services


What Are The Time Limit On PBA Refund Charges?

At Present, PBA Claims Are Time Free Limit, So Right Now There's No Deadline By Which You Need To Submit Your Complaint To Bank.




How Much Compensation Can I Expect If My PBA Mis-sold?

If Your PBA Was Mis-sold To You Then The Good News Is Banks Are Refunding Now And You'll Be Getting Full Refund Of All Monies Paid Plus 8% Interest p.a.



Will Complaining About My PBA Affect My Relationship With The Bank?

No, Complaining About Your PBA Won't Affect Your Relationship With The Bank Because These Monthly Charges Were Unfair To Their Customers And Complaining About Your Unfair Charges Will Not Affect Your Relationship.
It Is Bank's Duty To Behave Fairly With Their Customers And Complaining About Anything Won't Let Them Behave Different With Their Customers

Popular posts from this blog

Did Your Bank Refund Your PBA Charges

What is a Packaged Bank Account? A Packaged Bank Account is where the customers have been always charged a monthly fee for having an account, which provides a bundle of extra benefits such as Car Brokedown Cover, Travel Insurance and Mobile Phone Insurance. It has been found that these extra benefits which customers are getting not always seems suitable for them. Even some customers have been found that they don't even know that they had taken such accounts Because they never use the benefits of not being informed or explained about benefits. How Do I Know If I Have A Package Bank Account? The simplest way to find whether your account is a package bank account or not is by looking into your bank statement, if you have been paying a monthly fee for your account then it might be a package bank account. So if in doubt over a charge you can clarify it with your bank Names Of NatWest Package Bank Accounts? There Are Some Names Of NatWest Packaged Bank Accounts. The Banks Had Some Sorts ...
Read more

World Famous Astrologer | Famous Muslim Astrologer | Vashikaran Specialist | Molvi Saiful Azman Ji | +91 9878723653

Our Famous Muslim Astrologer Famous Muslim Astrologer Molvi Saiful Azman Ji Is Highly Experienced Molvi Who Has The Guaranteed Successful Results For Your Love Problem Solution, Job & Career Problem Solution, Children And Business Problem Solution, Marriage Specialist And Divorce Problem Solution. Call - +91 9878723653 Website - https://www.blackmagicexpertmolvi.com /
Read more
Black Magic Is Known As A Supernatural Force, Which Is Done For Fulfilling Your Own Benefits Or Needs. But Supernatural Powers Have Different Meanings In Different Sectors, Like Some Peoples Thinks It's Waste Of Time And Some Believe Alot. But Actually Black Magic Is A Scientific Process And Some Tantra Mantra Which Solve Others Problems. It Is Such A Technique Which Require An Specialist To Perform. If You Want Lost Love Back, Attract Someone Else And Solve Family Problems, Professional Problems. Black Magic Specialist Can Destroy Anyone's Life Or Career By Just One Mistake. You Need To Get Someone Who Has Years Of Experience, Knowledge And Good Clients Review. So You Can Judge And Understand That He Is The Best Black Magic Specialist. For Becoming Free Black Magic Specialist In India, It Needed Years Of Experience And Knowledge To Become Renowned Expert. If You Are Struggling With Any Problem In Your Life And Want An Astrologer Who Can Help You. So Just Relax, Ou...
Read more