Customers fed up with overcharging banks

Ibn Taimiyyah (1263–1328) described the horrible phenomenon of Capitalism

If the ruler cancels the use of a certain coin and mints another kind of money for the people, he will spoil the riches (amwal) which they possess, by decreasing their value as the old coins will now become merely a commodity. He will do injustice to them by depriving them of the higher values originally owned by them. Moreover, if the intrinsic value of coins are different it will become a source of profit for the wicked to collect the small (bad) coins and exchange them (for good money) and then they will take them to another country and shift the small (bad) money of that country (to this country). So (the value of) people's goods will be damaged.

Banks simply do not earn their money. They provide almost zero service. They do not assist you in the proper analysis of your annual expenditure on household bills which they could easily do. They do not help you to manage your money. Their statements are simply there for their benefit.

Bank cards if you lose them are a pain to get replaced in time and efficiently. What if you are abroad and your card(s) disappear? = You cease to be a human being unable to pay your way or bills. You become an instant beggar.

Please do fool me with adverts about 'helpful' banking. Get lost banks! your are an absolute nightmare to us customers.

It's almost laughable the situation we are in, being robbed in broad daylight and there isn't a thing we can do about it.

Lloydstsb have just charged me £35 for going 82 pence over my overdraft limit for 3 hours in the evening, ultimately it's my fault for giving them an excuse to steal from me, I'll have to better manage my finances so that I don't go over even by a few pence in future, I've had to borrow money from family to cover the charged amount so that they don't charge me on that also.

50 years ago half the population did not have bank accounts. We were paid in cash. Employers forced us to use banks to receive wages and salaries. It is they who should have to pay.

I experienced so much financial pain from the banks with being miss-sold products and misled about costs with them always coming out clean the only way I can describe it is unacceptable.

Such was what I went through I have decided to call the painful experience “Bankers Cramp”.

My bank charged me $10.00 for "excessive use of savings account. I feel that this is outrageous. I have lost my job, am living on unemployment and have to rely on the little savings that I have. Why am I being charged to use my own money? Why are the banks charging us more than ever, raising interest rates, etc. when people are hurting so much. This is cruel.

I agree with the last poster. This country has got itself into a mire of ridiculous difficulties.

But there may be help, but it's extremely long-winded

http://www.moneysavingexpert.com/reclaim/bank-charges#step2

http://www.moneysavingexpert.com/reclaim/bank-charges

People like MikeP should be shot. They are social heretics. Barclays bank have charged us 4 lots of £22 for zero service, and zero loan. It;s nothing but pure usury. Daylight robbery. The British banking system is a sick institution. It has found that it has lost trillions robbing the nation and people of its invested pension funds, and now it has to survive by postal highway robbery with threats.

The entire apparent debt we have with Barclays is artificial, made-up of their bogus charges.

There should be laws to stop this nasty little game they play.

But all the law makers are in the pockets of the Banks.

Sick Sick Country.

Dear MikeP,
I left a deliberate spelling error in my Last post.

Try to demonstrate to everyone how frightfully clever you are by spotting it.

Just as I thought, it has not raised his score on the stats board because it can only be raised if I posted from HIS PC not my own or anyone elses!

I would say "Liar, Liar, pants on fire" but I am far to mature to resort to that kind of thing.

It"s me, Noyoulistentome signing in as an experiment to test if it raises Mps score on the stats board.

Dear MikeP
It"s true what they say, If you have lost an arguement, all is not lost, you can always resort to name calling!

Adios.

Dear Idiot

"I deliberately made that spelling mistake to Highlight my point"
Oh yes of course. I believe you.

By the way why all the capitals?

"You have made over 800 comments to this site. I think you can now rest upon your Laurels"
I haven't, some ofthe silly ones were by other people signing in as me. You may have noticed that there is nothing to stop anyone from using any name they choose.

I don't have any laurels (or is it Laurels?) so why should I rest on them?

MikeP, I deliberately made that spelling mistake to Highlight my point.I also made a grammatical error that you did not spot.

To quote you, "I have a brain and I use it.I can"t(should have been cannot)see much point trying to debate anything with people(should have been persons)whose intellectual powers and ability to express themselves are as limited as some on this forum"

That is not analytical debate, it is, as I said before, evidence of a childish Yah-boo-sucks to you mentality.

Why must you be so Angry with People? Why this incessant need to tell people off? You have made over 800 comments to this site. I think you can now rest upon your Laurels and allow others to make the occasional gripe or comment without having to intervene in an Angry way.

" MikeP, the comment you have critisized 23-sep/0808 is one you could have very well have written yourself.
*Noyoulistentome 23-Sep-2009 09:51"

I don't think so, I have a brain and I use it. I can't see much point in trying to debate anything with people whose intellectual powers and ability to express themselves are as limited as some on this forum. If a person's grammar and spelling are so poor that it's difficult to understand what they are trying to say, then yes, I will ignore them.

By the way it's 'criticised', not 'critisized', just thought you might like to know, although in this case it doesn't detract from what you're trying to say.

MikeP, the comment you have critisized 23-sep/0808 is one you could have very well have written yourself.

It does seem that you constantly shift your positions and opinions in order to tell other people off.

Also when you cannot think of anything to come back with you always use the phrase"Your grammar and spelling is so poor, I will ignore you"

That is the ultimate yah-boo-sucks to you method of debating.

" Let me tell you with Barclays our agreed Overdraft Limit is £0.00 our "Personal Reserve Limit" is £0.00. "
*Britain - Rotten to the Core 22-Sep-2009 22:26

You went outside your limit and they charged you for doing so. And your problem with that is what precisely? When you contracted with the bank you signed an agreement in which the termsa and conditions were stated. If you didn't read it or understand it you should have asked for help.

Barclays Bank "Reserve Usage Charges" have to be the biggest con ever perpetrated by a Bank. I would recommend everyone closing their account with Barclays because of it if they have one. Its sheer usury.

They trick you into going over your overdraft limit even at cash machines. They then lump you with a 22 pound bill each time you do this.

You get tricked into thinking that you have enough in your account to withdraw. The fee is grossly out of proportion to the amount "borrowed".

Now imagine being vetted more rigourously when you want to transfer money, you want to give your girlfriend £2,000 towards her new car, or you want to send £500 to your son at University to help him out, the banks may well start heel dragging and compounding fees....and giving money to a non family member ie your girlfriend or a friend from work may well be taken as criminal activity of some sort.
Can I transfer £1000 please.....certainly sir, what is this sum intended for? ....I'm putting it into my other Bank account......."eh, No"....sorry excuse me mr Bank man?? ...did you read our terms and conditions by which you are legally bound....um, no I just signed it as it was 20 pages long....."Too bad"..this is coming now, currency will be a name (word) on a screen in front of a number, and thats all...£GB $US $AU $NZ you will walk into a shop and there will be a keypad terminal and receipt printer or a non contact card reader with no Till/Cash register/ cash box and that will be it, there will be charges from the shops and the Banks and card annual fees and you will have no say....the days of taking out a few thousand in cash and walking to your other bank along the road to pay it into your other account are going to be gone very soon, tips in restaurants, forget it......cash in hand , forget it, a gift for your grandchild, only with a large fee and a 5 page anti terrorism and anti money laundering fee, or forget it.

When you go into the Bank just now, you have to book 24 hours in advance to withdraw more than £3000 from a personal account, they then ask you "and what is this cash for, madam"...to which you answer "I'm buying a car" and this is noted....you start getting car insurance offers in the post and by the phone...if you refuse to answer or if you withdraw funds over a certain threshold in non traceable banknotes(around £9,000 presently) , they are obliged by law to tell the Government and tax authorities, and you may be contacted by them to explain "why all the cash ???" usually sitting in an interview room next to a tape recorder.
The Bank wants you to use Electronic transfer with a delay and of course a fee will apply....terms and conditions apply....etc,etc...also businesses recieving more than £5,000 in cash in a single payment are required to register with the government or they are not legally allowed to accept the cash, this only really affects estate agents and car sales Garages, when you pay the cash your name gets passed on to the authorities and you may be expected to explain the money, this they say is to prevent money laundering, fraud, drug dealers, general criminals....but if you have earned your money and paid your taxes, the fact that you have saved it under the bed is actually illegal and " why would you have that kind of cash anyway?, may I remind you that you are under caution and on cctv" the reasoning is that if you have that cash you would be "stupid" to keep it at home so you "must be hiding something" and therefore "we have entitlement under subsection blah blah of the blah blah act to confiscate these and all such other funds and assets of value under the proceeds of crime act" which actually comes into force the second you say the words "um, I saved it in my bedroom" (continued)