As one of the many people who are in the stagnant queue for re-claiming bank charges, the BBC’s recent report that the Banks wish to appeal the court’s descision is another knock back in the turbulent world of my finances. HSBC, the bank known to many as the most moneygrabbing bank there is (although this could be debateable) owe me in the region of £1,400 worth of bank charges, and Hannah under £700 worth. That’s a lot of money. And of course, in the past 6 years, the banks have invested my £1,400 and probably made lots of money off that. Of course, it’s not just me – it’s everyone. According to that article, the banks make £3.5 billion a year from bank charges. Thats an insane amount of money.
At the end of the article, where it says “…the banks are likely to face criticism that they are simply stalling, contrary to their publicly stated desire to resolve the legal status of the charges as quickly as possible…” is spot on the mark. I’m getting annoyed with this, even though I’ve only been monitoring the situation for a couple of months.
A message to the banks (not that you’ll listen, you money-grabbing whores):
Give us our money back you bastards. Now.