Why do banks charge for not paying out ?

Dicehunter

Dicehunter

Dicehunter

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So I accidentally purchased something on the wrong account and ended up cancelling moments later so no money came out of the account mainly because there wasn't enough in.

Now even though no money was taken out and as I don't have an overdraft so nothing comes out of Barclays pocket, I was still charged £30 for an attempted withdrawal.

Surely this can't be right can it ?
 
[FnG]magnolia;27014456 said:
Your terms and conditions, which you haven't read, would suggest otherwise.
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It's a shame you have to go through 30 pages of legal speak to find out about what your rights are with a bank account :(
 
Dicehunter said:
It's a shame you have to go through 30 pages of legal speak to find out about what your rights are with a bank account :(
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If you think bank T&Cs are bad, wait until you've seen what's in most T&Cs.... especially digital and things under copyright.

From Steam;

Valve hereby grants, and you accept, a limited, terminable, non-exclusive license and right to use the Software for your personal, non-commercial use (except where commercial use is expressly allowed herein or in the applicable Subscription Terms) in accordance with this Agreement, including the Subscription Terms. The Software is licensed, not sold. Your license confers no title or ownership in the Software.
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From iTunes;

You also agree that you will not use these products for any purposes prohibited by United States law, including, without limitation, the development, design, manufacture, or production of nuclear, missile, or chemical or biological weapons.
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Because you've got to protect yourself from future litigation were someone might have used the iTunes store to have developed nuclear, chemical and biological weapons...
 
OhEsEcks said:
If you think bank T&Cs are bad, wait until you've seen what's in most T&Cs.... especially digital and things under copyright.

From Steam;



From iTunes;



Because you've got to protect yourself from future litigation were someone might have used the iTunes store to have developed nuclear, chemical and biological weapons...
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Ok wow that's nuts XD
 
[FnG]magnolia;27014475 said:
Is it annoying to read stuff which is boring and is probably designed to be not in your favour? Sure. Is it useful to you on a personal level? Sure.
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Not very sympathetic to other human beings are you :p

Tell you what, You do my job which is a 6 day a week job, 12 hours a day and travel of 2 hours per day then see if you have the energy to go through 30 pages of legal speak and fully understand everything on a legal basis ;)

One of these days I will do that though, Hope they don't have any weird rules in there, If you close your account after midnight we can take both your kidneys lol :D
 
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You could spend an hour understanding the things which you've agreed to.

I don't care what your job is. I also work but I can read and know the importance of the words which precede my signature.

If you don't agree to a thing then don't sign a thing. If you want to moan about a thing which you didn't check then go and moan to CAB.
 
[FnG]magnolia;27014485 said:
You could spend an hour understanding the things which you've agreed to.

I don't care what your job is. I also work but I can read and know the importance of the words which precede my signature.

If you don't agree to a thing then don't sign a thing. If you want to moan about a thing which you didn't check then go and moan to CAB.
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Relax your batty or I'll set Bilbo on you :p

You do make a good point though, Guess I'll have to set aside a Sunday to go through stuff.
 
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Two seemingly different questions, they can because it's part of the T&C's, now the question is why?

Does it really cost £30?
 
Dicehunter said:
It's a shame you have to go through 30 pages of legal speak to find out about what your rights are with a bank account :(
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It is in a business's interest to obfuscate as much as it can what it is actually selling you, because at the end of the day they want to make money. In this case it is a bank, well they only exist to make money. They do not give a **** about you, your life, outside the remit of what they can put to use for making profit. It's a simple and easy way to make money. How many people do you actually think read the terms and conditions?
 
anticonscience said:
Two seemingly different questions, they can because it's part of the T&C's, now the question is why?

Does it really cost £30?
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This is a better question, to which the answer is well probably not but something in the region of. However the OP could demand to know why the charge is £30 and possibly challenge it, especially given the recent move about unfair charges.

Op if you are in "good standing" with your bank you could ask them to waive the fee this time.
 
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