Bank Charges Are Not Allowed If You Are On Certain Benefits
Posted: Thu Mar 24, 2016 5:23 am
Bank Charges Are Not Allowed If You Are On Certain Benefits
If you are on certain social security benefits the banks cannot make charges on your account.
This applies to those people on the following benefits:
Income Support
Tax Credits
Child Benefit
Job seekers allowance
Incapacity benefit
Disability living allowance
Attendance Allowance
CSA payments
Other DWP payments
Some of the above benefits may have changed due to a shake up in the way things are assessed but basically if you are on benefits this should apply to you.
If you have had any charges taken from your account you need to write to the bank that holds your account.
Tell them which benefit you are on and quote the act of Parliament - Section 187 of the Social Security Administration Act 1992 and Section 45 of the Tax Credits Act 2002 Chapter 21 part 1.
Tell them that they have acted unlawfully and you require a refund of all the charges taken from you.
You may need to get a letter from the Social Security offices and show the bank that you were receiving benefits when they took the charges.
Just remember to keep your bank statements otherwise you will have to pay to get them and you will probably not get that back because you are basically buying a service and its not a charge.
So if you make a late payment on a loan or an overdraft, the banks and building societies cannot charge you while you are on benefits.
Protect your rights and do not let the banks rob you - if you don't tell them you are on benefits they will not know!
Here is a link to the pdf - http://webarchive.nationalarchives.gov. ... a_1992.pdf
If you are on certain social security benefits the banks cannot make charges on your account.
This applies to those people on the following benefits:
Income Support
Tax Credits
Child Benefit
Job seekers allowance
Incapacity benefit
Disability living allowance
Attendance Allowance
CSA payments
Other DWP payments
Some of the above benefits may have changed due to a shake up in the way things are assessed but basically if you are on benefits this should apply to you.
If you have had any charges taken from your account you need to write to the bank that holds your account.
Tell them which benefit you are on and quote the act of Parliament - Section 187 of the Social Security Administration Act 1992 and Section 45 of the Tax Credits Act 2002 Chapter 21 part 1.
Tell them that they have acted unlawfully and you require a refund of all the charges taken from you.
You may need to get a letter from the Social Security offices and show the bank that you were receiving benefits when they took the charges.
Just remember to keep your bank statements otherwise you will have to pay to get them and you will probably not get that back because you are basically buying a service and its not a charge.
So if you make a late payment on a loan or an overdraft, the banks and building societies cannot charge you while you are on benefits.
Protect your rights and do not let the banks rob you - if you don't tell them you are on benefits they will not know!
Here is a link to the pdf - http://webarchive.nationalarchives.gov. ... a_1992.pdf