Comments on: RBS-NatWest cut overdraft charges from 1st October

By: Konto ohne Schufa

Konto ohne Schufa — Sat, 12 Dec 2009 12:24:26 +0000

Interesting perspective on this and I was wondering about Rbs natwest cut overdraft charges from 1st october.
Thanks for tackling this case study.

By: Cashzilla

Cashzilla — Fri, 18 Sep 2009 10:05:39 +0000

Another problem is the fact that if RBS followed by other banks cut their overdraft charges, they will want to make up the shortfall somewhere else.

By: ShoutinginDigital

ShoutinginDigital — Mon, 14 Sep 2009 07:52:19 +0000

It’s interesting that RBS are doing this. Although there hasn’t been much activity since the house of Lords appeal in June, clearly the banks are starting to get nervous as to the outcome.

Naturally a more favourable result would be if RBS cut charges altogether, however this is unlikely to happen without a ruling from the OFT and more importantly it’s not like they can afford to anyway.