Banking Crisis: Change the law on bank charges

We need your help to persuade the Treasury Minister, Ian Pearson MP, to change the law so that overdraft charges can be assessed. This will help ensure a future where charges are clear, transparent and proportionate.

We have prepared a template letter to go to the Government. All you need to do is fill in the form below. The process is really simple and takes just a few moments!

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Dear Mr Pearson,

As one of the millions of people who have been hit by an unfair unauthorised overdraft charge by my bank, I was hugely disappointed by the Supreme Court’s judgement.

I believe unauthorised overdraft charges are completely disproportionate, and it seems outrageous that the Office of Fair Trading is unable to use the law to do anything about it.

I understand from Which? that it would be possible to change the law to ensure that this ridiculous situation does not carry on. I would urge you to amend the Financial Services Bill that you are taking through the House of Commons to ensure that the OFT is able to assess the level of unauthorised overdraft charges from now on. This will help ensure a future where charges are clear, transparent and proportionate.

The banks have enjoyed a huge amount of taxpayer support, and it is about time that they were made to charge consumers in a fair manner.

I look forward to hearing from you.

Yours sincerely,

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