Barclays debanked our tennis club - £120 compensation isn't enough: CRANE ON THE CASE

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 90%

United Kingdom Headlines News

United Kingdom Latest News,United Kingdom Headlines

The 41-day account closure led to missed direct debit payments, late payments of bills which incurred fees and one large payment made twice in error. All in all, we're out of pocket by nearly £600.

Security checks and change of address led to club's bank account being closed. Treasurer is unhappy with the £120 redress offered by the bank. Had a problem with a company? Email:I'm a keen lawn tennis player and the treasurer of my local club. In summer 2023, the club was contacted by Barclays as it said we needed to go through some 'know your customer' security checks.

Ruled out: This tennis club saw its bank account closed by Barclays, and it took 41 days for it to be opened again leaving it with various problems CRANE ON THE CASE Our weekly column sees This is Money consumer expert Helen Crane tackle reader problems and shine the light on companies doing both good and bad.

The club held £62,000 with Barclays, part in a current account and part in savings. The money mostly comes from members' dues and is used to pay for the maintenance of the courts and club house, as well as utility bills. Called out: P.H was not happy with the call centre staff he spoke to at Barclays, and is asking for additional compensation

This offer worried you as, like many club and charity accounts, the mandate has joint signatories to guard against mis-management of funds. This means money shouldn't be allowed to be taken out unless you, and the club's president, approve it. I pushed Barclays on its offer and it has now agreed to pay you a £500 redress payment, plus £445 in compensatory interest for the period the account was closed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Boots shoppers can save over £80 on No7 skincare setThe set is worth £120
Source: EchoWhatsOn - 🏆 74. / 59 Read more »

Foreo’s viral UFO LED face mask has been slashed by £120 in Amazon beauty saleForeo’s LED face mask has become something of a viral sensation, with shoppers saying it leaves their skin with a ‘beautiful glow’ – and it’s now got £120 off over on Amazon
Source: new_magazine - 🏆 72. / 59 Read more »

Cat Deeley just wore & Other Stories' £120 lace blouse on This MorningCat Deeley’s This Morning wardrobe just keeps getting better and better, as she’s spotted in a £120 & Other Stories ruffled lace blouse that’s perfect for spring
Source: OK_Magazine - 🏆 12. / 84 Read more »

Antler’s Jet2-approved cabin case is reduced from £170 to £120 in spring saleAntler’s Clifton cabin case that’s the perfect size for Jet2 hand luggage comes in 12 different colours and has just been slashed by £50 in the brand’s spring sale
Source: OK_Magazine - 🏆 12. / 84 Read more »

'Phenomenal' Nespresso coffee machine now 60% off in Amazon's spring saleThis Nespresso coffee machine that is exclusive to Amazon is currently £120 off in the current spring sale.
Source: Daily_Record - 🏆 9. / 89 Read more »

The secret deal that saved the BarclaysWas the twin brothers' business empire built on an ancient fraud?
Source: TheEconomist - 🏆 6. / 92 Read more »