Business Problems with banks, Bank Disputes on Charges?

Business Banking Problems, Business Banking mistakes and bank errors affect bank invoice factoring, invoice discounting, business bank overdrafts, bank loans and bank mortgages. Business Banking overdrafts and bank loans are most publicized for banking error and UK bank overcharging but any agreement using flexible interest calculations can produce bank mistakes and errors which in turn may then provide additional financial benefit for the bank from the resulting interest overcharging errors by the Bank.

Business Personal guarantees are not just 'pledges' or a 'formality' which the bank will never make a 'call on' - new terms with your bank may mean that the bank is very much in control. Before you 'give away' security to your bank, discuss your options confidentially with IBAS - once the bank has personal guarantees to back up business lending, your personal asset position is immediately at risk.

A 'Letter of Concern' from the bank should not be ignored. The bank may well be progressing your account to their recovery department immediately following the issue of their 'letter of concern'. The effect of  a bank 'recovery' action is to obtain immediate repayment of business overdraft, business loans and/or business mortgages with all the bank's further costs and interest (which can be considerable) loaded onto the existing debt - email IBAS for business assistance.

IBAS reclaim bank overcharging on UK Business Bank accounts, loans and mortgages and provide unique advantages for those seeking assistance with a business banking complaints or seeking to resolve any business banking problem or dispute with a UK Bank.

 IBAS experience has been gained from numerous case investigations and provides experienced business help and support covering all sectors and industries. Remarkable media coverage combined with our case investigation experience provides a strong negotiating position in order to obtain a business banking solution. We are not compromised by lenders or their agents when negotiating disputes or refunds. We challenge banks hard on their performance but we also have a professional relationship with them. We are also adversarial when it is required but we are always professional in what we do.

Banking disputes normally start from an error or mistake and these are often concealed. Some disputes occur when lenders profiteer from 'captive' clients. Ex-bankers acknowledge the element of mistake but rarely agree to the profiteering scenario.

A business member recently wrote regarding their NatWest dispute - "In response to our claim they twisted and turned, trying to justify their cock up and then claimed I had gained from the mistake. More money was taken from our current account than was agreed" - "Just to let you know that the NatWest have finally paid back the agreed funds - we have now received the compensation and the overpayment of interest. I would like to thank you and your staff for sorting out the appalling mess created by the NatWest Bank. They messed up and instead of just dealing with the issue turned it into a complex financial exercise, which took the efforts and time (ten months) of IBAS to sort it out " - "Once again thank you all" - MB

14 years investigating business banking accounts has shown incidence of error in charging fees and interest in the bank's favour is higher than could be purely accidental. The majority of errors and mistakes identified in our research and investigations have shown considerable bias in the lender's favour. IBAS are pleased that they were able to assist in bringing these matters 'into the open'.  The Cruickshank Report published the major banking issues they had investigated for all businesses to be aware.

IBAS offers unique specialist knowledge and experience gained from more than 14 years investigating thousands of banking cases. IBAS assistance protects businesses from many pitfalls which lead to failure.

IBAS offers practical Business Banking support and assistance in all business banking or small business banking areas but particularly where security is held by the bank. All documents are considered and evaluated in our investigations.

IBAS is able to communicate and negotiate at a high level within the industry.

IBAS investigates bank interest, charging methods and fees and reclaims overcharges on business bank accounts, loans and mortgages.

IBAS has saved it's members in excess of £21 million in refunds, write-offs and negotiated write-down of debt.

IBAS Site Map lists all IBAS website information including news/news archive information and IBAS articles on banking and business issues. email IBAS for business assistance

Independent Banking Advisory Service (IBAS) is a national, independent, non-profit, unique specialist banking customer membership organization, which has campaigned on UK Banking customer issues for more than 14 years, providing bank and banking assessment, analysis, bank comment and content for BBC TV News, ITV, Radio and national newspapers - keeping many serious banking issues 'alive'.