|
Business Banking Account Dispute or Bank Account Problem? UK Business Banking
solutions
from IBAS for businesses with banking disputes
and/or Corporate banking problems. IBAS provides unique advantages
and UK business bank or banking account help with any UK business banking dispute,
business problem with a bank or banking complaint
resolution.
Considerable debt relief and refunds of bank overcharging and bank error has been obtained for members from IBAS investigations of UK Business Banking Disputes in the last 14 years, which has provided members in excess of £21 million in refunds, write-offs and write-down of bank debt. Banking disputes normally start from errors or mistake. Often, these errors and mistakes are concealed. Some disputes occur when lenders decide to profiteer from 'captive' clients. Ex-bankers acknowledge the element of mistake but rarely agree to the profiteering scenario.
Unfortunately, our 14 years of investigation into business banking cases
has shown incidence of error in charging fees and bank interest in the
bank's favour to be higher in the UK than could be purely accidental.
From the many records seen by IBAS it is evident that overcharging of business bank accounts has occurred since at least 1985. Lenders excess interest from inflated debit balances compounds into a considerable sum over time and huge bank profits have been obtained from business banking overcharging over a period of 22 years. Banking mistakes and error also affect factoring, loans, mortgage agreements and deposit accounts. Business banking overdrafts and business banking loans remain the most publicized for errors and interest overcharging. But, any agreement which allows the lender to operate a form of flexible charging of credit or debit interest will produce considerable financial benefit for the lender if errors and mistakes are not corrected. The majority of errors and mistakes
identified by IBAS in business banking account investigations have been
biased in favour of the lender. Bank interest checking and
bank help in this specialized area are part of a broad range of services
available from IBAS, which
IBAS introduced an 'in house' bank auditing
service in the mid 1990's and has obtained considerable bank overcharge
refunds
whilst also negotiating debt and security issues
Complaints fail when those making the complaint do not understand the limitations that exist in the Ombudsman 'system'. Presentation, facts, evidence and knowledge are all equally important in establishing what could be a valid complaint.
IBAS Site Map lists all IBAS website information including news/news archive information and IBAS articles on banking and business issues.
|