IBAS - Independent Banking Advisory Service 


IBAS Testimonials




UK Business Banking Account Dispute




Director's Bank Personal Guarantee




IBAS Benefits




Frequent Questions




IBAS Site Map









Cruickshank IBAS and UK Business Bank Overcharging

Updated: 2nd December 2023


By 2002 Independent Banking Advisory Service had already obtained in excess of £21 million in refunds, write-offs and write-down of bank debt for Business Banking customers from our successful investigations of UK Business Banking Disputes


FInd out How you too can join the Survivors Club?


The Cruickshank Report - IBAS report to the Treasury evidenced business banking interest overcharging of UK Business Banking customer's accounts by all major banks prior to Cruickshank's Report (2000) - the IBAS report was sent onto Cruickshank's Review Team for their assistance.

IBAS UK bank and banking experts then provided the Cruickshank Banking Review investigation with specific bank charging and banking strategy information.

That information came from IBAS investigations and our internal research on banks and business banking accounts which were carried out by IBAS's internal UK business banking account audit team. IBAS has 30 years experience as UK Independent Business Banking Resolution Service.

IBAS assisted the Cruickshank review team to understanding how UK banks overcharged and also how UK Business bank overcharging was concealed by banks.

The Cruickshank Report identified UK bank overcharging on business bank accounts as being a major problem and confirmed that UK businesses were at risk from bank overcharging or had already been overcharged by their bank.


The Full Cruickshank Report brought  'into the open' a number of business banking issues for UK businesses and consumers. UK Business Banking disputes start with errors or mistakes which are often concealed by the bank. The majority of bank error and bank mistake identified by IBAS 'in-house' specialist business bank account interest audits and calculations in our business banking account investigations for UK Corporate and UK business banking accounts showed a heavy bias towards the bank's profits.


Profiteering by banks has been documented by BBC and others in highlighting 'specialist' banking units set up specifically to profit from business distress - but that behavior has been evident at IBAS for more than the last decade with little being done to prevent it as Regulators and Government turned a blind eye to suggestions that the UK Banking Industry was plundering Businesses and personal assets.


IBAS were able to recognize and calculate business bank account overcharging and have been able to prevent property repossessions and cases of bank asset stripping. Our auditing 'tools' and legal knowledge has also provided us the ability to create a defence and counterclaim for members which has enabled successful case resolution/s.


Banks Overcharging Customers Billions of Pounds


TM stated


This is a battle that we have won, which could quite easily have been lost had I not joined IBAS.

I would recommend them to absolutely everybody" - TM Testimonial


an email to IBAS for information will assist you to quickly obtain practical and confidential assistance



There are considerable cost benefits using IBAS for any business banking dispute.


see: Independent Banking Advisory Service - Frequent Questions


IBAS know how to obtain all information that is necessary from banks for defence and/or claim purposes and IBAS examine case papers with a specialist and experienced 'eye' which may then prevent very costly solicitor's charges or the requirement for a barrister in 95% of cases.


UK Banking Litigation Report



Back to Home Page



IBAS protects you from the bank's often hostile intentions and actions.


Banks produce documents they rely on for their legal claim on you - it's vital to know which documents they hide.




'I found IBAS to be Impressive & professional with no nonsense.

I followed IBAS strategy totally and the result was spectacular.

Thanks for putting my life back on track and saving me a bucket load of money - I cannot thank you enough.

I would now start with IBAS and ignore all the others who are 'selling' an imitation of these guys but without IBAS knowledge!


AT Testimonial




IBAS has featured on BBC TV, BBC TV News, ITV News, Meridian TV and Sky TV News since 1992 and contributed banking editorials and business banking articles for the Sunday Times, Times, Daily Mail, Daily Express, Telegraph and Daily Mirror.


BBC 1999 Testimonial for IBAS


Independent Banking Advisory Service (IBAS) - launched in 1992 as specialist UK Business Banking Dispute Resolution Experts assisting and advising UK Business Bank customers with UK business banking account overdraft, loan disputes and business banking debt disputes.