Newspaper article The Evening Standard (London, England)

Battle Begins on 'Rip-Off' Bank Charges

Newspaper article The Evening Standard (London, England)

Battle Begins on 'Rip-Off' Bank Charges

Article excerpt

A NEWLY qualified barrister today began his landmark court battle to put a High

Street bank on trial over "rip-off "overdraft charges.

Tom Brennan claims that NatWest charged him up to [pounds sterling]38 every time he went overdrawn as a law student costing him almost [pounds sterling]2,500 in total.

No judge has ever ruled on the legality of charges because the banks have settled all cases out of court.

But Mr Brennan, 30, from Blackheath, has resisted all offers from NatWest and is risking financial ruin in his bid to have its charges declared illegal.

Should be lose, he could be bankrupted and barred from working as a barrister.

If he wins, it could open the floodgates for tens of thousands of other aggrieved customers to sue their banks.

Mr Brennan, who is representing himself, i s demanding a full refund plus interest as well as aggravated and exemplary damages.

NatWest barrister Ben Pilling today told City of London county court the charges were fair. …

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