General information
We have set out in our general Terms and Conditions under “Making Payments” a monthly maximum charge on unarranged overdraft charges for your current account.
The monthly cap on unarranged overdraft charges for your account is £15.50.
Each current account will set a monthly maximum charge for:
going overdrawn when you have not arranged an overdraft; or
going over/past your arranged overdraft limit (if you have one).
This cap covers any:
interest and fees for going over/past your arranged overdraft limit;
fees for each payment your bank allows despite lack of funds; and
fees for each payment your bank refuses due to lack of funds.
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