Reclaiming bank charges, episode the third

Today we used Martin Lewis' statutory interest calculator to see how much interest on the charges adds up to. It added up to £500 - and a penny!

We're going to first ask the bank for the charges money plus interest and hope they make us an offer or better yet, simply stump up the readies. We've got our letter written and in its envelope, so it's off today and we should get an answer of some kind within 14 days.