Banks win appeal to charge for unauthorised Overdrafts

This has been an interesting argument that has been going on. Whilst if the bank lost this appeal they would have charged the rest of us for the privilege of having a bank account or withdrawing our money etc. But if some one is going to go overdrawn by say £3 and they refused that direct debit but then charge the customer £35 for them to send a letter to say that they have refused a direct debit that certainly seems unfair.

I see that this can go back to the houses of Parliament, if the MP's want it to so let's watch this space.