Answers to Everyday Questions : I have 3 accounts with the same bank. Can the bank take a payment from an account if I haven’t authorised it ?

I have 3 accounts with the same bank. Can the bank take a payment from an account if I haven’t authorised it ?

8 Responses to “I have 3 accounts with the same bank. Can the bank take a payment from an account if I haven’t authorised it ?”

1. Dean L said :
   September 13th, 2010 at 9:44 pm

   Yes they can certainly do this and legally too, unless there is no money in then they wont take it and make you go overdrawn.
   hth
2. hannah C said :
   September 13th, 2010 at 10:37 pm

   no the direct debit would be set up for one of your acounts it would have nothing to do with the other accounts
3. Jasmine Peters At Home said :
   September 13th, 2010 at 10:40 pm

   Yes
4. Net Advisor said :
   September 13th, 2010 at 11:38 pm

   You better move that money out of that account fast.

   The bank can surely take it by legal means if in your bank agreement states such.

   Remember all that fine print no one ever reads when you opened the account, and get in the mail now and then?

   We’ll, if there is language in there that says to the effect that in the event of default they can debit your other accounts, and charge you a fee, then they can. They will also prob jack up your interest on that loan to a “default rate.” You’ll have to go back and read the fine print or open an account at another bank, withdraw cash and or write a check to that other account fast.

   You may also want to explore getting some immediate legal advice to deal with the bad loan.
5. Franco said :
   September 14th, 2010 at 12:14 am

   Yes, a bank can take what you owe them from any of your accounts with them. That is why it is better not to have all your a/c in the same bank.
6. *~Cam's Mommy ~* said :
   September 14th, 2010 at 12:28 am

   We were in a similar situation this past summer. My husband and I moved our money to another bank. We have no paper trail to link us to that bank. We are currently working towards closing the account where we owe the money. I don’t know if your situation is possible unless you signed a contract or a document saying that they could take the money. I know that my bank took money from our joint account to cover an overdraft on another account. Just change banks. It’s the first step. Then try to negotiate a payment procedure with your bank..AFTER you’ve moved your money.
7. redhairedmama75 said :
   September 14th, 2010 at 12:42 am

   Yes they can
8. [email protected] said :
   September 14th, 2010 at 1:11 am

   yes they can, and there isnt much you can do about it unless you draw it all out and close the account