Reduced overdraft limit - ICB report?

Slanebuddy

Registered User
Messages
24
Hi

I sent a letter to the Ulster Bank asking them to reduce the overdraft limit on our bank account. They rang my husband saying that they had received the letter and that just to let us know that this will show up on our ICB report. I asked my husband did they mean this in a positive way (as in shouldn't it look good that we have reduced our overdraft limit but he didn't really know). We haven't used the overdraft facility since about 8 months or so and I like the peace of mind knowing that we have the facility. I just don't understand why they even mentioned the ICB report? Your comments would be appreciated.