With First Great Western you get a six week wait for a ticket refund.
I submitted a refund request for an unused ticket, purchased from First Great Western, for use on First Great Western's services, and returned to a First Great Western station. Incidentally, Swindon, the station nearest the office that deals with refunds.
That submission was made on the 13th October 2014 and only today was the refund credited to my bank account minus the ^10 Administration Fee. A fee that train companies are permitted to charge for processing refunds on unused tickets when the reason for non-use lies with the passenger.
I don't begrudge the fee, but if I'm paying it I don't feel a six week wait is justifiable for that ^10.
Also if there has to be a fee I feel it would be much better if it were a percentage of the ticket cost. That way, nearly everyone (I'd probably set a minimum fare of ^5) who decides not to use a ticket can get a proportion of their money back, whether their ticket cost ^5.50 or ^155.50. At the moment it's hardly worth bothering for a ticket under ^15. And I thought twice about submitting a ^19.80 ticket for refund. All the train operators and ticket retailers would need to do is together (i.e. through
ATOC» ) look at the average ticket price of refunds processed under National Rail Conditions of Carriage condition 26 (c),(d),(e) and set a percentage fee that covers the costs of processing with a similar income to that generated by the current ^10 flat fee. Perhaps even a scale of fees with decreasing percentage the higher the ticket cost. Something like:
20% of the ticket cost for ^5-^49
15% of the ticket cost for ^50-^99
10% of the ticket cost for ^100 and above, with a maximum fee ^20.
Workable? Fair?