Taxpayer-owned banks pressured to stop overdraft fees

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Taxpayer-owned banks pressured to stop overdraft fees

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01-22-2009, 12:30 PM

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Taxpayer-owned banks pressured to stop overdraft fees

Banks are under pressure to back down from their multi-million pound court appeal in favour of overdraft charges.The banks are currently appealing a High Court ruling from last April that allowed the Office of Fair Trading (OFT) to determine the fairness of bank charges.Some banks were known to charge customers up to £39 for exceeding [...]

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