Technology Slice

Banks Making A Killing On Penalty Fees

Banks Making A Killing On Penalty Fees – Banks have been making huge profit margins of up to 14,000 per cent on controversial exception fees levied on a variety of basic transactions. Confidential data from two banks, obtained by Your Money, has revealed the true cost to the banks when customers are overdrawn or exceed [...]

Tags: banks, Confidential Data, Lawyers, Maurice Blackburn, Money, Penalty Fees, Profit Margins, Profits, Six Years, Slade, Variety
Posted in Money