Bank backlash

Cicutti, Nic
August 2007
Money Marketing;8/16/2007, p31
The article reports on the results of a survey on the modes of fee charged by banks. It is noted that this survey explored the options for banks in case the test case between the British Office of Fair Trading and banks results in scrapping of overdraft charges. According to the survey, 40% of the respondents are in favor of retaining the current system, 8% of them favor monthly charges and only 1% want the charges to be fixed according to transactions.


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