Monday, Oct 27, 2008
Wasn't so long ago that this was supposed to have be a big deal for banks finances. D I T Ocean now!
BBC: Banks launch overdraft appeal
UK banks will appear in the High Court later to challenge a ruling that the Office of Fair Trading (OFT) can decide whether overdraft charges are unfair.
Seven banks and the Nationwide building society will argue that the consumer contract regulations do not give the OFT the necessary powers.
Posted by flintster1994 @ 10:18 PM (278 views) Add Comment
2 Comments
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1. whiteknight said...
Why are the banks in a High Court arguing about fees?
The market should take care of this.
Can i have a banking licence please?
2. landofconfusion said...
> Why are the banks in a High Court arguing about fees?
Perhaps it's because Barclays decided to charge me £30 for moving my own money (paid in cash) between their accounts?