MSE News: Bank charges reclaiming hits Australia with $5bn claim

Former_MSE_Guy · 26 May 2010 at 6:10PM

This is the discussion thread for the following MSE News Story:

"The action has echoes of the grassroots campaign in the UK to reclaim fees for exceeding your overdraft ..."

Read the full story:

Bank charges reclaiming hits Australia with $5bn claim

natweststaffmember · 26 May 2010 at 8:05PM

A few days ago that figure of claimants was said to be 85,000 including some of the people who work for banks. IMF is a claims management company who will be dealing with the case and there is a dedicated website for reclaiming(australia only btw).

The other consumer group worth a mention is CHOICE in Australia who have been at the forefront of getting this issue to public attention.