130,000 Metro Bank customers to get overdraft refunds - MSE News

Former_MSE_Naomi

130,000 Metro Bank customers will receive average payments of around £86, after the bank failed to warn them properly about unarranged overdraft charges...

Read the full story:

'130,000 Metro Bank customers to get overdraft refunds'

Click reply below to discuss. If you haven’t already, join the forum to reply.

eskbanker

I should think Metro Bank needed an unplanned £11.4m bill like a hole in the head given its financial troubles, although hard to sympathise with a self-inflicted injury like this, and if they (now) have a competent finance team they should have made an accounting provision right at the start of the process....

techno_geek

eskbanker said:

I should think Metro Bank needed an unplanned £11.4m bill like a hole in the head given its financial troubles, although hard to sympathise with a self-inflicted injury like this, and if they (now) have a competent finance team they should have made an accounting provision right at the start of the process....

They did make provision for this right at the start of the process...