“A class action suit filed against Australia and New Zealand Banking Group (ANZ), one of Australia's big four banks, is set to begin on Monday.
Some 38,000 customers have taken the bank to court over claims that it charged them "exorbitant fees".
These include 'dishonour' fees on bank accounts, as well as over- limit fees and late payment fees on credit cards.
A lawyer representing the customers estimated the total fees charged by ANZ to be around A$50m ($46m).”
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These include 'dishonour' fees on bank accounts, as well as over- limit fees and late payment fees on credit cards.
A lawyer representing the customers estimated the total fees charged by ANZ to be around A$50m ($46m).”
read more>>