Banks have to honour claims on overseas credit card purchases

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Banks have to honour claims on overseas credit card purchases

5th November 2007, 02:10:AM

Britain's banks lost a three-year legal battle yesterday to exclude overseas purchases from credit card cover for defective goods. The House of Lords ruled that customers can seek compensation against a credit card issuer if they have a valid claim against a vendor for an overseas transaction.

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Tags: britain, business, compensation, credit, customers, house of lords, legal, purchases

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Banks have to honour claims on overseas credit card purchases

Banks have to honour claims on overseas credit card purchases

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