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Banks should cap overdraft fees, says regulator – BBC News

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    Banks should cap overdraft fees, says regulator – BBC News

    Banks should cap monthly unarranged overdraft fees and warn customers if they are about to go overdrawn, says the regulator. The Competition and Markets Authority says this and other measures could save bank customers £1bn over five years. The CMA’s study into personal and business banking says competition is weak…
    Read More -> Banks should cap overdraft fees, says regulator – BBC News


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