The Turkish Bank Association recently developed a new series of measures to help make banks in the country have more transparent commission and fee collection. According to Hurriyet Daily News the new measures commenced on September 1.
The initiative was created to help improve consumer rights by requiring banks to better inform and consult with customers.
We’d love to be your preferred source for news.
Please add us to your preferred sources list so our news, data and interviews show up in your feed. Thanks!
The TBA announced in a public statement, “When a bank is found guilty of violating the contract terms by the Turkish Banking Association, a fine will be imposed on it by the management board of the association without the need for legal process.”
Read the full story here.
Add as Preferred Source
