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HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers

December 02, 2019
Santander overdraft fees UK
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HSBC, Santander To Reimburse Overdraft Fees After Failing To Alert Customers

December 02, 2019
HSBC and Santander UK will refund the overdraft fees of more than 115,000 customers. The Competition and Markets Authority (CMA) reported that both banks failed to comply with new regulations that requires financial institutions to text customers when their accounts are close to running out of money so they can avoid being charged fees. As […]