£47m in overdraft refunds to bank customers after CMA action
UK — Competition & Markets Authority (CMA) · 2020-05-28 · UK · verified record
Themes: Consumer protection · Online marketplaces · Online platforms · Search services
Ecosystems: UK Digital Markets (DMCCA)
In the last 2 years, the CMA has secured more than £47 million in refunds for customers whose banks failed to properly warn them about unarranged overdraft charges.
£47m in overdraft refunds to bank customers after CMA action In the last 2 years, the CMA has secured more than £47 million in refunds for customers whose banks failed to properly warn them about unarranged overdraft charges. The Competition and Markets Authority (CMA) has taken action against 5 of
Sign in to read this record in the app with full provenance, themes and related developments — free, 20 searches a day, no card needed.
Read in Vellum Search → Official source ↗Source content © UK — Competition & Markets Authority (CMA) — served per the publisher's reuse terms. Vellum metadata & summary © Vellum AI Group Ltd. Reuse & rights.