Wednesday, July 16, 2008

OFT slams high street banks over 'complex' current accounts

By Paul Farrow Last Updated: 8:40am BST 16/07/2008

The Office of Fair Trading has attacked Britain's high street banks for generating more than £8bn a year from current accounts that are too complex and fail to offer customers transparency.
The OFT said that banks are raking in £8.3bn a year from complex current accounts which customers do not understand.

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/16/bcncurrent11.xml

No comments: