Commonwealth Bank to refund $68 million in excessive fees | 7NEWS
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Commonwealth Bank to refund $68 million in excessive fees | 7NEWS
Commonwealth Bank will refund $68 million in excessive fees charged to low-income customers and Centrelink recipients after pressure from ASIC. The bank's CEO initially refused to follow other institutions in making repayments last month but reversed the decision, with refunds scheduled for early next year. The $68 million represents a fraction ...
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