Compliance Monitor

Esther Martin

Document

Extra fees for unarranged overdrafts to be banned

By Neasa MacErlean

Banks are set to lose the freedom to charge higher fees for unarranged overdrafts from December — part of a package of proposed regulatory changes described by the FCA as the “biggest intervention in the overdraft market for a generation”.

The rest of this document is only available to i-law.com online subscribers.

If you are already a subscriber, click Log In button.