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hubert
Apprentice
Joined: 06 Dec 2004
Posts: 22
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 Posted: 09/23/07 - 06:10 Post subject: |
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| Hi. Can anyone tell me how much banks actually make from bank charges annually? These charges are really getting out of control, the banks are simply robbing people of their hard-earned money I think. If anyone had any figure on how much they get from this, it would be a revelation to us all. |
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jacquette
Apprentice
Joined: 05 Sep 2006
Posts: 11
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| Posted: 10/11/07 - 00:04 Post subject: |
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| Certainly banks make billions of pounds each year from charges. Some activists claim these charges are illegal and many have already sued their banks successfully to get back these penalty charges. Research has shown that the 6 top high street banks picked up around four and a half billion pounds in charges last year accumulated from unauthorised overdrafts, bounced cheques and clearing direct debits. |
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