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UK watchdog sets out concerns over high overdraft fees

By Sean Farrell

Date: Wednesday 31 Jan 2018

(ShareCast News) - The Financial Conduct Authority has warned banks and other lenders it is concerned about fees they charge customers for unauthorised overdrafts.
The regulator said charges for unauthorised overdrafts on current accounts were high, particularly when set against the small sums of money borrowed. It said it was prepared...

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