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Legal News

: International and UK Law

OFT can rule on bank charges, say judges

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An end to hefty bank charges for unauthorised overdrafts moved closer yesterday with a Court of Appeal ruling that the Office of Fair Trading can decide if such charges are fair. But the decision that fees levied on personal current account customers can be regulated could also herald the end of free banking.

Full post as published by International and UK Law on February 26, 2009 (boomark / email).

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