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BBCNEWS BBC News August 4, 2021 12:43:00

First direct bank is officially number one for overall service. but of the £388 million that was lost to the scams in 2020, less than 45% of it was returned to people. georgia got a partial refund from lloyds, which left her £300 in debt. i will be honest, i had a complete breakdown. i don t think it helped that the second gentleman i spoke to about the overdraft kept on telling me to calm down. and he told me that he d refuse to talk to me if i didn t stop crying. i just thought to myself, i m sorry, but i ve literally just lost all my money. how dare you tell me to calm down? lloyds told us they were very sorry the service ms pilgrim received fell short of the level she expected. after we contacted them, they refunded her a further £340 as a gesture of goodwill. mike didn t get a penny from nationwide of the near £11,000 he lost. ....

First Direct Bank , 88 Million , 388 Million , Im Sorry , Mike Didn T ,

BBCNEWS BBC News August 4, 2021 09:52:00

I know what to look out for, but i never knew that these scams are so prolific and easy to fall into. all of the big name banks are obligated to reimburse customers who have been deceived by app fraud under a voluntary new code. first direct bank is officially number one for overall service. but of the £388 million that was lost to the scams in 2020, less than 45% of it was returned to people. georgia got a partial refund from lloyds, which left her £300 in debt. i will be honest, i had a complete breakdown. i don t think it helped that the second gentleman i spoke to about the overdraft kept on telling me to calm down. and he told me that he d refuse to talk to me if i didn t stop crying. i just thought to myself, i m sorry, but i ve literally just lost all my money. how dare you tell me to calm down? lloyds told us they were very sorry ....

First Direct Bank , 88 Million , 388 Million , Im Sorry ,

Now is the Time to Finally Do Away With Overdraft Fees

Overdraft fees do the greatest amount of harm to the Americans who are least able to bear the costs, and the time to get rid of the threat these fees pose once and for all is long overdue. ....

United States , Capitol Hill , District Of Columbia , Carolyn Maloney , Ally Bank , Maxine Waters , Overdraft Fees ,

Merchants Call on Congress to Examine Swipe Fees

WASHINGTON Merchants are calling on Congress to add swipe fees to their examination of bank fees, according to a news release. ....

United States , Consumer Financial Protection Bureau , House Financial Services Committee , Merchants Payments Coalition , Consumer Financial Protection , Merchant Services , Payment Systems , Debit Cards , Interchange Fee ,

Citi To Eliminate Overdraft Fees, Returned Item Fees, And Overdraft Protection Fees

WASHINGTON (dpa-AFX) - Citi said it plans to eliminate overdraft fees, returned item fees, and overdraft protection fees by this Summer.'We are continuously looking for ways to utilize our industry-leading ....

United States , Gonzalo Luchetti , Low Balance Alerts ,