5700 customers wrongly charged

One of the big four banks has been taken to court by the corporate watchdog, accused of wrongly – and knowingly – overcharging customers fees. The corporate watchdog is suing National Australia Bank for allegedly wrongly charging customers periodic payment fees almost 200,000 times over...

NAB sued for ‘wrongly charging fees’

The corporate watchdog is suing National Australia Bank for allegedly wrongly charging customers periodic payment fees almost 200,000 times over four years. The Australian Securities and Investments Commission said on Thursday it had begun proceedings in the Federal Court claiming the bank charged the fees...