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FUD from banks


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When asked for a comment about charges, most banks seem to always respond with "our charges are in line with other banks".

 

So - if one company charges the same as all the other companies does that make it OK? Obviously not. The charges are simply unfair over the whole board - but I guess the banks can't say that! :)

 

Also, when the BBA commented upon the recent OFT statement they are attempting to spread Fear, Uncertainty and Doubt by hinting that this could be the "end of free banking". I take this to mean that the BBA are trying to blackmail bank customers, and it's just not acceptable. I think that if charges were funding free banking, it is unfair for all customers - meaning those of us who sometimes pay these fees are subsidising all other customers. How unfair is that.

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This topic was closed on 03/08/19.

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Please note that this topic has not had any new posts for the last 5438 days.

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