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National Australia Bank accused of wrongly charging fees to customers almost 200,000 times – NEWS.com.au

National Australia Bank accused of wrongly charging fees to customers almost 200,000 times

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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 when it was not contractually entitled to on at least 195,305 occasions between February 2015 and February 2019.
The fees totalled $365,454 and were charged to 4874 personal banking customers and…

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