Sinn Féin - On Your Side

Excessive Bank charges need to be scrapped

3 September, 2009 - by Maeve McLaughlin



 

Sinn Féin Foyle   MLA Martina Anderson has said Banks and Building societies here need to scrap excessive charges for  their services. Her call comes after the Consumer Council revealed some of the bank charges for duplicate statements

 

Martina Anderson said

 

"Excessive charges are hitting struggling small businesses just as they impact badly on people on low incomes. With the move to benefits and pensions being paid through banks it is vital that bank charges are properly regulated and that banks are forced to stop charging people for basic services.

 

People in the north of Ireland already pay substantially more for our energy needs, insurance costs and general day-to-day necessities. It is unacceptable that customers are in some cases are having to pay up to £10.00 per page for duplicate statements.

 

"I would also like to commend the General Consumer Council for the work they have done on behalf of consumers in highlighting these unacceptable charges

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