NAB and Bankwest dump disloyalty fee.
Global Banking News - 12 March 2009(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
National Australia Bank (AX: NAB) (OTC: NABZY) and Bankwest, a unit of Commonwealth Bank of Australia (CBA) (ASX: CBA), have discarded their disloyalty fee for using rival ATMs.
NAB, which was the only major bank to levy a charge on its customers for using a 'foreign' ATM until today, has decided to shelve the AUD0.50 charge. According to a report by Herald Sun, Bankwest also decided to dump their fee following NAB's decision.
Westpac Banking Corporation (AX: WBC) and St George Bank (AX: SGB) have also stopped levying a AUD0.25 fee following complaints from enraged customers.
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|Publication:||Global Banking News (GBN)|
|Date:||Mar 12, 2009|
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