Originally Posted by danson79
From Yahoo news:
"Members of the industry have also warned that losing the case is likely to lead to the end of free banking in the UK, with consumers instead having to pay a monthly fee or a fee for every transaction they carry out."
A charge per transaction?
This could see the return of 'jar under the bed' banking in the uk....
At least paying per transaction would be fair for everyone. At the moment, it is those who can least afford to pay punitive bank charges who are subsidising free banking for everyone else.