A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photoagreed to pay $75 million to settle a lawsuit accusing the second-largest U.S. bank of extracting overdraft fees it didn't earn from customers with savings and checking accounts, court papers show.
Customers said Bank of America often charged multiple $35 fees for insufficient funds or overdrafts on a single transaction, sometimes reflecting the bank's repeated unsuccessful attempts to process it. The plaintiffs' lawyers said that as part of the settlement, Bank of America will stop imposing multiple fees on "retry" payments for at least five years, saving customers an estimated $5.3 million a month and $318 million overall.
Repeated overdrafts can result in account closures and leave some lower-income customers without access to banking services.
Israel does not comply with international law. What kind of a situation is this?
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ACrippleHasWalked 배교는 하나님에 대한 믿음을 버리는 것입니다.
Thier fees are ridiculous. I just had to close all my accounts.
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