‘Banks aren’t perfect’: Judge tosses ASIC’s case against CBA over monthly account fees

ASIC 2022-11-29 4:50 pm By Sam Matthews | Melbourne

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ASIC has lost a case accusing the Commonwealth Bank of Australia of hitting customers with $55 million in unauthorised fees, with a judge finding that nearly 1 million customers charged the fees should have known that even banks “sometimes make mistakes”.

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