Bank-charges on trial

Banks customers are awaiting the start of a High Court test-case which could bring a fundamental change to UK High Street banking.

The outcome may decide how much banks can charge millions of account-holders who go overdrawn without permission.

Several hundred thousand bank customers are estimated to have won more than half a billion pounds in refunds from their banks in 2007 after accusing them, often in local court proceedings, of imposing excessive overdraft-fees.

Via BBC