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Commonwealth Bank to refund $7.6m in fees to thousands of customers

2015-10-19 05:44:51| Automakers - Topix.net

Commonwealth Bank of Australia will refund $7.6 million to thousands of customers who were slugged with unfair fees on one of the bank's products. According to a statement by the Australian Securities and Investments Commission, CBA has agreed to repay 8,400 customers after failing to properly administer the bank's AgriAdvantage Plus package over a number of years.

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