Foot-shooting Standard Bank introduces 1.2% fee for unutilised overdrafts
Having worked in the executive of a bank for a couple years I got used to hearing complaints about the business. Most were unjustified, but occasionally a client raised something indefensible. Judged on the view expressed here by Graeme Codrington, Standard Bank’s latest move – charging a fee on unutilized overdraft facilities – falls firmly … Read more