‘Darker purpose’: Big claim on $2.50 cash fee

News.com.au - 07/01
A major Australian bank’s controversial fee which is set to slug customers $2.50 for needing assistance to access their own cash is the result of a lack of regulation, experts say.

A major Australian bank’s controversial fee which is set to slug customers $2.50 for needing assistance to access their own cash is the result of a lack of regulation, experts say.

Under the Bendigo Bank fee structure, customers will be charged a $2.50 fee on over-the-counter cash withdrawals.

According to a statement made by the bank on November 1, customers will face “a staff-assisted service fee of $2.50...
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