Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Australian watchdog to sue CBA over alleged incorrect access fees

The Australian Securities and Investments Commission on Thursday said it would start civil penalty proceedings against the Commonwealth Bank of Australia for alleged wrong monthly access fees charges.

The watchdog said the country's top lender incorrectly charged its customers A$11.5 million ($8.74 million) in monthly access fees.

(Reporting by Soumyajit Saha in Bengaluru; Editing by Vinay Dwivedi)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Server asks table if they have any allergies. One man’s response stuns her into silence—then it gets worse: ‘God forbid I do my job’
A server just had one of the most annoying and difficult encounters with a table she didn’t even ask for. That’s because a table vehemently refused her service despite sitting down in a full-service restaurant. 
The Mary Sue
The Mary Sue
Kylie Jenner shares the surprising date night activity she and Timothée Chalamet love
The reality star and Oscar-nominated actor have been dating for three years
The Independent UK
The Independent UK
Jimmy Kimmel on Pentagon splurging on doughnuts: ‘Is this My 600lb Defense Department?’
Late-night hosts discussed Trump’s mixed messaging on Iran, the Melania documentary and a ‘cult’ of Maga footwear
The Guardian - US
The Guardian - US
'How Are We Here': Candace Cameron Bure Recalls Accidentally Walking Into 'Demonic' S&M Party
Candace Cameron Bure says she and husband Valeri once walked into an underground S&M party by mistake, recalling the "dark" and shocking experience.
International Business Times UK
International Business Times UK
The Chevy Chase Doc Got A Lot Of Attention Due To That Viral Clip, But It's So Much More Than That
Hear me out...
Cinemablend
Cinemablend
Mickey Rourke Loses L.A. Home After Rejecting 'Humiliating' $100K GoFundMe Fundraiser
Mickey Rourke loses his Los Angeles home after rejecting a £80,000 ($100K) GoFundMe fundraiser meant to cover back rent.
International Business Times UK
International Business Times UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play