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Tuesday, September 20, 2011

BBC News - Currency exchange is too costly, says Consumer Focus

BBC News - Currency exchange is too costly, says Consumer Focus
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1 comment:

  1. RAYLOKESeptember 20, 2011 at 8:18 PM

    It has submitted a super-complaint to the Office of Fair Trading (OFT).

    But the banking industry said it was disappointed that Consumer Focus took such a step before talking to banks.

    Losses
    The watchdog's complaint claimed that converting £500 into euros could cost between £10 and £30, even though the service provided was essentially the same.

    It has also raised questions about charges when using credit or debit cards overseas.

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