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NZ Bank Victims

ANZ accused of setting 'excessive' exception fees by 'diktat' in bank fees court documents

Gareth Vaughan   interest.co.nz    July 30, 2013

The group suing ANZ over "excessive" fees on behalf of some of the bank's customers has listed four causes of action in its statement of claim, arguing "exception" fees  in contracts were set by ANZ "diktat", and that publicly available information suggests the cost of such fees to banks is substantially less than the actual fees charged.

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