Westpac reduces default fees

Westpac has announced that from 1 October 2009, it will reduce all its "exception" fees to $9. This includes account overdrawn fees, outward dishonour fees and credit card missed payment and over the limit fees. This will apply to both personal and business customers.

This will put further pressure on CUBS competitiveness and margins.

Print Friendly, PDF & Email

Your Compliance Support Plan

We understand you need a cost-effective way to keep up to date with regulatory changes. Talk to us about our fixed price plans.