Sean Poulter
Daily Mail
September 21, 2011
Holidaymakers are losing millions of pounds through complex stealth charges on the cost of buying foreign currency and using their cards overseas.
The ripoff warning comes from the official customer body, Consumer Focus, which has used its powers to trigger an Office of Fair Trading inquiry.
It complained that banks are taking advantage of hard-pressed families who are routinely paying too much in a sector where charges add up to £1billion a year.
There is no good reason why the charge for converting £500 to euros can vary from around £10 to more than £30, said Consumer Focus.
Leave a Reply
You must be logged in to post a comment.
Related posts:
A “TO DO” List for Every Patriot Between Now and the Election
Andrea Tantaros Wants Obama To Stay ‘THE HELL’ Away From Scalia’s Funeral… Here’s Why
Why is Human Rights Watch urging engagement with Israel's banks?
German Schoolchildren will Cook and Clean for âRefugeesâ as Part of Work Experience
The Best Mood Lighting for Every Purpose, From Stoner Hour to Sexy Time
Japanese Banks Are Planning to Launch J-Coin, a Digital Currency Meant to Kill Off Cash