Federal Court finds CBA overcharged $2.2 million in interest on business accounts Finance Eloise Keating 17 February 2021 CBA is facing penalties after the Federal Court found it charged business customers interest at more than double the rate they were advised.
Royal commission: CBA deliberately delayed telling small businesses about a “glitch” that caused thousands to be charged “double interest” Finance Eloise Keating 25 May 2018 The banking royal commission has heard how the Commonwealth Bank delayed reporting a “glitch” that caused thousands of small businesses to be overcharged interest on bank overdrafts.
