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Westpac of Thieves: The Case for Exterminating Bank Exception FeesWestpac of Thieves: The Case for Exterminating Bank Exception Fees
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Westpac of Thieves: The Case for Exterminating Bank Exception Fees
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Westpac of Thieves: The Case for Exterminating Bank Exception Fees | westpacofthieves.com Reviews
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Westpac of Thieves: The Case for Exterminating Bank Exception Fees
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Westpac of Thieves: The Case for Exterminating Bank Exception Fees
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124; Other Stuff. 124; Share this page. The Case for Exterminating Bank Exception Fees. This website is not owned by, or representative of the views of Westpac (NZ) Ltd, or any of its parent companies or subsidiaries, nor does it claim, in any way, to constitute legal advice. Exception fees are the hot topic in the banking industry right now. There's been partial success. In Australia with class-action cases in the Australian Federal Courts. Further action is pending there,. 7 The Obvious Alternative.
Westpac of Thieves: 8.Implications for Society - Where is this Taking Us?
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124; Other Stuff. 124; Share this page. 8 Implications for Society - Where is this Taking Us? I was once smugly informed by a Westpac representative that I could simply choose not to use the transaction services, such as Auto Payment (AP) and Direct Debit (DD) arrangements, that incur these exception fees. I agreed, and have practiced this advice since 2006. Here are two examples of the consequences of my choice:. First off, the CCC gym and pool and facilities have already been paid for by the rate payer...
Westpac of Thieves: 1.The Justification
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124; Other Stuff. 124; Share this page. I've heard many and varying excuses, including the recursive "it's standard banking practice", but the main legal justification bankers present, in regards to exception fees, are that they are recovering real costs. To quote from my correspondence with Westpac during June 2005: Ian Crichton, the Service Quality Manager wrote, "Undertaking this process incurs costs that the bank looks to recover through the charges.". As outlined in paragraph [1.4].
Westpac of Thieves: 3.The Lever
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124; Other Stuff. 124; Share this page. There are four important components that give the banks the almost infinite leverage required to continue their blatant thievery:. As outlined in paragraph [1.4], basically outdated, not taking account of modern electronic banking technologies. Unilaterally in favour of the bank, it changes often, and without reasonable notice. Otherwise known as 'Blank Cheque Contracts', they can only exist due to the strong market positions occupied by the banks. I could add a fi...
Westpac of Thieves: 1.The Case
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124; Other Stuff. 124; Share this page. Exception fees, otherwise known as 'honour fees' or 'dishonour fees', though they like to tell you otherwise, are triggered by the banks who charge them. They typically show up in Automatic Payment (AP's), Bill Payment (BP's) and Direct Debit (DD's) arrangements when there are insufficient funds in your account for the transaction to take place. For decades, our judiciary have backed up our banks leech-like behaviour, by failing to recognise the important changes e...
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Westpac of Thieves: The Case for Exterminating Bank Exception Fees
124; Other Stuff. 124; Share this page. The Case for Exterminating Bank Exception Fees. This website is not owned by, or representative of the views of Westpac (NZ) Ltd, or any of its parent companies or subsidiaries, nor does it claim, in any way, to constitute legal advice. Exception fees are the hot topic in the banking industry right now. There's been partial success. In Australia with class-action cases in the Australian Federal Courts. Further action is pending there,. 7 The Obvious Alternative.
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