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Banks told to clean up their act over deceased estates

Rene van de Rijdt, Acting CEO at the Banking Code Compliance Committee (SBS).jpg

Rene van de Rijdt, Acting CEO at the Banking Code Compliance Committee Source: SBS News

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A new report into the handling of deceased estates has delivered a scathing review of many Australian banks. Six banks, including the Big Four, were all found to be charging fees after some customers had died.

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