Banks face mass revolt as customers sue over 'illegal' charges
Tens of thousands of bank customers are preparing to sue the high street giants for the return of millions of pounds in "illegal" penalty charges.
The customers claim that penalty charges of up to £35 for slipping a few pence over an overdraft limit and £39 for a bounced cheque are in flagrant breach of the law.
Under consumer legislation passed seven years ago they are not allowed to charge "disproportionately" high sums and can only cover their costs.
DailyMail