Bank Fees

Wells Fargo investigated for overcharging customers on foreign exchange fees

The Wall Street Journal recently exposed yet another way banks are bullying US small businesses in their article, Wells Fargo Bankers, Chasing Bonuses, Overcharged Hundreds of Clients.   Wells Fargo, one of the largest banks in the US, has been accused of overcharging customers for international wire transfers. Foreign exchange rates and transfer fees were allegedly inflated in an effort to maximize profit for the bank...

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