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Following the repeal of a regulation that capped overdraft fees, banks have reported a rise in revenue from these charges. The rule was scrapped in 2025, allowing banks to impose higher fees on customers who exceed their account balances.
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Following the repeal of a regulation that capped overdraft fees, banks have reported a rise in revenue from these charges. The rule was scrapped in 2025, allowing banks to impose higher fees on customers who exceed their account balances.
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