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Fraud refund plan could mean charges on bank transfers by January

Personal Finance (UK)

Fraud refund plan could mean charges on bank transfers by January

The Telegraph - By Sam Meadows

Consumers could have to pay for bank transfers from January under new plans to fund refunds for fraud victims, which have been tabled by the industry. Telegraph Money can disclose that a cross-industry group looking into the problem of bank transfer, or "authorised push payment", fraud has told the …

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