Thursday, April 18, 2024

Fight over bank fee


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More than a year after a legal fight began over a $5 bank fee, the matter is yet to be heard by the Fair Trading Commission (FTC).

And attorney Chester Sue is not letting up, no matter how paltry the amount is, insisting that if he does not get a hearing before the FTC soon, he will revert to his original plan to go to the High Court.

In May last year, the lawyer made known his intention to challenge Republic Bank over its charging of $5 as a maintenance fee. The customer of more than 30 years had maintained that the court would have to tell him he was wrong to not pay the money.

Yesterday, he said that in May 2018 when it first came to light through the Weekend Nation that he intended to take legal action, he received an invitation to take the matter before the FTC.

“Given the cumbersome High Court civil procedures and the tardiness of having matters dealt with there, I thought going before the Fair Trading Commission would have been less procedural and the matter would have been quickly disposed. Alas, I have been so wrong,” Sue said.

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