ABN Amro and ING set aside almost 200 million euros extra to compensate customers who paid too much interest in the past. Financial complaints institute Kifid ruled that the banks had to compensate customers for the overpaid interest and reimburse the interest on the interest they missed out on, NOS reports. ABN Amro added another 120 million to its previous …
The Dutch Consumer’s Union reached an agreement with ABN AMRO to compensate clients who paid too much interest for their running credit from ABN AMRO, ALFAM and ICS. The interest rate for these accounts needs to move with the market rate, yet the interest rate at ABN AMRO did not fall when the market rate did. ABN AMRO will now …
