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The Cost of Manual Intervention:


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Still harping on about the banks claim of manual intervention.

 

Some very quick calculations:

 

Approximately £3bn per annum is charged by the banks for unpaid items and unauthorised overdrafts.

 

If we take an average salary of £24k per annum. The banks need a total of about 125,000 dedicated personnel doing nothing except deciding whether or not to pay an item.

 

Nice work if you can get it!!!

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  • 12 years later...

This topic was closed on 03/07/19.

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- Consumer Action Group

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