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AAP
AAP
Business
Nyk Carnsew

ANZ named and shamed for charging dead clients

The ANZ bank charged fees to the accounts of dead customers. (Esther Linder/AAP PHOTOS)

ANZ has been sanctioned for charging fees to the estates of dead clients in what has been described as a serious breach by the industry's independent monitor.

The major bank was found to have failed to stop charging or refund fees charged to deceased estates after customers' deaths.

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