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AAP
AAP
Politics
Derek Rose

NAB blasted for incorrect customer fees

NAB Federal Court National Australia Bank
The Federal Court has found NAB took advantage of its customers and acted in its own self interest. (Joel Carrett/AAP PHOTOS) (AAP)

Nearly 6,000 National Australia Bank customers were charged incorrect fees for several years even though the bank was aware of the problem, the Federal Court has found.

The Federal Court ruled that NAB engaged in "unconscionable conduct" over the periodic payment fees, following a lawsuit brought by the Australian Securities and Investments Commission.

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