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Britain's banks make £2bn a year from overdraft charges, with complex fees plus interest rates averaging nearly 20%.
The flow of funds is complex – fees drive research, and fees from different subjects fund each other.
These bank failures reflect an old world, characterised by opaque products, complex fees and charges, and a general lack of regard for the customer.
They say they add value by helping borrowers find the best deal; their detractors say they add costs that have been hidden in complex fees.
It can take days to transfer money between accounts; that's understandable, since it's layered with so many complex fees, taxes, and regulations.
Similar(55)
Some 12,000 small businesses were forced into GRG but only 4,000 will automatically receive a refund of "complex" fee.
Judge Morrissey concluded that JPMorgan had breached its fiduciary duty in 2000 when it sold what are known as variable prepaid forward contracts to the trust, a complex fee-rich product that the judge determined was unsuitable for the trust.
One big change came in January, when Ebay altered its complex fee structure and said it was trying to encourage sellers to offer more items for sale, which in turn could attract more buyers.
A range of incentives for complex fee-for-service activities have been introduced from 2004 under the Enhanced Primary Care Program, including items for care planning for chronic disease management, team care arrangements, and comprehensive health assessments for vulnerable subpopulations.
However, in the latter system, the fee schedule is usually more complex and fees vary substantially according to criteria such as length of the consultation, purpose etc.
It is part of an eight-unit complex; annual fees are $4,400.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com