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Unauthorised bank charges can be high.
There are instances when unauthorised bank borrowing can have criminal elements, but this is not one of them.
The demand for Yunus's removal as Grameen's managing director is the latest in a string of problems, including an apparently politically motivated defamation trial and accusations of an unauthorised bank transfer 15 years ago.
Resignation has followed resignation in recent months: Brendan Neiland, who was in charge of the Royal Academy Schools, stood down after it was discovered that he had opened an unauthorised bank account with £80,000 of transactions having been made.
Theirs is the cheapest option, he insisted, and rattled off figures to suggest that unauthorised bank loans cost customers a LOT of money (a basic £35 per withdrawal on occasion) to service and repay.
Wonga offers individuals short-term loans of up to £1,000, which are intended as an alternative to traditional lines of credit such as credit cards and personal loans, and as a means of avoiding unauthorised bank overdrafts.
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Much like Fight Club, the first rule of the City is that you do not talk about the City: especially at major banks, unauthorised contact with reporters or researchers is grounds for immediate dismissal.
If you have been charged unauthorised fees by your bank, you still have a good chance of getting your money back.
When the site was accessed by the unsuspecting victims, Onikoyi was able to gain unauthorised access to their bank accounts and extract large amounts of money.
That assertion has been proved right in the most embarrassing way, after allegedly unauthorised bets cost the bank a whopping $2.3 billion.Kweku Adoboli, a 31-year-old trader (pictured), has been arrested and charged with fraud.
However, with no such caps in the current account market, if that individual had borrowed the same amount via a high street bank's unauthorised overdraft, he or she would face a bill of £90 at NatWest and its parent, Royal Bank of Scotland.
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