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Kiwibank overcharged customers

Kiwibank has been ordered to pay hundreds of thousand of dollars in a civil penalty after overcharging customers a total of more than $1.1 million.

Business.Scoop » Kiwibank To Pay $812,500 Penalty For Making False And Misleading Representations To Customers

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Kiwibank ordered to pay $812,500 for overcharging customers

Kiwibank has been ordered to pay hundreds of thousand of dollars in a civil penalty after overcharging customers a total of more than $1.1m.

Kiwibank to pay $812,500 penalty for making false and misleading representations to customers - FMA

Kiwibank To Pay $812,500 Penalty For Making False And Misleading Representations To Customers

Kiwibank has been ordered to pay a $812,500 civil penalty at the High Court in Wellington for making false and/or misleading representations to some customers, following proceedings brought by the Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko. Kiwibank .