Barclays to reduce daily fees

Good news to all Barclays personal account holders.

In coming weeks Barclays will be reducing the maximum daily charges for paid or unpaid transactions that would take your account over your agreed limits.

Currently Barclays can charge up to £40 a day,(5 x transactions @£8 each) these are to be capped at £8 a day in the near future.

Hopefully this is as a result of the new switching regulations introduced in September which makes it easier for customers to move bank accounts.

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