Foreign Exchange Fees at Citibank
June 2019: A federal judge granted the bank’s motion to compel arbitration and the case was stayed pending the outcome of arbitration. February 2019: A class-action lawsuit was filed against…
In February 2018, a class-action lawsuit was filed against Citibank for allegedly misleadingly marketing that the bank charges no more than $12 a month for basic checking account services without telling customers that there are circumstances – such as when the account does not have enough funds to pay the monthly checking account fee – where they may be charged more than $12 a month. (Lopez et al v. Citibank, N.A., Case No. 18-at-146, E.D. Cal.)
For more information about class-action lawsuits filed against banks and TINA.org’s coverage of them, click here.
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