French check processing fee controversy of 2010
In 2010, the French government's Autorité de la concurrence fined eleven banks €384.9 million for colluding to charge unjustified fees for check processing, especially for extra fees charged during the transition from paper check transfer to "Exchanges Check-Image" electronic transfer.
The banks were:
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- BPCE
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- BNP Paribas
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- HSBC
- LCL
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