RBS and Lloyds ATM move slammed

Martin Cloake
Customer using RBS cash machine
Customer using RBS cash machine

Two banks which have been bailed out with taxpayers' money have been asked to explain why they are charging customers to withdraw their own money from other banks' cash machines. Royal Bank of Scotland, which is 83% owned by the taxpayer, and Lloyds, which is 43% state-owned, are being asked to justify why they are levying fees on some of their most vulnerable customers by the Treasury Select Committee.