Costly bank mistakes

February 15, 2013, 6:18 pm Helen Wellings Today Tonight

A simple mistake made by your bank could cost you thousands of dollars on your mortgage or savings, and the problem is you may never know it.

Money

But now there's a new way to pick up bank mistakes and stop the errors for good.

Whether a big bank blunder or just simple accounting hiccups, research has from customers' bank statements has revealed more than 50 per cent have hidden errors.

The Bank of Queensland admitted recently it's overcharged 6,500 customers around $15 million due to an operational glitch.

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