The Consumer Affairs Division of the Ministry of Labour has received numerous reports and complaints from the general public with respect to the increases in some commercial banks’ services fees and charges.

These complaints range from the increases in fees to cash checks to the increases in credit card late payment charges.

Upon the invitation of the Minister of Labour, Dion Foulkes, the Clearing Banks Association and the Central Bank of The Bahamas have agreed to  meetings to discuss these issues next week (19th of October).   

The chairpersons and members of the three consumer protection agencies will also participate in the discussions along with members of the Tripartite Council. They include Philip Beneby of Consumer Protection Commission; Synida Dorsett of the Prices Commission and Pauline Curry of The Bahamas Bureau of Standards and Quality.