Kiwibank has given an assurance to the High Court it won't discriminate against any of its customers who take part in a class-action style litigation over allegedly "unfair" penalty fees, according to a lawyer associated with the case.
The Fair Play on fees group, fronted by Auckland lawyer Andrew Hooker, have taken action against Kiwibank over penalty fees.
The locally-owned bank is the second to be targeted by the group, the first being ANZ.
The representative action alleges the default fees charged by the banks in situations such as unarranged overdrafts, bounced cheques and late over-limit credit card fees are "unenforceable penalties" and should be paid back to customers.
Lawyers for Kiwibank and the lead plaintiff in the case appeared in the High Court at Auckland this morning and asked Justice Joseph Williams to make a number of orders.