Banks put on notice over workers' overseas remittances

By Tess Ikonomou
Updated June 24 2024 - 4:55pm, first published 4:51pm
The big banks have been warned after a report found overseas transfer fees were confusing. (Joel Carrett/AAP PHOTOS)
The big banks have been warned after a report found overseas transfer fees were confusing. (Joel Carrett/AAP PHOTOS)

The government has put banks on notice they need to be clearer on fees involved in remitting money overseas, an assistant minister says, after a report showed transfer charges are confusing consumers.

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