Banco de Galicia y Buenos Aires SA said it has been notified of a class-action lawsuit from Argentine consumer association ADUC relating to the bank's commission for interbranch fund withdrawals.
The class action is against the fees charged by Galicia for the withdrawal of funds at other branches, including cashing a check at the window of different branches where the check writer has an account.
According to ADUC, the practice is unlawful and should be stopped. The bank has also allegedly been overcharging for the conduct.
Galicia said it is analyzing the implications of the case, but an unfavorable result for the bank would not have a significant impact on its performance.
