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RBC fined $4.25 million over incorrect credit card statements | CBC News
Between 2001 and 2024, the FCAC says RBC failed to transfer credits from deactivated credit card accounts to customers' new ones. This resulted in incorrect monthly credit card statements.
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financialpost.com
RBC fined $4.25 million for making inaccurate credit card claims
RBC was fined $4.25 million by the FCAC for providing some customers credit card statements that contained inaccurate information. Read more
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thestar.com
RBC fined more than $4M for providing inaccurate credit card statements
OTTAWA - Canada's financial consumer watchdog says the Royal Bank of Canada was fined more than $4 million for providing inaccurate credit card statements to some customers.
