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Reference.org
French check processing fee controversy of 2010
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<p>In 2010, the French government's <i><a href="/facts/Autorit%25C3%25A9_de_la_concurrence/4uaDe8MH">Autorité de la concurrence</a></i> (the department in charge of regulating competition) fined eleven banks <a href="/facts/%25E2%2582%25AC/boK32Hs4">€</a>384.9 million for colluding to charge unjustified fees for <a href="/facts/Cheque/AmS09zUa">check</a> processing, especially for extra fees charged during the transition from paper check transfer to "Exchanges Check-Image" electronic transfer. </p><p>The banks were: </p> <ul><li><a href="/facts/Banque_de_France/PqQ8kxcr">Banque de France</a></li> <li><a href="/facts/BPCE/0Mz53PRu">BPCE</a></li> <li><a href="/facts/Banque_postale/ugw92EMj">Banque postale</a></li> <li><a href="/facts/BNP_Paribas/hSo99oYW">BNP Paribas</a></li> <li><a href="/facts/Conf%25C3%25A9d%25C3%25A9ration_Nationale_du_Cr%25C3%25A9dit_Mutuel/I1hJkAR2">Confédération Nationale du Crédit Mutuel</a></li> <li><a href="/facts/Cr%25C3%25A9dit_Agricole/laJHAzIE">Crédit Agricole</a></li> <li><a href="/facts/Cr%25C3%25A9dit_du_Nord/PTBVnuya">Crédit du Nord</a></li> <li><a href="/facts/Cr%25C3%25A9dit_Industriel_et_Commercial/Yv5DJb4m">Crédit Industriel et Commercial</a> (CIC)</li> <li><a href="/facts/HSBC/CJgXtKca">HSBC</a></li> <li><a href="/facts/LCL_S.A./dRnF3amR">LCL</a></li> <li><a href="/facts/Soci%25C3%25A9t%25C3%25A9_G%25C3%25A9n%25C3%25A9rale/sQpztLSE">Société Générale</a></li></ul>