The Boston Globe

Business

Banks defer fees, late charges for storm-hit customers

Banks have temporarily waived a variety of fees and late charges for residents of states hit hard by Hurricane Sandy. It is an effort to ease pressure on customers to make bill payments when many remain without power.

The shelving of fees came as banks moved on Wednesday to reopen thousands of branches and ATMs that had been shut down due to storm damage, power outages, or inaccessibility after the blockbuster storm.

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