The Court of Cassation, with Joined Sections, with Sentence n. 21095/2004 has definitely sanctioned the illegitimacy of the banking anatocism practised by Credit Institutions.
This Sentence, the tip of the iceberg of a vitiated system, opens up the possibility to several account holders – and former account holders – to be able to recover amounts unfairly paid to the banks because not due.
 
During the last few months several sentences have been pronounced unfavourable to the banks, which allowed the companies not only to recover interests, maximum overdraft bank charges, expenses, etc..., but also a reaccrediting of the sums in excess paid out as advance tax deduction not due.
We suggest that you should read carefully the following chapters:
   
    CASE HISTORY -      in which we report the chronicle and epilogue of a case pleaded by this Law Firm, filed in 1996 by a Banking         Institute against a Company and the relevant guarantors.
 
    F.A.Q. – where we report explanations concerning the banking contracts.
 
For further information write to anatocismo