HomeBusiness

Reserve Bank slashes bank charges - finally!

7 years agoSun, 11 Dec 2016 18:33:03 GMT
Share on FacebookShare on TwitterShare on LinkedIn
Reserve Bank slashes bank charges - finally!

The Reserve Bank of Zimbabwe (RBZ) has reportedly slashed bank charges.  This follows an outcry from depositors who felt that banks were fleecing them.  Withdrawal limits had been going down while the charges remained the same, or went up in a few cases.

The new charges are as follows:

1 percent of ATM withdrawal or

1.25 percent of Banking hall withdrawal

This means that a withdrawal of $100 will cost only $1 if drawn from an ATM and $1.25 if drawn from the banking hall.  The new charges will take effect from tomorrow (Monday) onwards.

Latest Tecno Pop 8 - now available in Pindula.

$94, Cash on Delivery in Harare & Bulawayo.

WhatsApp: 0783 450 793

[UPDATE]

 

More: ZBC NEWS

Tags

0 Comments

Leave a Comment


Generate a Whatsapp Message

Buy Phones on Credit.

More Deals
Feedback