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Banks still fleecing customers despite RBZ order to slash fees to 1%

7 years agoTue, 13 Dec 2016 11:04:23 GMT
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Banks still fleecing customers despite RBZ order to slash fees to 1%

The Reserve Bank of Zimbabwe ordered banks to slash their fees to 1 percent of the amount being withdrawn.  However, some banks are defying the RBZ directive and continue to levy high charges.

So far we have identified Barclays Bank, which  charged $10,05  for a withdrawal of $111.00.  In this case, the customer is supposed to have paid $1,10 in charges and was prejudiced of $8, 95.

Here is a statement from a Barclays Bank Customer:

More: Zimbabweans on Twitter

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