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How far bankers have gone with fees

Spurring receipts from fees levied to clients for daily operations has been bankers’ main objective in the past two years, as plummeting loan sales have pushed them to seek alternative income sources.

Radu Racu · 10 februarie 2011 · 1 min de citit

Spurring receipts from fees levied to clients for daily operations has been bankers’ main objective in the past two years, as plummeting loan sales have pushed them to seek alternative income sources.


Hence the situation where someone trying to deposit a small sum, of 3 or 5 RON, will find there is nothing left to withdraw from the bank.
Taxes for withdrawing cash at the banking desk go even as high as 6 RON per operation. The option of letting money “work” at the bank is no longer good, as account management is taxed by 1-3 RON. At the end of the year, clients may be happy if the bank closes their accounts for free, as they are short of available cash and have done no more operations, being considered inactive.
New fees have emerged in recent years, with cash operations mainly targeted. Now, no bank allows cash withdrawal at the desk without levying a fee, and some players have come to tax even cash depositing or the payment of bills at the desk.
Bankers account for the levy of taxes on operations carried out at the desk by the costs they imply. From operating the agency, to paying personnel and keeping cash in the cash register, all of these are reflected in the value of fees.

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