Zero Pindula

WhatsApp Message

*RBZ speaks on bank charges*

*Follow Pindula on WhatsApp for daily new updates*
https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?xf

Reserve Bank of Zimbabwe governor, Dr John Mangudya has said that they are looking at introducing new bank charges after a national outcry from depositors.

Bank charges were last revised in June when Dr Mangudya set the maximum real time gross settlement charge at $5 from $10 while automated teller machine charges did not change at $2,50. Electronic funds transfer presently cost a minimum fee of 33 cents and a maximum of $2,10, while a point of sale transaction of up to $10 attracts a charge of 10 cents, and transactions above $10 are charged 45 cents, a reduction from $2,50.

----------
itel A70 256GB
$99USD

WhatsApp: https://wa.me/+263715068543
Calls: 0772464000
----------

Mangudya said:

> Indeed we are working on reducing the bank charges to ensure that banking services are not punitive and that they promote financial inclusion.

More: Chronicle

_If you found this article useful_
*Please support Pindula by forwarding to friends and groups*