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*Bank charges reduced to 1% of withdrawal amount, by RBZ directive* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?lv Bank charges have now been reduced to 1% for ATM withdrawals and 1.25% for over the counter withdrawals. The new bank charges were announced by the RBZ yesterday. This follows the circulation of messages on social media complaining of the high bank charges that saw some bank customers charged as much as $3 for withdrawing $50 0ver the counter. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- RBZ governor John Mangudya said in a statement yesterday: > In order to align cash withdrawal charges to amount withdrawn, a proportional pricing model has been adopted to replace the current fixed charges. The applicable charges for cash withdrawal is a maximum of 1 percent and 1.25 percent of amount withdrawn from an ATM and over — the counter, respectively as indicated below. More: The Herald itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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