BOC to Change Its Fees and Commissions for Services to Divert More Business to Online Banking

15:58 - 23 Αυγούστου 2016

GoldNews

Bank of Cyprus, the island’s largest lender, has decided to change its fees and commissions for services for the first time since 2010 in an attempt to divert more business from traditional banking to online banking, Cyprus Mail reports.

The new fees and commissions which will become effective on October 17 are included in a 16-page catalogue sent to the bank’s customers earlier this month. “We will consider that you have accepted the revised catalogue unless you notify the bank before it becomes effective and notify the bank that you wish to terminate your accounts without any extra charge if your accounts are covered by the Law on Payment Services (Current Accounts, Saving Accounts, Cards and Alerts),” Bank of Cyprus told its customers in an accompanying letter.

BOC to Change Its Fees and Commissions for Services to Divert More Business to Online Banking

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