The Bank entitiessometimes, we They charge for the services offered. There are several banks that are going to charge commissions this April, but there are several ways to avoid this payment. Entities may charge you for a variety of reasons, from manage a checking account or send you a card credit, exchange international currencies or make bank transfers. When it comes to getting rid of this additional expense, customers have several alternatives to avoid these charges.
In May there will be two financial entities that will charge commissions for maintenance: the Santander Bank and the online entity ING. He first will receive in May, as in all months, a commission that can amount to up to 20 euros for the maintenance of the Santander Account, in the case of not meeting all the requirements. The Santander Online Account, on the other hand, does not have any requirements, so customers of this option are exempt from paying said commission.
Besides, ING charges a monthly commission of 3 euros for your Payroll Accountna in the case of not meeting their requirements. Clients who have this financial product can close it and open a NoAccount Accountwhich despite having fewer advantages, is free and does not require compliance with any requirements periodically.
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It should be noted that the entities have the right to establish the conditions they consider appropriate for the services provided, as long as they are properly indicated in the rate book and are communicated to the client at least two months in advance of any change. In addition, the client has the right to complain if the bank has failed to comply with any of the established guidelines.
To avoid paying these commissions, clients can meet certain requirements that “release” them from this obligation. One of the easiest ways to get away from commissions is by direct debit of income or receiptsas well as the contracting other additional products Of the entity. In the event that a bank charges for services that others do not, changing entities may be a viable option to save.
The most common types of commissions include maintenance costsof administrationby transfer banking, commission for overdraft and claim of debtor positions, commission for withdraw money from ATMcard maintenance and commissions for using the cards abroad, among others.
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In summary, bank fees are a relevant issue for users of banking services. Knowing and complying with the requirements established by each entity can help clients avoid additional expenses and manage more efficiently your personal finances. When it comes to avoiding these types of commissions, there are many options, mainly between 100% online accounts without requirements.
