How Banks Can Charge Twice For The Same Payment

08.30.2012 By Ciprian Botea

The decline of credit sales and implicitly of interest rate income are forcing banks to identify new sources of income, which led to the emergence of fees that are difficult to justify, such as charging fees on amounts collected in an account through a payment order.

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Keywords:: BANK; , FEE; , PAYMENT ORDER; , TRANSACTION

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