What does Contribution Operating Fee mean? by Admin September 25, 2020
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What does the operating fee mean?Account Maintenance Fee is the fee accrued and collected in the periods to be determined by the institution that will collect the deposit or participation fund accounts of financial consumers.
Is the annual membership fee charged by the banks legal?Banks are legally required to offer a type of credit card for which they do not charge an annual membership fee. You can request from the bank to replace your card, for which you pay an annual membership fee, with a free card. The bank has to fulfill this request by keeping your limit the same.
Is money deducted from the current account?
This fee can be collected by banks as a usage fee, as well as in return for operational services and other expenses. Account maintenance fee is automatically deducted from the customer's account if there is money in the current account. No. When opening an investment account, no opening fee or account maintenance fee is charged, including the costs incurred for the account opened on your behalf at the Central Registry Agency.
How to get the annual membership fee of the credit card back?The only thing you need to do is to apply with a petition and a receipt showing the deducted card fee. The arbitral tribunal will also request a refund to the bank and your card fee will be refunded within an average of 15 days.
What should I do for a credit card fee refund?Is the credit card annual fee legal?
The article is exactly as follows: “Card issuers are obliged to offer consumers a type of credit card that they do not charge an annual membership fee or similar fee.” Based on this article of law, you can request a free card from your bank and request a refund of the fees you have paid in the past. No matter which service channel you go to, they deduct money from all kinds of banking transactions such as money order, EFT, check collection, credit card transactions.
Is the current account chargeable?Banks do not charge a fee for opening a current account, but they charge an annual account maintenance fee for the services they provide to the current accounts. This fee is automatically deducted from the account balance once a year or semi-annually.
What happens when you open an investment account?An investment account is a type of account that can be opened through a bank and has different types. People can start investing by researching and choosing the type of account that suits them. You can earn short or long-term gains with your investment account. In addition, the amount of earnings varies according to the money you deposit.
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