Wednesday, February 15, 2017

National Bank introduced controversial counter fees review



[Korea sinyuncheol financial newspaper reporter] KB Kookmin Bank is considering a 'counter transaction fee' imposed measures. Counter transaction fees will be charged a fee when the bank balance bank transactions through the side hatch below a certain amount. National Bank is expected to have greater impact than any other bank when the number of customers it has introduced more than 30 million people counter transaction fees.

◇ controversial reservation, introduced background

National Bank said, "it is the only response to changes in the environment in accordance with one of the issues discussed at the time of non-face-to-face transaction with the mainstream. Specific introduction timing, etc. did not come, "he said. Some also claim that the controversy this bid for financial advancement for monetary authorities and banks.

The Bank is the banker by tying a commission when a simple deposit and withdrawal transactions at the store is considering. This reportedly reduces the purpose of counter services to enable Internet or mobile banking, ATM (automated teller machine) transactions to reduce labor costs and related budget. However, a large number of customers that the trading window is likely given that the elderly who have difficulty in online trading fees will be raised if indeed counter complaints by introducing them to the center.

Introducing controversial counter charges arose from a common condition accounting for about 90% of the total trading transactions because banks are facing non-bank no reason to store operations as before. Among the more the store is operating deficit will be larger than previously touched card fees introduced as a means to make up for it.

But now is the introduction of a specific window view may come with fees. The introduction fee jimyeonseo counter movement known national banks were feeling the burden order to actually apply because the changes should be completed by the customer agreement. Unlike when introducing account maintenance fee of Citi Bank is likely to be relatively many customers use pageupryeok difficult because of the size of the introduction blitz.



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