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re: Bank fees

Posted on 9/20/11 at 9:32 am to
Posted by schexyoung
Deaf Valley
Member since May 2008
6537 posts
Posted on 9/20/11 at 9:32 am to
quote:

The reduced transaction fees will be much welcomed by merchants,and savings will be passed on, but there will be a scramble to see which banks make the best adjustment.


The Bank are going to charge merchants more upfront for cash management and eletronic banking services first.
Posted by LSUchuck
Member since Dec 2004
1546 posts
Posted on 9/20/11 at 9:37 am to
I believe Regions went from charging merchants 40 cents per transaction to 10 or 20 cents.

I'm about to switch over to UCB.
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