For many years immediately, banks and other financial intuitions (including credit unions and community banks) have been generating revenue from transactional fees of one kind or another. In circumstance, these fees can constitute up a large proportion of overall revenues and corresponding profits (in some cases constituting up to 50% of all profits in some banks). In this article we consider what fees are typically charged and to who.
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November 10, 2011
A Guide to Bank Transactional Fees (Direct and Indirect)
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