Raiffeisenbank announced a change in the conditions for managing euro accounts for individuals: starting March 13, the commission on balances greater than 5,000 euros will be 1% per month, but not less than 50 euros. However, no commission is charged for amounts less than 5,000 euros. This is stated in a message from Raiffeisenbank.
In addition, from March 1 to 31, special conditions of service are introduced for some transactions in euros. Thus, the commission for cross-border transfers of this currency will be 1%, as long as the transaction is carried out on Raiffeisen Online. When making a transfer at a bank branch, the commission will be 1.5%. In this case, the bank sets the minimum commission amount at €500.
Currently, the commission for servicing accounts in European currency from 10,000 euros to 50,000 euros is 0.5%, more than 50,000 euros is 1%.
For the first time, a credit institution introduced a commission for servicing foreign currency accounts in June 2022.
Author:
Natalia Gormaleva
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
