For a second time in a year, the government is preparing legislation to limit the charges banks impose on their customers.
After abolishing fees on interbank cash withdrawals last year, a new law will forbid banks from imposing monthly charges to turn regular accounts into premium ones. The charges are minuscule, but clients have been surprised by them. With the new legislation, their express consent, or opt-in, will be required in order for banks to levy those fees.
The Finance Ministry is further considering better defining the way interest rates are imposed on defaulted loans that are under settlement, following litigation and court decisions against banks.
