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Which country do you live in if you don't mind me asking, and are you talking about personal or business accounts? In the UK there are "premium" personal bank a
by r_hoods_ghost 4y ago
Which country do you live in if you don't mind me asking, and are you talking about personal or business accounts? In the UK there are "premium" personal bank accounts that will charge you a (low) monthly fee, but you usually get benefits from these such as free travel insurance, and the fee will often be waived if you deposit £x per month. Transfers to most countries are free, withdrawals and deposits are free and two of my accounts don't charge for currency conversions or foreign withdrawals.
Traditional business accounts will sometimes charge withdrawal and deposit fees (especially on cash at the counter), and usually charge an (again low) monthly fee, but even in that sector you can find lots of accounts now that are essentially free.
I'm curious whether this is different in other countries.