Tag Archives: charges

SBI makes online money transfer cheaper, cuts NEFT and RTGS charges

After lowering the Immediate Payment Service (IMPS) charges, the State Bank of India (SBI) on Thursday reduced charges for National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) transactions by up to 75% effective July 15. The reduced charges will be applicable on the transactions done through internet banking and mobile banking services offered by the bank, according ... Read More »

State Bank of India (SBI) cleared on cash transaction charges: Rs 25 will be charged but only …

SPECIAL THINGS 25% charge per withdrawal on withdrawal of money from SBI Bank Big ATM Media reports that SBI would charge 25 rupees for all ATM transactions SBI Bank has given clearance in this regard. New Delhi: Country’s largest bank, State Bank of India (SBI) has made changes in the service charge of some cash transactions related to ATM withdrawals, ... Read More »

SBI New ATM, Cash Transactions Service Charges. All You Need To Know

India’s largest lender State Bank of India, revised service charges on various cash transactions for its customers, effective from June 1. Announced in a circular on the SBI website on Thursday morning, the revisions initially created confusion among customers over news that all cash withdrawals through ATM will now be charged at Rs. 25 per transaction. The bank later clarified ... Read More »

Antofagasta says will defend against regulator’s charges

Chile’s Antofagasta Minerals (ANTO.L) said on Friday it would present a defence after Chilean regulators accused the company late Thursday of mismanaging water resources and nearby plant life at its Los Pelambres copper mine. The company said there were some errors in the information that led Chilean regulators to draw up the charges but it did not elaborate on the ... Read More »

UK fraud agency charges three in Tesco accounting probe

Britain’s Serious Fraud Office has charged three former senior Tesco (TSCO.L) executives with fraud in its investigation into accounting practices at the country’s biggest supermarket chain. A 250 million pound overstatement of Tesco’s first-half profits in August 2014, due to booking deals with suppliers too early, led to the suspension of eight senior members of staff in the following months. ... Read More »

Banks await decision on proposals to cap overdraft charges

High street banks will learn this week whether regulators intend to press ahead with proposals to cap overdraft charges in an attempt to make it easier for customers to switch current accounts. The Competition and Markets Authority (CMA) is due to publish provisional recommendations from its delayed investigation into retail banking on Tuesday. It will be followed by a month’s ... Read More »