Greek Prime Minister Kyriakos Mitsotakis announced a new policy imposing a cap on bank fees for money transfers and eliminating charges for bill payments. This decision aims to ease financial burdens on citizens and address inadequacies in previous cost-reduction efforts by banks.
Tag: Banking Fees
Commonwealth Bank, Australia's largest bank, will introduce a $3 fee for cash withdrawals starting January 6, 2025, sparking debate about access to cash and the push towards a cashless society. Critics argue the fee penalizes vulnerable populations who rely on cash transactions.