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Change your old bank charges decreased Visiting

The Bank of Mexico, with the aim of protect public interests and promote the healthy development of the financial system, issued the Circular 17/2009 with effect from 21 August this year, which contains a number of general provisions regarding the collection of fees, among which are:

• In deposit accounts in sight, such as payroll checks and may not collected together in the same period, fees for account management and failure to maintain minimum balance.
• No fees may be levied a customer to have checks deposited in your account that are returned for any reason.
• When the financial institution requires you to open an escrow account for payment of charges relating to having given some credit, no fees may be charged in the account by the following concepts: Opening
  • ;
  • Management;
  • not maintain a minimum average balance.
• fees may be levied not to exceed a customer or attempt to exceed the balance of your debit card derivative transactions with it.
• No fees may be levied a customer for the cancellation of deposit accounts, available media and banking.
• case of funds transfer orders, institutions may not charge different fees depending on the amount of transfers that were requested by customers.

The foregoing provisions for financial institutions to determine fees charged for services actually rendered and collection mechanisms they are more clear and transparent, benefit of users.