Could someone explain RBC's new fees?

[bluespeed]

buy a safe and open your own home bank.....

[ZeroOne]

4 dollars to withdraw from ATM!!!!!!!!!!!!

[bluefete]

under d mattress fuh it yes !

d coconut tree might be safer.

The banks have been trying for years to empty their banking halls of "commoners". Use the technology - they say!

What about all those old people whose memories are bad? Does the bank expect them to write down the passwords for their ATM accounts and walk with it every time they want to make an ATM withdrawal?

The bank does not care that for some of these old people, their interaction with staff when they go to take out money by the teller, is something they look forward to.

For many of them, it is their main source of interaction with other people (until the family comes to take the money from them)!

I forgot, sociology is not part of finance and profitability.

[bluefete]

4 dollars to withdraw from ATM!!!!!!!!!!!!

No!! That fee is for when you go by the teller to take out money from your savings account for the second time and thereafter, in a month.

[crazychinee]

If people feel so strongly about it; close your accounts

I think the 15,000 minimum account doesn't attract service fees. People alya need to start moving smart..ther'es nothign wrong with banking with 2-3 , or ALL banks and utilizing the services of one over the other.
eg:
My credit cards are with bank #1, my mortgage with bank #2, my savings with bank #3 and #4.

I did that because #3 and #4 are what I consider to be more stable, the credit card facilities on #1 are way better and #2 uses a higher debt service ratio .

I think the fee's are a tad bit ridiculous, but most people woudn't pick up on it.

[dirtyjames]

http://www.rbtt.com/tt/personal/file-71 ... 999,70,612

another flyer I found at RBC

[singhj]

WTF....you get charged .50 if your cash withdrawal is declined

Is this a normal fee with other banks?

I didn't even know that you are charged if your cash withdrawal is declined and a balance enquiry.

[pioneer]

http://www.rbtt.com/tt/personal/file-711344.pdf#page=1&zoom=112.99999999999999,70,612

another flyer I found at RBC

repped