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Charges for Individual eBanking

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Question: 
Are there any kind of charges for individual eBanking?
Answer: 

Your bank creates your fee schedule in your markets. There is no right or wrong answer. In my experience most banks offer eBanking at no additional costs, and often pass along savings for those taking eStatements, as an example. Bill pay services initially had costs that were passed on to the consumer, but many banks offer this free today as a hook to retain accounts. The more services that are attached to an account, the more likely it is that you will retain that account and the business that comes with it.

First published on BankersOnline.com 6/11/12.

First published on 06/11/2012

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