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NDRC: Bank service charge increase lawful

07-29-2010 09:04 BJT

The national economic planner is also paying close attention to the higher fees, charged by some banks for inter-bank ATM withdrawals. The National Development and Reform Commission also says the fee increase is lawful.

The pilot regulation on the service price management of commercial banks released in 2003, gives commercial banks the right to set service fees according to their own circumstances. The planner is drafting new regulations on bank service fees, which will further standardize commercial bank charges.

Editor:Xiong Qu |Source: CMTV.CN

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