Bankers have
urged central bank to let them decide on either to charge additional service
fees or not.
Nepal
Bankers' Association (NBA) responding to the central bank's 14-point provision
on draft proposal of Financial Consumer Protection and Financial Literacy guidelines said
that they would themselves decide on additional service charges.
The bankers – in their seven page suggestion – said that the
cut in service charges will curb innovation as they have to regularly upgrade
technology that needs huge investment.
The central
bank on January 15 had brought the draft seeking the stakeholders feedback on
service charges like charge on Any Branch Banking Services and opening and
closing of accounts.
The bankers have instead asked the central bank to let them charge on bank statements of past years and bank account certification.
The bankers are, however,
ready to simplify banking service, establish information and grievances hearing
desk, maintaining customers' secrecy and protect data.The bankers have instead asked the central bank to let them charge on bank statements of past years and bank account certification.
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