Through Official Gazette No. 46,427, dated July 31, the Central Bank of Venezuela established the new bank fees, effective immediately for all financial institutions in the country.
The new fees apply to bank transfers, check issuance, card replacement, instant payments, and other transactions, as…
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bank fees
2023 was marked by layoffs in global banking
The major global banks cut their staff by more than 60,000 during the year, making 2023 one of the most redundant fiscal years in the sector since the great global financial crisis, according to data compiled by the Financial Times.…
China begins to stop using points of sale
China is starting to move away from the use of points of sale, and this is due in part to the bank fees that must be paid for their use. It is estimated that, for example, in the United States for every 100 dollars, the seller only enjoys…