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Those who do not use digital banking will pay a maximum of 60 euros per year.

Photo: MARC HERREMANS – MEDIA HOUSE

The government is negotiating with the banks a charter for the introduction of a universal banking service, including maximum prices. This reports De Tijd and is confirmed in the sector. An agreement is expected in the coming days.

Banking federation Febelfin is negotiating with the government about a universal banking service, whereby the banks must offer basic services for non-digital customers. According to De Tijd, maximum prices will apply. The newspaper talks about a maximum of 60 euros per year, for which non-digital customers can open a current account with a debit card in a package with at least 60 manual transactions per year, at least 24 cash withdrawals at a bank’s ATM per year and the printing of account statements in the bank branch. A reasonable rate must be charged for sending extracts.

The agreement is currently being finalized, according to the sector. Agreement has yet to be reached on a number of matters. It is expected that the green light for the charter will follow within a few days.

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