What are Preferred Current Account’s fees and charges?
Preferred Current Account comes with many benefits not available in normal current account, such as high ATM withdrawal limit, tiered interest rates, and waiver of account service charge, ATM annual fee and dormant fee. Some services still incur fees such as the following:
Check book fee: 1 free per month or $5 for extra
Closing of account within 6 months of opening: $10
Incidental overdraft charge: $50
Inward return check due to insufficient fund: $50
Inward return check due to non-cash reason: $5
Bank confirmation: $5
Account statement: $2 for ≤ 1 year. $5 for > 1 year.