In response to the Client Satisfaction Survey feedback received from their valued Global Management Company partners and clients, Barclays is launching a revised and highly competitive banking tariff with effect from 28 October 2013.
Account maintenance fee
Unlike many of its international competitors, Barclays does not currently impose a minimum balance or turnover requirement for new and existing clients. Whilst Barclays will continue with this philosophy in their revised tariff, they will be introducing a modest minimum client balance fee of $25 per quarter for clients with aggregate balances of less than $500,000 in any quarter, to offset the cost of account maintenance. The account maintenance fee will be introduced on 1 January 2014 to allow time for clients to top up their balances if required.
No comments:
Post a Comment