Deposits or Withdrawals: Which of the bank transactions do they charge you the most?

[King Belieal]

I don't know how it happens for other countries though but bank transactions are always charged. Deposits and withdrawals have different charges. In my country, they charge very less for deposits and charge higher for withdrawals.

Is it same in your country?

 

[Suba]

In my country there is no fee for deposits, unless we transfer from another bank (B) then bank B will charge a transfer fee, while for withdrawals there will always be a charge either directly via teller, ATM etc. but transfers to the same bank are not subject to a fee.

 

[pousinha]

In my country there is no fee for deposits, unless we transfer from another bank (B) then bank B will charge a transfer fee,

It's the same in my country. In any way, to transfer from bank A to bank B, if we resort to PIX mode (usually limited to 1000 reais per day), it's free too. We also count on up to 4 withdrawals per month for free.

 

[eLdavis]

I guess it's the same for me, since we are pretty much in the same country.

 

[Augusta]

I don't think the charge for deposits especially over the counter but when you withdraw you are charged

 

[Springtime]

In my city, banks do not charge for deposits or withdrawals unless you are making money transfer from one bank to another.

 

[King Belieal]

Banks are not supposed to charge for deposits because you bring money to them that they use to run their own businesses to make money.

 

[freelancermaria]

If I use an ATM from my own bank, I won't get charged for withdrawals. But if I use a different bank's ATM, there will be a charge for the withdrawal.

 

[Starmix]

There is no charging for the depositors in the Philippines except for a bank to bank transfer. The charging happens during withdrawals in ATMs but only very minimal cents.

 

[Kross]

I don't think that any bank really charges so much on deposits. It is for withdrawals that they charge a little bit high.

 

[aninditasen]

I don't know how it happens for other countries though but bank transactions are always charged. Deposits and withdrawals have different charges. In my country, they charge very less for deposits and charge higher for withdrawals.

Is it same in your country?

In my country State Bank of India doesn't charge anything for transactions.

 

[King Belieal]

In my country State Bank of India doesn't charge anything for transactions.

That's because they are owned by the government. We don't have such kinds of banks in my country that operate commercially.

 

[neku]

If the account holder has sufficient balance in their account, they are usually not asked to pay fees for the transactions , though some account holders with a very large number of transactions have to pay fees.

 

[aninditasen]

That's because they are owned by the government. We don't have such kinds of banks in my country that operate commercially.

Thank God we have Nationalized banks in our country.