Commercial Bank Charging 25 riyals from savings accounts
By rogger.lee •
Hi All,
Do guys know that Commercial Bank have increased the service charge from QR 10 to QR 25? This applies to all the Account Holders who doesn't maintain minimum balance amount of QR 3000, Where it was QR 1000 earlier for Savings and QR 5000 for Current Account where it was QR 2500.
Was this informed?....
What is your view is it acceptable? Who can maintain QR 3000? Whereas most of the Saving Account holders are earning low income.
What u have quoted is cent per cent right. I got debited penalty of Qrs. 25/- for my Savings in the first month. Then immediately I arranged sufficient funds not to get debited for the next month, but I closed down my Current account as I cannot manage Qrs. 5,000/- whereas I hardly issue any cheques as such. When I called Customer Service Rep, she told me that in the bottom of monthly Statement [which they post to our P.O. Box] contains the above new regulations it seems. I was shocked a little bit but planning to switch over to Doha Bank soon. Anyways we could do hardly anything other than change over. What do u say..