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[Discussion] Does all the banks around the globe requires their customers to maintain a certain amount of balance in their accounts (Savings) ?

July 24, 2020 at 12:11PM

Where I live we have messed up banking rules. The banks are asking for a pretty significant limit as a minimum balance to be maintained every month or else I'll incur a penalty plus there's a limit on how often I can use the ATM services exceeding that will again results in another penalty. I just want to know if this is a standard guidelines followed by all the banks or just in my messed up country.

submitted by /u/appu96
[link] [comments] via Savings, Checkings, CDs, oh my! https://bit.ly/2BqsoYQ

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