BC-4.3 BC-4.3 Disclosure of charges
BC-4.3.1
In order to improve customer awareness and enhance transparency of bank charging structures, full commercial banks should display, by notice in their banking halls (both head offices and
branches ), a list of current charges.BC-4.3.2
Banks should also ensure that each customer is in receipt of its current list of charges. The list should specify standard charges and commissions that will be applied by the bank to individual services and transactions and to specific areas of business.
BC-4.3.3
The requirement in this section is in addition to the requirements set out under section CM-8.2 that require all full commercial banks to display, by a conspicuous notice, their current effective rate of interest.
