PD-4.3 PD-4.3 Disclosure to Commercial Customers of Charges on Short-term Financing Facilities
PD-4.3.1
The content of this Section is applicable to all retail banks licensed by the CBB.
Amended October 2010
April 2008PD-4.3.2
The CBB requires all retail banks to display, by a
conspicuous notice , their scale of charges on BD short-term revolving facilities to commercial customers.Amended: April 2016
Amended October 2010
April 2008PD-4.3.3
[This Paragraph was deleted in April 2016.]
Deleted: April 2016
April 2008PD-4.3.4
Retail banks are left free to decide their own basis of charging and to make changes to it as they consider appropriate.
April 2008PD-4.3.5
Retail banks must display a list of current charges including any standard charges and commissions that will be applied by the bank to individual services and transactions. See Section BC-4.2 for further details.
April 2008