KINGSTOWN, St Vincent – St Vincent and the Grenadines two main political leaders are urging citizens to seek advice before making a decision on whether or not to withdraw their funds from the RBTT Bank here following a decision by the financial institution to increase fees for its services.
Many customers have descended on the bank indicating a willingness to withdraw their funds after the Trinidad-headquartered financial institution announced an EC$25 (One EC dollar=US$0.37 cents) monthly service fee.
“I would tell persons to make their own judgement,” Prime Minister and Minister of Finance Ralph Gonsalves said on radio, a day after Opposition Leader Arnhim Eustace had told listeners to do the same.
Gonsalves said that the fees “just came out of nowhere and they are excessive” and that if a depositor has a sufficiency of money and feel they can bear the EC$300 annual fee, they can choose to do so.
I refuse to listen to Gonsales because of his past performance when it comes to DA. Will DA be affected by this bank surcharge?
YES Dominica is certainly affected by this sudden increase in fees with less than one week’s notification to customers!
Send Pm R a copy
Yes words of a Concerned and Real Prime Minister
Lead the way Gonsalves
Now
this is the sort of quality a good Prime minister displays
I say no more .