Poland: Costs for Banking Services Rising Dramatically

Businessn.a. ♦ Published: April 23, 2014; 11:26 ♦ (Vindobona)

The banking fees in Poland saw a dramatic increase in the second half last year.

Fees for cash machine withdrawals in Poland have increased last year. / Picture: © NCR

In the second half of 2013 fees at financial institutes in Poland saw a dramatic rise. This came as a reaction to the reduction of payment card fees, as reported by Polish daily “Dziennik Gazeta Prawna”.

Average monthly fees on bank accounts increased 6.8 percent to PLN 4.89 per month. The highest increase was seen on banking services, with a 37 percent surge on fees for…