Regulatory Alerts2014-01-05
Added
Fees for Banking Services
The Banking Services Fees directive (No. 828) is amended to delete specific fee codes related to small business account management and card-related fees from the reporting tables. New fee codes are introduced for credit processing involving collateral for non-mortgage loans exceeding NIS 100,000 and for check discounting exceeding NIS 50,000. Banks are required to update their reporting formats to align with the 'Bank Base' profit and loss statement and to submit detailed breakdowns of the largest customer club members.
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