Rule · CBS · 21 Sep 2011
The Central Bank of Seychelles mandates that all banks publish their current fees and charges in local newspapers quarterly. When pricing adjustments occur between scheduled publications, institutions must release comprehensive updates that clearly highlight the specific changes. This requirement ensures consistent transparency and enables customers to accurately track banking service costs.
P. O. Box 701 Victoria, Seychelles
Telephone: [+248] 4282 000 Fax: [+248] 4323 665 E-mail: enquiries@cbs.sc
Ref.: FSS/GEN/1
Date: August 9th, 2011
Central Bank hereby reminds all banks that the publication of fees and charges in the local newspaper should be done on a quarterly basis.
Please note that the fees and charges published should portray the current fees and charges applicable. As and when changes are effected in between quarters, the comprehensive list of fees and changes should be published in the local newspaper, clearly highlighting the changes compared to the last publication.
We trust in your co-operation.
P. Laporte
Governor
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Source: Central Bank of Seychelles — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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