Over 11,000 BSP SME Deposit customers will see a reduction in bank charges starting tomorrow (1st April 2022)
Despite the National Government introducing the Company Tax under which BSP will now pay K190 million per year, BSP CEO Robin Fleming said BSP recognizes the importance of providing its customers with cost effective services.
“Our SME BSP customers will enjoy a reduction on their Monthly account service fees by K7, from the current fee of K15 per month to K8 per month. They will see a reduction in the fees for an in Branch Eftpos Withdrawal fee from K4 to K2 and Branch Withdrawal Fee from K3 to K2,” BSP CEO Robin Fleming said.
SME Current customers will see a reduction of K2 from the K10 and will only be charged K8 for the Monthly Service Fee. In Branch Eftpos Withdrawal fee from K4 to K2 and Branch Withdrawal Fee reduced from K3 to K2.
Similar reductions will be applied to BSP Personal Account Customers starting tomorrow.
The reduction of fees doesn’t mean BSP will increase fees in other products and services.
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