There are a large number of financial institutions that charge additional ATM commission on each transaction, while withdrawing money using ATM outlets. ATM transactions also known as convenience transactions are operations offered by the bank as a necessary service to keep their clients happy. While such operations itself result in additional costs to the bank, it adds no profit for the bank. By allowing clients from other banks to do …

Bank of America now has a new option that allows customers to sign up for a checking account that would not allow them to write checks. This option provides you two positive benefits. The first benefit is to have an account with no other fees. This means, they have to pay a maintenance fee of $4.95 per month to enjoy this benefit. According to the bank, the maintenance fee is …