CAP BANK CHARGES. On 1 November, the cap on banking fees for the most vulnerable, is strengthened. Here’s what will change concretely for you.
Summary The cap-Types of bank charges
[updated on October 30, 2020 at 11h29] Bruno The Mayor had promised last June, the measure is (finally) in application to the 1st of November. A decree now allows you to strengthen the cap of the expenses of incidents of banking initiated in the framework of the crisis of the yellow vests. The ceiling is now set to 25 euro per month. A client will be “considered fragile from five incidents in banking in a period of one month” , and will have access to the capping of bank charges “for three months” , had detailed the minister of the Economy. “The people in the situation of over-indebtedness will be considered to be fragile for the duration of the registration file of the incidents of refund,” he completed. According to the minister of the Economy, these new conditions should increase the number of beneficiaries of the cap of 15%. In addition to the evolution of the cap, an “update of the charter, inclusion banking and prevention of overindebtedness”, and a “decree” to define the “precise information” that the banks must provide to the Bank of France were the order of the day.
in mid-June, the Crédit Mutuel was announcing the final suppression of the expenses incident to banking for its customers with the most fragile, nearly 35 000 clients, the subscribers of the specific offer. “To help customers get out of their difficult situation, they will benefit from ‘rendez-vous rebound’ with their advisor of record”, had said the group in a press release.
what is the cap cost ? Who is concerned ?
In France, only the costs of incidents bank are capped for the customers so-called fragile and who have subscribed to a specific offer from their bank. In detail, the persons concerned are those which are recorded in the central file of the cheques of the Bank of France for over three months, due to an unpaid check, and which have been declared inadmissible to the procedure of over-indebtedness.
This special offer costs a maximum of 3 euros per month. Since July 1, 2019, a cap entered into force for these clients : their costs of incidents bank may not exceed 20 euros per month and 200 euros per year. This ceiling is raised to 1 November 2020 to 25 euro per month.
The access conditions to this offer are also to be reviewed. A client will be considered fragile from the fifth incident of banking in a month. He will then have access to that specific offer for three months. Do you have a question about the types of costs involved ? Here’s a list :
The costs of opposition to a bank card by the bank The cost of information letter prior to a nsf cheque fees letter of information for an account debtor not authorized The charges for a cheque dismissed without provision, The costs of rejection sampling are not enough funds The costs of denial of a transfer for lack of provision in The commissions response to The charges arising from the notification of the Bank of France relating to a prohibition to issue cheques The charges for the report to the Bank of France of a decision of withdrawal of a credit card. What are the different types of bank fees ?
