After 89 years, the Sparda-Bank Munich gives up on her promise of a free checking account for all. The owner of the “current account classical” figures in the future, 4.90 euros per month, for the Online current account 1,90 euros.

Transfers in the form of paper costs to customers starting in April 1,50 Euro. Of the transfer fee, customers are to pay except with a “current account Klassik”, the owner of the “account Start” and “checking account Online”. Also for the debit card customers will need to shell out more in the future: Instead of the previous five euros in the year, soon to be twelve euros. Display you can now Find your suitable checking account compared

Sparda-banks-in-chief explains the step

On Facebook, the management Board Chairman of the Sparda-Bank Munich, explains Helmut Lind (58), the step: “Currently, the entire banking industry is in a fundamental state of upheaval. One end of the Low – or negative-interest-rate policy of the European Central Bank is not in sight. That costs a lot of money: Our interest revenues will decline significantly. At the same time, we must pay for our deposits at the European Central Bank penalty interest.“

in Addition, the digitization of the opening, according to Lind, though, there are tremendous opportunities, but they would also require high levels of innovation, in order to allow new offers to implement. The decision to collect the new fees as of April, had fallen of the Munich Sparda-Bank “very difficult,” asserts banks-in-chief. The fee for the checking account, however, is necessary in order to secure the future of the Bank.

customers of the Sparda-Bank are discussing on Facebook

As the “image”-newspaper writes, are affected by the new fees, roughly 281,000 customers, the Munich-based cooperative Bank. All customers were contacted, according to the Sparda-Bank at the end of December and over the new cost structure of its security.

On Facebook, some of the Concerned expressed meanwhile their displeasure about the new fees: “Thus the last advantage of the Sparda-Bank is lost. To 01.04. I’m gone,“ writes a customer. “Na super 1,90 Euro / month and 12 euros for the card. So that makes me angry,“ said another user.

Other customers of the Bank, on the other hand more understanding: “what makes the Sparda-Bank everything social, which is more than fair! A coffee-to-go is usually more expensive and does more harm to the environment! Sparda ♥!“ Hundreds of protesters storm U.S. Embassy in Iraq – now Trump threatens Iran FOCUS Online/Wochit hundreds of protesters storm U.S. Embassy in Iraq – now Trump threatens Iran, “It blew us away”: an Angler to cut the pike – his last meal is still alive PCP “It blew us away”: an Angler to cut the pike – his last meal came alive.