{"id":6866,"date":"2017-09-01T09:23:48","date_gmt":"2017-09-01T13:23:48","guid":{"rendered":"http:\/\/antiguanewsroom.com\/?p=6866"},"modified":"2017-09-01T09:23:48","modified_gmt":"2017-09-01T13:23:48","slug":"new-ecab-fees-take-effect","status":"publish","type":"post","link":"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/","title":{"rendered":"New ECAB fees take effect"},"content":{"rendered":"
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The Eastern Caribbean Amalgamated Bank (ECAB) will from today<\/span> (September 1) adjust certain fees and charges for services conducted by the bank.<\/span><\/span><\/p>

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Customers were directed to the bank\u2019s website or its branches for more details on the schedule of charges.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

A visit to the site displays the notice and by clicking on: \u201cPlease see our <\/span>Schedule of Charges<\/a>\u00a0for details on all other adjustments\u201d takes you to a comprehensive list of the new charges.<\/span><\/p>

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Customers who wish to open a regular savings account (ATM cards only) will pay a minimum of $50 with a two per cent interest rate per annum.<\/span><\/p>

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The bank said that accounts falling below the minimum balance will be subject to a $5 charge. <\/span><\/p>\n

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For in branch withdrawals\/debits, the first five are free and a $2 charge will be applied thereafter.<\/span><\/p>

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\u00a0<\/span><\/p>\n

The minimum balance now required for Statement Savings Accounts is $200,\u00a0and a new in branch transaction fee will be introduced on savings accounts. <\/span><\/p>\n

\u00a0<\/span><\/p>\n

\u201cCustomers will be allowed five (5) free in branch withdrawals\/debits and will be charged $2.00 per transaction thereafter. Customers are encouraged to use our alternative banking services such as our thirteen (13) ATMs and our Online and Mobile banking solution, MOREBanking,\u201d the bank\u2019s notice read.<\/span><\/p>

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\u00a0<\/span><\/p>\n

For Demand Deposit Accounts, the per cheque charge for Business and Escrow Accounts will be increased to $1.25.<\/span><\/p>

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\u00a0<\/span><\/p>\n

The other services affected include: Night Safe Facilities, Current Accounts, Safe Deposit Boxes, Card Services, Wire Transfer, Payroll Services, Foreign Exchange Services, Certificate of Deposit, Statements and Audit Confirmations and Account Queries. <\/span><\/p>\n

\"\"<\/a><\/div>","protected":false},"excerpt":{"rendered":"

The Eastern Caribbean Amalgamated Bank (ECAB) will from today (September 1) adjust certain fees and charges for services conducted by the bank. \u00a0 Customers were directed to the bank\u2019s website or its branches for more details on the schedule of charges. \u00a0 A visit to the site displays the notice and by clicking on: \u201cPlease […]<\/p>\n","protected":false},"author":3,"featured_media":6867,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,5],"tags":[],"class_list":["post-6866","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news"],"yoast_head":"\nNew ECAB fees take effect - Antigua News Room<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New ECAB fees take effect\" \/>\n<meta property=\"og:description\" content=\"The Eastern Caribbean Amalgamated Bank (ECAB) will from today (September 1) adjust certain fees and charges for services conducted by the bank. \u00a0 Customers were directed to the bank\u2019s website or its branches for more details on the schedule of charges. \u00a0 A visit to the site displays the notice and by clicking on: \u201cPlease […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/\" \/>\n<meta property=\"og:site_name\" content=\"Antigua News Room\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/antiguanewsroom\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-01T13:23:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mlavawteztbj.i.optimole.com\/w:auto\/h:auto\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2017\/09\/ecab-bank.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"530\" \/>\n\t<meta property=\"og:image:height\" content=\"306\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:site\" content=\"@AntiguaNewsRoom\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\/\/antiguanewsroom.com\/#\/schema\/person\/36cac05ef6398fe56ae3e6317f8535c5\"},\"headline\":\"New ECAB fees take effect\",\"datePublished\":\"2017-09-01T13:23:48+00:00\",\"dateModified\":\"2017-09-01T13:23:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/\"},\"wordCount\":254,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/antiguanewsroom.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/mlavawteztbj.i.optimole.com\/w:530\/h:306\/q:mauto\/f:best\/https:\/\/antiguanewsroom.com\/wp-content\/uploads\/2017\/09\/ecab-bank.jpg\",\"articleSection\":[\"Featured\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/\",\"url\":\"https:\/\/antiguanewsroom.com\/new-ecab-fees-take-effect\/\",\"name\":\"New ECAB fees take effect - 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