Public announcement on changing the returned cheques fee

23/07/2014

Public announcement on changing the returned cheques fee

Dear valued clients,

In order to improve and strengthen the quality of operational account conducts ABA is informing you that the fee for returned cheque will be increased to USD 40 (Forty US Dollars) per transaction for any dishonored cheque presented through the clearing house for settlement effective from September 1, 2014.

To help you avoid this unnecessary cost for operating account, you are strongly encouraged to use e-service or Internet Banking service to monitor and be kept in-touch of your account transaction and balance prior to issuing cheque payment to customers.

If you have any questions regarding this announcement, please feel free to contact your account Relationship Manager or give us a call at 023 225 333.

Yours sincerely,
ABA Bank