What can happen if your savings account balance goes below the required minimum daily balance?

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asked Feb 6, 2021 5.8k views

1 Answer

Len Holgate · Answer 1 · 2021-02-11T06:20:28+0000

Answer:

if it happens that the daily balance falls below the minimum amount required, and payment is made to the account on the same day, the bank will not charge a fee for the service. Otherwise, if the minimum daily balance falls below the minimum, a maintenance fee is charged.

Explanation:

What can happen if your savings account balance goes below the required minimum daily balance?

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