The Central Financial institution of Barbados (CBB) has introduced that RBC Royal Financial institution has formally ceased imposing transaction charges on its prospects for using the automated clearing home, which incorporates transactions by the real-time funds system.
This transfer comes after discussions between the Central Financial institution and RBC.
RBC Royal Financial institution pledges refunds for affected prospects
The RBC Royal Financial institution has pledged to reimburse prospects who’ve incurred these charges for the reason that Central Financial institution’s directive on January 2, 2024, mandating the elimination of costs on such transactions.
Refunds on the horizon
The CBB has additionally confirmed that these refunds will probably be administered to affected people, no later than January 19.
