Press: bank charges higher in Czech Republic than Austria, Germany

Bank charges are higher in the Czech Republic than in Germany and Austria, where salaries are up to five times higher, the daily Pravo reported on Friday. For instance, banks in the Czech Republic charge fees for withdrawing money from ATM machines, a service which is free in Germany and Austria. Furthermore, interest on current accounts is higher in those countries, while interest on overdrafts is lower.

Author: Ian Willoughby