Tag: Bank fees

The cost of changing coins

The cost of changing coins

| 05/03/2019 | 8 Comments

I have heard that the banks charge a percent fee for changing coins. Is this true? If yes, is this legal? I would appreciate an answer as I have a full coin jar I wish to change. Auntie’s answer: The quick responses are yes and yes. As discussed in a recent column (see Non-account holder […]

Continue Reading

Who controls fees banks can charge consumers?

Who controls fees banks can charge consumers?

| 03/09/2018 | 32 Comments

I would like to know who has authority and oversight of the fees charged by the banks in Cayman. I suggest that you ask your readers about their experiences. Auntie’s answer: I have not met anyone who is happy about the fees their bank charges. My particular pet peeve is being charged to withdraw cash […]

Continue Reading