Q COSTARICA — Banco Nacional (BN) customers with less than ¢25,000 colones in their savings accounts will be penalized with a monthly fee of approximately ¢2,500 colones.
This is a common practice in private banking and is primarily used for managing bank accounts.
Customers under 25, senior citizens, social assistance recipients, and those who have their payroll deposited with Banco Nacional will be exempt from this measure.
Furthermore, if a customer uses their debit card for more than ¢25,000 colones per month, the fee will not apply.
The measure will apply to savings, electronic, and checking accounts and will take effect on May 20, and not May 1 as was earlier stated.
“Most customers can use their BN Account without charge by maintaining the balance at the end of the month, adding up the accounts, envelopes and programmed savings, or by using their BN Debit Card for an amount greater than ¢25,000 per month,” the national bank explained.