The new cheque deposit fee for business accounts at Standard Bank

[Dave A]

Well worth reading the full article. Clearly this isn't over.

I see ABSA has also introduced a cheque deposit fee for business clients. It's R10 per deposit as opposed to per cheque. It only affects over-counter cheque deposits; depositing a cheque via ATM does not attract the charge.

Absa said for small business customers the fee was introduced from February 1, 2011 and for retail customers the fee will come into effect on March, 1

[Chrisjan B]

Well worth reading the full article. Clearly this isn't over.

I see ABSA has also introduced a cheque deposit fee for business clients. It's R10 per deposit as opposed to per cheque. It only affects over-counter cheque deposits; depositing a cheque via ATM does not attract the charge.

Dave where did you see this? I am with ABSA and haven't been informed.