ARB: Romania-based banks did not increase cash transaction fees

Romania-based banks did not increase fees for cash transactions following the coming into force of the law that changes the ceilings for cash payments and receipts, the Romanian Banks Association (ARB) said after Monday's meeting with Prime Minister Marcel Ciolacu, pointing out that the banking system supports the growth of financial inclusion in Romania, which is currently the lowest among the European Union states, at just 69 percent, the ARB said in a ...

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