Wednesday, January 15, 2014

Beginning in April, Wells Fargo to charge $5 to customers for every deposit

On Jan. 13, customers of Wells Fargo bank received an incredible shock as many received letters from the institution stating that beginning on April 7, new fees would be assessed on their accounts each time that they made or received a deposit.  This new charge would occur for transactions such as when your employer directly deposits a paycheck into your account, a customer transfers money from one account to the next, or on any drafts made in both U.S. and international currencies.

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