- A comparative analysis of the cost of personal transaction accounts at five SA banks1.19 MB
Banking giant Absa, identified as one of the two most expensive banks in South Africa in the Solidarity Movement’s first report on bank charges last year, has retained its title. Moreover, the bank charges of Absa’s cheapest account went up by 8%, while Capitec’s bank charges were not increased at all this year.
These as some of the findings in the second report on bank charges of the Solidarity Research Institute (SRI) that was released by the Solidarity Movement (Solidarity, AfriForum, Solidarity Helping Hand and the Solidarity Investment Company).
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