banks are starting to charge fees to depositors who fall outside of the norm.
The idea of a maintenance charge for low-balance accounts has been mulling for
quite some time within the industry, and China's large banks have finally
begun to implement fee schemes. China Construction Bank yesterday started
collecting quarterly fees from any depositor whose balance falls below a
certain minimum, and in response, Bank of China, Industrial and Commercial
Bank, and Agriculture Bank announced their plans as well.
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