Scotiabank customers will have to pay $1.50 for digital transfers to other banks from February 10.
“Effective February 10, each transfer from your Scotiabank account to other local banks via the Scotia Caribbean App and Socia OnLine Banking, will now cost $1.50, “Scotiabank has announced on its website.
Scotiabank had previously been encouraging customers to use its digital channels.
“Use the Scotia Caribbean App, Scotia OnLine Banking and Scotia ATMs to pay your bills, transfer funds between accounts, transfer to other local banks, pay your credit card, view account statements + more,” its website stated under the sections Transactional Accounts.
“A $10 fee will be charged on transactions completed in branch that can be completed via the digital channels,” it stated.