Commission Exchanges

The commissions are percentages (money) deducted or charged directly to the banks accounts of persons who at various times, usually a month, make bank transactions in order of payment, deposit or just for keeping accounts of these people active. The committees are an important source of income for banks, as these are characterized by their percentage increase or decrease depending on the amount handled. The commission charges can be seen exposed to a constant variable rate, as this can be affected by various factors, including the most common are. The entry of a check to a country or a different city to where this was done is home to the most commission, either through a currency exchange or check management. The transaction or deposit of a fund by check requires a commission, since the control ring and expenses are taken into account in all these transactions.

The payment or exchange for a check, currently collects a large percentage of resources for these entities, because first of all, the percentage of this commission is made according to the amount paid, plus the commission charged for services rendered in exchange of assets. The entry of a check to a different financial institution, resulting in a minimum commission due to active management by both entities. It is worth mentioning that even today are deductions or commissions for any financial move, the aforementioned are most applicable to checks mainly. An important point to deal with is the percentage, this may change as stated above by the amounts of money and transaction management, but in real numbers they can range from a minimum rate of 0.75 percent, to a maximum of nine percent, of course, as the case of financial move, but it is important to note that in some cases both types of percentage may vary depending directly on the severity of the financial move made. It is worth mentioning that at present the law intercepts in some cases the recovery of these committees, a clear example of this is the bounced checks with insufficient funds or because it is illogical and illegal to charge fee for a check that could not be entered, so the law of certain countries such as Spain consider this act as illegal. Fees for checks have certain exceptions, among the best known are the check when it is charged at the same institution where he is given does not apply to the commission, however, at certain times if the same entity other than the place may charge a minimum commission.