Sverdlovsk Gubernskiy Bank keeps fining customers for early withdrawal

Sverdlovsk Gubernskiy Bank keeps charging the customers who want to cash their deposits before the end of the deposit period a 20% commission. This is charged in case a customer takes out more than 50,000 RUR, and the fee comes to 20% of the remainder of the sum exceeding this 50,000-ruble limit.

The spokesperson for the bank claims the main idea behind this measure is to prevent the people from taking their money back ahead of time en masse.

The limitations were imposed on October 14, 2008. The bank’s customers (including those who had placed their applications for money withdrawal beforehand) had not been informed of the situation.

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