MP Mushuqah questions bank fee policy
A parliamentary question threatens the Prime Minister regarding the commission for low balances from depositors' accounts in commercial banks. The MP, Engineer Adnan Mshoqa, requested clarification of the legal and financial basis that justifies deducting these fees monthly without providing any actual service to the depositor. He also inquired about the reasons for not obligating banks to exempt salary accounts, pensioners, and the National Assistance from this commission, as well as the profits banks make from it. Additionally, he called for the disclosure of the names of the banks that deduct this fee, the minimum balance required to avoid deductions, and the Central Bank’s supervisory measures to ensure customers are notified before any deductions are made. The question focuses on the rights of depositors, especially vulnerable groups, and raises concerns about whether these fees align with the financial inclusion strategy and consumer protection goals within the Jordanian banking sector.
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