Yes, there are various fees associated with your account at Prominence Bank, which may vary depending on the type of account you hold and the services you utilize. Understanding these fees is important for effective account management. Here are some common fees you may encounter:
– Monthly Maintenance Fee: This fee is charged for maintaining your account on a monthly basis.
– Overdraft Fees: Incurred when you withdraw more than your available balance, this fee is applied to help manage overdrafts.
– Wire Transfer Fees: These fees apply when sending or receiving money via wire transfer, whether domestically or internationally.
– Insufficient Funds Fee: This fee is related to transactions that bounce due to insufficient funds in your account.
– Foreign Transaction Fee: Applied to purchases made in a foreign currency, this fee helps cover the costs associated with such transactions.
– Minimum Balance Fee: Assessed if your account balance falls below a specified minimum threshold.
– Inactivity Fee: This fee is applied if your account remains inactive for a certain period, encouraging account usage.
For a comprehensive list of all fees associated with your account, we recommend that you refer to our publicly available fee schedule at Prominence Bank Basic Fees.
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