After many Bajans contemplated shifting business on hearing since May no ATM fees by Worthing side, Sagicor Bank finally let the penny drop with some of their other accounts… Lee-Ann O’Selmo, their Chief Client Officer (just returned from a honeymoon in Mykonos), warned clientele in a mass inbox message the following?
Effective 1st October, 2023, Sagicor Bank (Barbados) Limited will cease waiving the minimum balance fee on the Expert-Saver account for all clients. This cessation will result in clients being charged BBD $10.00 each month-end for which their Expert-Saver account has a closing balance of less than BBD $2,500.00.
Clients may avoid this fee, the release continued, by maintaining a balance of BBD $2,500.00 or more on their Expert-Saver accounts or by using one of our other accounts which does not bear a minimum balance fee.
To learn more about their products please visit www.sagicor.bank/our-products. More information on Sagicor Bank fees can be found at www.sagicor.bank/scheduleofcharges.
But then you probably thought it was too good to be true, eh?