Faisal KhanAnswered Apr 11, 2014Not sure if the Federal Reserve mandates banks to publish a Schedule of Charges, outside the US, in UK, EU, Asia, etc. central banks have a mandate that all banks have to publish a schedule of charges --- this is a complete menu of all the charges (limits, ranges, %ages, etc. ) that a bank can levy its customers. By law you can ask for a complete break down and referral to the SOC list.
Having said that, your bank would have to comply and let you know how to decipher your account statement (physical and/or electronic) and all charges, etc. that they are levying, even if it is cryptic.
Having said that, your bank would have to comply and let you know how to decipher your account statement (physical and/or electronic) and all charges, etc. that they are levying, even if it is cryptic.