Under pressure, the National Commercial Bank (NCB) has sought to explain how it arrived at new and increased banking fees.

Both NCB and Scotiabank have been facing intense public criticism over the new fees.

READ: Gov’t turns up pressure on ‘tone-deaf’ banks over new fees

According to NCB, in November last year, it advised customers that there would be a fee revision effective January 3, 2022 and published the new fee structure on its website.

https://jamaica-gleaner.com/article/news/20220126/ncb-seeks-explain-why-it-increasing-banking-fees