ZB bank has sent out a notice on it’s social media platforms warning it’s customers to get prepared for impending increase in bank charges that is set to go into effect starting 13 April 2020.
The notice comes a day after the government gazetted Statutory Instrument 65A of 2020 which basically forces banks and mobile money operators such as Ecocash to pay interest on deposits. This is something banks haven’t done ever since the Zimbabwean dollar was scrapped back in 2009.
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