The list of lenders with the highest current account fees also includes BCR, with RON 4.5/month and BRD with EUR0.8 (around RON3.55). Volksbank, Banca Romaneasca, ProCredit Bank and Credit Europe Bank charge around RON3/month for current account services.
The lowest fees are charged by ING Bank and Libra Internet Bank, with RON2/month, followed by Raiffeisen Bank, CEC Bank, Bancpost, Alpha Bank, Piraeus Bank and Banca Comerciala Carpatica, with RON2.5/month.
In terms of balance interrogation in their own ATM network, Libra Bank and Carpatica charge the highest fees, of RON1 per operation, while Volksbank, Piraeus, Credit Europe and Marfin offer this service for free.
Alpha Bank, Banca Romaneasca and ProCredit charge their own customers RON0.5/operation and most lenders have a standard fee of RON0.3. BCR and BRD charge RON0.2 for this operation.
On the other hand, BRD has the highest interrogation fee in other ATM networks, of EUR1 (around RON4.4), followed by BCR and ING Bank with RON2.5 each and Carpatica with RON1.8. OTP charges only RON0.3 for this operation.
Banca Transilvania, ING Bank and Marfin Bank are the only lenders that charge no fees for cash withdrawals from their own ATM networks, while most lenders charge 0.2% for this operation. BCR and Bancpost have the highest cash withdrawal fees, of 0.25%.
For cash withdrawals from other ATMs, BCR and BRD have the highest fees, of 1% plus RON6 and 1% plus RON4, respectively. Most lenders charge 0.5% plus RON2.5, but some charge more: CEC Bank charges 0.5% plus RON3.5, Libra Bank charges 0.75% plus RON2.5, Raiffeisen charges 1% but no less than EUR2.5, and UniCredit and Marfin charge 1% plus RON2.5.
The antitrust body notes in its report bank fees in Romania are very high compared to similar fees in other EU countries. In 2009, for instance, Romania had the fourth highest back fees for current accounts in the EU, according to a study of the European Commission.