How much discount on the .45% charge on cash lodged to bank are you getting?

  • Thread starter zerosumgame
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zerosumgame

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Small retailer lodging approx €30k per week into an AIB Business Account and am getting charged .45% on all cash lodged. Negotiated a 'SPECIAL DISCOUNT' (which is very common) and managed to get these reduced BY 30% - this has been the case now for 4 years.

I recently changed accountants and they are of the opinion that the bank are charging way too much and that they would expect the charges on cash lodged after 'SPECIAL DISCOUNT' to be closer to .17%.

What kind of charges on Cash Lodged are people experiencing....anybody getting close to .17%?
 
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