{"id":8818,"date":"2021-11-02T16:22:43","date_gmt":"2021-11-02T16:22:43","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh"},"modified":"2021-11-03T17:22:50","modified_gmt":"2021-11-03T17:22:50","slug":"fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh","title":{"rendered":"FDH Bank wins Malawians\u2019 hearts: \u2018We are moving our accounts to FDH\u2019"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Malawi. <\/strong><\/span>While several commercial banks in Malawi are hiking their already exorbitant fees they charge customers to accommodate the recent introduced Value Added Tax (VAT), FDH has taken a bold step by downgrading its fees on the same \u2018non-banking\u2019 services and even scrapped off some of the charges.<\/p>\n<p>FDH has removed the K350 service fee which was charged for any bill payment and now customers will not be deducted any fee for making bill using FDH. Some of the reduced fees include ATS Inter-Bank Transfer from K18,500 to K11,600, ATS after 3PM from K39,000 to K17,500, Bank Cheque from K29,000 to K25,000 and special clearance from K98,500 to K85,000.<\/p>\n<p>Other fees include ATM pin reset from K2,200 to K1,165, mini-statement per page from K4,950 to K1,200. Account history from K5,900 to K2,300 and Mastercard Standard Renewal from K6,500 to K5,8850.<\/p>\n<p>Malawians on social media have expressed excitement over the reduced fees and some have vowed to open accounts with the bank. \u201cOnly FDH Bank have lower charges on services and most of them are free. No need to worry about V.A.T. let\u2019s all migrate,\u201d said social media user Mercy Chirwa.<\/p>\n<p>\u201cBest bank in Malawi,\u201d commented another social media user on the bank\u2019s Facebook page.<\/p>\n<p>Bankers Association of Malawi recently announced the introduction of Value Added Tax (VAT) on most of their services following the amendment of VAT law by the Malawi Parliament.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/malawi\">Malawi<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Malawi. While several commercial banks in Malawi are hiking their already exorbitant fees they charge customers to accommodate the recent introduced Value Added Tax (VAT), FDH has taken a bold step by downgrading its fees on the same \u2018non-banking\u2019 services and even scrapped off some of the charges. FDH has removed the K350 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":8817,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8],"tags":[233,371,3086,1148,234,1000],"class_list":["post-8818","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-malawi","tag-bankers-association-of-malawi","tag-fdh-bank-2","tag-malawi","tag-taxes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FDH Bank wins Malawians\u2019 hearts: \u2018We are moving our accounts to FDH\u2019 - Malawi<\/title>\n<meta name=\"description\" content=\"While several commercial banks in Malawi are hiking their already exorbitant fees they charge customers to accommodate t ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FDH Bank wins Malawians\u2019 hearts: \u2018We are moving our accounts to FDH\u2019\" \/>\n<meta property=\"og:description\" content=\"While several commercial banks in Malawi are hiking their already exorbitant fees they charge customers to accommodate t ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-02T16:22:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-11-03T17:22:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-6182c53a15a90.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"379\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FDH Bank wins Malawians\u2019 hearts: \u2018We are moving our accounts to FDH\u2019\",\"datePublished\":\"2021-11-02T16:22:43+00:00\",\"dateModified\":\"2021-11-03T17:22:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh\"},\"wordCount\":259,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2021\/11\/img-6182c53a15a90.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Bankers Association of Malawi\",\"FDH-Bank\",\"Malawi\",\"taxes\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/fdh-bank-wins-malawians-hearts-we-are-moving-our-accounts-to-fdh\",\"name\":\"FDH Bank wins Malawians\u2019 hearts: \u2018We are moving our accounts to FDH\u2019 - 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