Prepaid payment products
Prepaid Payment Products – Information box referred to in section 72 of the Financial Consumer Protection Framework Regulations and paragraph 4(1)(d) and subsection 4(2) of the Prepaid Payment Products Regulations.
The following example applies to all Federally Regulated Financial Institutions (FRFIs).Footnote 1 The example also applies to information boxes presented in electronic format.
| Fees / Charges | Maintenance fee / charge: $5.00 Overdraft fee / charge: $5.00 Activation fee / charge: $5.00 Annual fee / charge: $10.00 Balance check fee / charge: $3.00 Replacement card fee / charge: $5.00 |
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