Bank finance articles and tips

Merchant Banks are now making a large proportion of their profits by charging fees to both end consumers or account holders (although they worry about overdoing this to prevent customer "churn") and to merchants who want to offer payment services to their customers. In the latter, there are many direct and indirect fees in the mix that need to be closely scrutinised. In this follow-on article a philosophical perspective is taken and we gaze into the crystal ball a little. We will therefore look at what the future might hold for merchant bank fees of all kinds....