Service charge

State Bank of India (SBI) will not charge service fees on IMPS transactions made through its digital banking channels

In an effort to boost digital transactions in the country, the State Bank of India (SBI) has announced that it will not charge any service fees on Immediate Payment Service (IMPS) transactions up to Rs 5 lakh through its digital banking channels. Informing clients in a tweet, the country’s largest public sector lender said that […]

Service charge

Kachka removing tips, 22% service charge implemented

The owners of the Russian-inspired restaurant in Portland say the tip system is rooted in inequality. PORTLAND, Oregon – Kachka, a famous Russian-inspired restaurant in Portland, will replace tips with a 22% service charge when it reopens after its vacation on Thursday. Company owners are instituting a fee to support their pay equity plan, which […]

Service charge

ICICI Bank customer alert! Service charge on A / C savings, ATM transaction fees will be increased from January 1, check out new rates here | Personal finance news

New Delhi: Private sector lender ICICI Bank has announced that it will revise the service fees on ICICI bank savings accounts with effect from January 1, 2022. The bank also announced a revision of the ATM transaction fees – National Savings Account Holders from January 1. For transactions at ICICI Bank ATMs / cash recycling […]

Service charge

Inside Housing – News – Residents of G15 owner strike over service charges as bills soar

Vaughan Road, Peterborough James Baker’s service charge rose from £ 9 per week to £ 63 per week in March last year, although he said he was not receiving services such as window cleaning and laying of gutters. When he phoned Hyde to ask for this, he was told the increase was a mistake and […]

Service charge

Why it’s time to end the scourge of service fees

Wednesday, November 24, 2021 2:25 p.m. Ask five people about the service charge – that innocent-looking 12.5% ​​“discretionary” or “optional” at the bottom of your bill – and you’ll get five different answers. It’s an archaic, often underground system and I’m glad I scuffed it in our Oklava restaurant. Here’s why. The service charge has […]

Service charge

Requests for rental charges and tenant’s liability for litigation costs: the Court of Appeal renders an important judgment

On Monday, November 22, 2021, the Court of Appeal (Newey, Stuart-Smith & Andrews LJJ) rendered its judgment in a major service fee litigation case. David Peachey (managed by Mark Warwick QC) represented the Respondent Owner. Summary The Kensquare Limited v Boakye case [2021] EWCA Civ 1725, dealt with two main issues. The first question was […]

Service charge

Assiniboine Credit Union Mistakenly Charges Members with a $ 1,000 ‘Housekeeping Service Fee’

WINNIPEG – Some Manitobans doing business with Assiniboine Credit Union (ACU) were mistakenly billed a management fee of $ 1,000 by the financial co-op. A photo provided to CTV News shows an ACU member account billed with a “maintenance service charge” of $ 1,000 on October 31. An ACU spokesperson confirms that some members were […]

Service charge

IRCTC to share 50% of e-ticketing service charge proceeds with Indian Railways

Indian Railways Catering and Tourism Corporation (IRCTC) has announced that it will share the revenue generated from the convenience fees for reservations made on its platform in a 50:50 report with the Department of Railways. The Ministry of Railways announced its decision to share the revenue generated from the convenience fees collected by the IRCTC […]

Service charge

St. Paul’s restaurants drop tips in favor of service charges

Twin Cities diners find a new item on their restaurant check and the “tip” line has been removed. Instead of tips, many local restaurants have introduced a service charge model. But what exactly are the service charges for, and what does the future of the local restaurant industry look like? Many restaurateurs say the tip […]

Service charge

Portland’s Ruby’s West End restaurant cuts costs, adds service charge to pay employees more than minimum wage

The combination of cutting costs and adding service charges allows him to pay all staff at least $ 20 an hour plus tips. PORTLAND, Maine – A Portland restaurant is trying to hold back workers during the pandemic by paying each employee more than $ 20 an hour plus tips. Corrinna Stum opened Ruby’s West […]