Wednesday, May 5, 2010

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No. 496/07 ACCOUNTS SALARIES HAVE NO LIMITS EXTRACTION OR RECOVERY OF COMMISSIONS


Changing the law provides that salary accounts of financial institutions shall not under any circumstances set charge for the extraction of funds from the salary account .
is an amendment to Article 124 of the Labor Contract Law (26,590) published in the Official Gazette.

"This account, special account will be named under any circumstances pay and may have limits of extraction, no cost to the worker, in terms of its constitution, maintenance or removal of funds throughout the banking system, whatever the extraction method used, "said the statement.

Henceforth, banks costs may apply for withdrawal. Nor or limit the number of free withdrawals through ATMs as at present.

The modification of the standard will impact the pockets of employees in the employment of since they do not pay the fees charged by banks for using ATMs of other entities. (The Capital)
Source: SM

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