Starting July 1, 2009, Bank Severnaya Kazna (the asset of Alfa-Bank) is going to use some special protective commissions. For instance, they will take a monthly commission of 100 RUR/?3/$3 for managing their ACCORD accounts; the commission will be taken out on the last day of each month, in the currency identical to that of the account (provided there is some money in it).

Then, there will be a commission for topping up one’s account at the bank’s cash desks, if this is the VISA Electron Instant Issue card account created to pay off the bank’s ruble loans. The only exception to this rule is accounts created to pay off the bank’s mortgages, loans to the bank’s employees, general agreements, and any loans offered to customers before April 1, 2006.

What is more, the bank will soon stop opening any fixed term or demand deposits for private individuals as well.