Am I entitled to know the fees before purchasing the product? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Am I entitled to know the fees before purchasing the product?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

Yes.

Key points

  • You have the right to know the fees and commissions before applying for the product, and to request clarification of any unclear terms before signing.

  • Don't rely solely on the advertisement; ask for the current fee schedule and the conditions for changing it.

The figures, fees and limits in this answer vary by bank and change over time — confirm them with your bank or the official source before acting.

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