WikiFX

Sagot

Based on my careful research of the information available, I was unable to find any explicit mention of inactivity fees charged by IFIC Bank. As a forex trader, I place a high value on transparency when it comes to broker fees. Typically, reputable brokers will clearly list all applicable fees—including those charged for dormant or inactive accounts—within their account terms and conditions or on product pages. In this case, the reviewed materials offer considerable detail about the bank’s savings and deposit products, account types, digital banking app, and even specific interest rates, but make no reference to inactivity or dormancy charges. From my experience, unregulated institutions like IFIC Bank require extra vigilance, particularly when crucial fee information is not provided upfront. This lack of clarity can present risks if you are considering opening and then leaving an account unused, as unexpected charges may be imposed at the bank’s discretion. While the absence of a stated inactivity fee does not guarantee that such fees do not exist, it does mean I could not independently verify any policy or circumstance where IFIC Bank imposes inactivity fees. For my own financial safety, I would recommend that anyone interested in their products directly contact their customer support to request explicit written clarification before opening an account. This cautious approach is especially important with institutions that operate without recognized regulation.