SABA:— A meeting between the Public Entity Saba and the management of RBC Royal Bank N.V. (“RBC”) on Friday, April 14, 2023, to discuss banking matters on Saba has resulted in some concrete agreements that will benefit Saba residents.
Saba pensioners who receive their pension in their RBC bank account will no longer see a deduction of the transfer fee from their monthly pension payment. To avoid the fee, RBC will be processing these transactions manually going forward. As this manual process requires more time, effective May 2023, pension payments will be credited to the respective …
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