Introduction I-Pago and fee adjustment for Corporate Customers
The new Instant Payments Clearing and Settlement Mechanism is available for all Aruba Bank N.V. customers. As per March 30th, 2020, transactions to other local banks for Aruba Bank Corporate (business) customers, will be AWG. 0.74 per transaction, for outgoing business transactions greater than (>) AWG 250,-. This fee is based on the fee charged by the CBA (AWG 0.70 excluding BBO/BAZV/BAVP, per outgoing transaction greater than AWG 250.-). All other existing fees for outgoing business transactions will remain unchanged.
For our updated Fees Schedule please visit: https://arubabank.com/aboutus/aruba-bank-fees-2019
More information about I-Pago is available on Centrale Bank van Aruba’s webpage: https://www.cbaruba.org/ipago
For additional information, please call our Contact Center at +297-527-7777 or contact your personal Account Manager.