Bankitalia: current account cost increase, stronger for online

(ANSA) - ROME, DECEMBER 18 - In 2019 the expense for the management of a current account increased by 1.6 euros compared to the previous year, reaching 88.5 euros but with a stronger increase for those online (5.9 euros , 0.2 in 2018). This is what the survey carried out by the Bank of Italy affirms on 12,705 bank current accounts and 900 postal current accounts and 698 online accounts that cannot be referred to branches. "This is - notes Via Nazionale of modest growth if compared with that of the previous year, when expenditure increased by 7.5 euros". The increase in spending on current accounts in 2019 is due to the increase in ownership of "payment cards and the greater number of transactions, especially wire transfers.". "The change in commissions, on the other hand, left spending substantially unchanged: with the same operations and services used, the overall cost of managing a current account would have decreased by just under 0.2 euro" (ANSA).