← Back to context Comment by xxpor 3 years ago is the fee on a per bank or per account basis? 5 comments xxpor Reply toomuchtodo 3 years ago Per routing number, so effectively per bank.Edit: (throttled, can’t reply) GSIPs (globally systemic important banks) like JPMC with multiple routing numbers are the exception, not the rule. nodesocket 3 years ago Typically banks have many routing numbers[1], but it seems like they grossly undercharging banks here. Should be like $500/mo per routing number, that's still chump change for banks.[1] https://www.gobankingrates.com/banking/banks/chase-routing-n... jaywalk 3 years ago Per bank. $25/month/account would be insane. Tommstein 3 years ago At a whole $25 per bank, why even bother charging anything? xxpor 3 years ago Yeah, that's why I asked. Either it's insanely expensive, or insanely cheap!
toomuchtodo 3 years ago Per routing number, so effectively per bank.Edit: (throttled, can’t reply) GSIPs (globally systemic important banks) like JPMC with multiple routing numbers are the exception, not the rule. nodesocket 3 years ago Typically banks have many routing numbers[1], but it seems like they grossly undercharging banks here. Should be like $500/mo per routing number, that's still chump change for banks.[1] https://www.gobankingrates.com/banking/banks/chase-routing-n...
nodesocket 3 years ago Typically banks have many routing numbers[1], but it seems like they grossly undercharging banks here. Should be like $500/mo per routing number, that's still chump change for banks.[1] https://www.gobankingrates.com/banking/banks/chase-routing-n...
jaywalk 3 years ago Per bank. $25/month/account would be insane. Tommstein 3 years ago At a whole $25 per bank, why even bother charging anything? xxpor 3 years ago Yeah, that's why I asked. Either it's insanely expensive, or insanely cheap!
Tommstein 3 years ago At a whole $25 per bank, why even bother charging anything? xxpor 3 years ago Yeah, that's why I asked. Either it's insanely expensive, or insanely cheap!
Per routing number, so effectively per bank.
Edit: (throttled, can’t reply) GSIPs (globally systemic important banks) like JPMC with multiple routing numbers are the exception, not the rule.
Typically banks have many routing numbers[1], but it seems like they grossly undercharging banks here. Should be like $500/mo per routing number, that's still chump change for banks.
[1] https://www.gobankingrates.com/banking/banks/chase-routing-n...
Per bank. $25/month/account would be insane.
At a whole $25 per bank, why even bother charging anything?
Yeah, that's why I asked. Either it's insanely expensive, or insanely cheap!