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Fiona Prompts Oriental Bank to Wave Fees For USVI Clients

Business Published On September 22, 2022 04:49 PM
Staff Consortium | September 22, 2022 04:49:01 PM

Oriental Bank announced Thursday that in an effort to help its clients following the passage of Fiona, the bank will not charge its customers late payment fees on their loans, including personal, auto, mortgage or commercial loans, lines of credit and credit cards.

The late payment fee waiver will be automatic and effective from September 16 through September 30, 2022, the bank said.

Oriental said it will also waive fees for balance inquiries made at ATMs outside its network from September 16 through September 30, 2022 as well. Fees imposed by the ATM owner still apply.

Additionally, the bank will waive withdrawal fees for customers of other financial institutions who make cash withdrawals at Oriental ATMs from September 22 through September 30,2022.

“At Oriental, we are aware of the difficulties that many families may be experiencing due to Fiona. These measures are taken to help people whose finances have been affected by the storm and its aftermath,” said Idalis Montalvo, director of Marketing and Public Relations for Oriental.

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