christnatimchiem01 christnatimchiem01
  • 25-04-2021
  • Business
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A no-frills account often has no fees.
A. True
B. False

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prasannalakshmi9049
prasannalakshmi9049 prasannalakshmi9049
  • 25-04-2021

False.

Explanation:

in addition to the service charges applicable to the no frills account was substantially lower than that of the regular savings accounts as a result the zero balance requirement that most banks offered,the account became commonly known as ZERO BALANCE ACCOUNT.

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