Retired individuals can receive their pension through Millennium Bank, with no costs

Publish date: 11-03-2013
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Retired individuals can now receive their monthly pension in a current account opened with Millennium Bank, with no costs. The bank's newly launched Pension Account provides free of charge access to funds through the Visa Electron debit card, along with the Internet Banking and Call Center services. The bank requires no minimum amount at account opening.

Pension Account holders benefit from zero monthly administration fee, zero fee for issuing and administrating the debit card in the first year, free of charge cash withdrawals from Millennium Bank's ATMs and zero administration fee for Internet Banking and Call Center services. The balance inquiries at Millennium Bank's ATMs are also free of charge.

Clients who own a Pension Account also receive discounts of up to 30% when using the card attached to the account to pay for goods and services at the bank's merchant partners, through the Discount Program. The bank's network of partners is made of approximately 130 merchants with 300 locations all over the country and covers various fields: medical services, house and garden products, tourism, restaurants, health centres, electronics, stores etc.

In addition, the bank charges no fee for individuals Internet Banking payments in amount of up to 200 lei (only TransFond fee is charged), thus encouraging utilities bills payment through fast and convenient means.

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