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FGD. What is this?

PostPosted: Tue Jul 11, 2017 1:38 pm
by Citrusy
Hello folks,
I hope you can offer some advice. I have just received my bank statement. One line on the statement gave me cause for concern.
The bank has charged €442 for something called RGD! The information attached to this, is in Spanish legal jargon.
I am at present in the UK or I would visit the bank.
Any information will be welcome.
Thank you

Re: FGD. What is this?

PostPosted: Tue Jul 11, 2017 2:29 pm
by marcliff
You put FGD in the title but RGD in the text. It may help if you put the "legal jargon" on.
The only FGD I know of is the Fondo Garantia de Depositos, this is the fund that the banks have set up to guarantee the first €100,000 of holdings but I haven't heard of having to pay for it.

Re: FGD. What is this?

PostPosted: Tue Jul 11, 2017 3:07 pm
by Citrusy
Marcliff thank you for your reply.
Finger trouble on the phone keyboard.
I will keep an eye on my account and will visit the bank on my return to obtain an explanation.