Higher fees are coming for customers of Republic Bank Ltd from Friday, after the country’s largest commercial bank announced a sweeping round of increases across everyday services.

The changes affect both routine transactions and penalty charges, with higher costs for basic services as well as steeper fees for overdrafts, missed payments and insufficient funds.

Notable increases include higher charges for overdrafts and insufficient funds, with NSF fees rising from $34.50 to $57.50, overdraft fees increasing from $30 to $57.50, and some loan late-payment penalties doubling to as much as $100.