A package account includes the management of a payment account (for example, a current account) as well as the provision of a range of products and services associated to it. A single fee – associated to the maintenance of the package account – is charged by the institution for the joint management of the payment account and the associated services.

The package account is distinct from the basic bank account and standard account since the services associated to the basic bank account and the standard account are standardised and therefore the same in all institutions. The associated services and characteristics of the package are freely established by the institutions offering them.

You can obtain more information on the terms and expressions used in the Fees Comparator in the glossary available here, which is also accessible via the relevant button on the bottom tool bar.