The standard account is a standardised current account.

Regardless of the institution that markets it, the standard account always has the following set of services associated to it:

• Opening and maintaining a current account;

• Provision of a debit card to operate the account;

• Access to the operation of the account through ATMs, homebanking service and credit institution’s branches (institutions may limit the number of withdrawals made in branches to three in the same month);

• Execution of deposits, withdrawals, payments of goods and services, direct debits and domestic intra-bank transfers.

Credit institutions set a maintenance fee for the standard account.

In other current accounts, the maintenance fee covers the services that each institution indicates. The services associated with currents accounts vary from institution to institution. For example, institutions often cover stand-alone fees for over-the-counter operations and for the issuance of a debit card, in contrast to what happens with the standard account. Thus, in other currents accounts, customers must take into account not only the maintenance fee but also the fees charged for the services associated with those accounts.