Epstein File EFTA01563334: Allowance (DS10)

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💨IMPACT LEVEL 1 — MEH

Epstein File EFTA01563334: Allowance (DS10)

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This document describes a banking fee structure from JPMorgan Chase Bank, N.A. for noninterest-bearing business accounts. It explains that monthly Fee Allowance Rates are calculated based on current market conditions and can be used to offset monthly fees. The allowance calculation is determined at JPMorgan Chase's discretion and is based on the number of days in the billing cycle.

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allowance

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Excerpt 1

Each month the noninterest-bearing funds in a business Account will earn a Fee **Allowance** Rate that is based on the current market conditions.

Excerpt 2

The Fee **Allowance** Rate calculates an **allowance** that can be used to offset monthly fees.

Excerpt 3

the result by the Fee **Allowance** Rate determined at JPMorgan Chase Bank, N.A's discretion and by the number of days in the billing cycle divided by the