The Bank of Israel is encouraging bank customers to haggle over the level of the bank fees they will be charged under the new bank fee tariffs which are taking effect today. "The reform will enable customers to compare banking services fees," said the central bank ahead of the fee reform. "Bank customers should examine the cost of service fees in relation to their banking needs and check fees charged at other banks. It is important to emphasize that the bank service fees in the new tariff are maximal charges. Customers can and should negotiate with the bank over the height of the fees." In addition, the Supervisor of Banks is calling on customers to check whether they could be entitled to discounts or benefits awarded to members of certain clubs or groups, or because they belong to a certain population group. Starting today, the Bank of Israel Web site (www.boi.gov.il) will feature calculators for customers to use to figure out the cost of checking accounts and credit cards. The new service, which is part of the bank fee reform, is intended to be one of the main tools for consumers to find the bank that offers the best services for their personal banking needs at the lowest prices. The bank will also publish comparative basic bank fees for checking accounts, credit cards, securities, and fees for managing small business accounts. Furthermore, bank customers will be able to download a price comparison statement, which will be handy when negotiating with their banks over fee plans. For the consumer public with little or no access to the Internet, the Banking Supervision department is opening a phone line (02-655-2680) for queries and clarifications, which can also be sent via e-mail (firstname.lastname@example.org). A comparison of the new bank fee tariffs shows that Bank Ben-Leumi and Union Bank fees are the most expensive for managing a checking account and Bank Hapoalim's fees are the cheapest. Bank Leumi is the cheapest bank for customers with little activity in their checking accounts and for those customers who make general use of teller services.