Wachovia has announced that there will be several fee changes to their banking system. These changes seem to be sweeping changes across a portion of the banking industry as Bank of America also seems to be doing a similar fee adjustments.

Here are some of the changes being made at Wachovia. Please note that none of these changes will have any effect on Wachovia online banking:

* A $2 fee will be implemented for any customers receiving paper statements in the mail with images of canceled checks. Customers can avoid these additional fees by requesting that no images be attacked to their statements, or simply using Wachovia’s online banking portal to view the checks.

* No More waived fees for customers who use other bank’s ATM machines. In the past Wachovia had waived any fees, some which can be as high as $3 per transaction, when customers used ATM machines not operated by Wachovia. “With more than 12,000 combined ATMs around the country, including about 200 in Charlotte, Wachovia believes customers can find a machine to meet their needs,” spokesman John Dunn stated.

The overall shift to online banking is one that will likely save the banks millions of dollars every year as well as take less a toll on the environment.