When consulting a CODA statement of a BNP Paribas Fortis account, you notice that the net amount shown in the statement does not correspond to the gross amount minus the fees (commission).


Why this difference?

The VAT applied to the fees is not mentioned by BNP Paribas Fortis in their CODA files


Example :

BNP Paribas Fortis transaction
Transaction : net amount376,23 €
Detail : gross amount377  
Detail : fees0,64  
Net amount  = 376,23 € +  0,64 € = 376,87  € Gross amount
Fees= 0,64 € + VAT 21% = 0,77 €
Net amount = 376,23 € +  0,77 € = 377 € Gross amount