During a calendar year, you made several cash withdrawals from your own current account for a total of €17,500 and the other account holder made several cash withdrawals from their own current account for a total of €16,500.
These withdrawals fall within the first fee bracket and will not attract a charge.
Later that year, you make a cash withdrawal of €2,000 from your joint current account.
In the rate calculation, 50% of this amount will be charged to your account and the other 50% to the other account holder’s account.
For you, this €1,000 falls into the second fee bracket, which carries a charge.
For this cash withdrawal, you will pay €7.50 (€2.50 + 0.50% * €1,000).
These costs are debited to the joint current account.
Every subsequent cash withdrawal which you make in this calendar year will fall entirely into the second fee bracket.
The other account holder has withdrawn a total of €17,500 with this withdrawal, which still falls within the first fee bracket and does not carry a charge.