Multiple Choice, Single Answer (Core)

Read the text and answer the question.

Ravi received his bank statement and noticed a $12 monthly maintenance fee he had not expected. He called the bank to ask why. The agent explained that his chequing account waives the fee only if the balance stays above $2,000 at all times during the month, or if he sets up a recurring payroll deposit. Ravi's balance had dropped to $1,400 for a few days after paying rent, and he did not have a payroll deposit set up. The agent suggested switching to a different account type with a lower minimum balance requirement, which Ravi agreed to consider before his next statement.