o/t International Banking.....

[the_idiotb_stardson]

Sent some money to USA and got charged £9 by my bank. The recipient of the money also got charged twice this amount, from their bank in America.

What exactly do the banks do to "earn " this money. I have been told by someone who works in a bank that is literally a few clicks on the mouse and takes about 90 seconds. Double that for the recipient and we are talking 180 seconds work of gruelling hard "work".


So yesterday a deduction of £27 for 180 seconds work.


It didn't used to be like this. Wasn't it the Blair government who introduced all these bank charges?


Anyone shed any light on this scandalous practice?

[Exiletyke]

Insurance companies the same
Wife sold her car & rang to cancel insurance was charged £50 for the click or two of a button
But they all do it but we have a choice you know

[the_idiotb_stardson]

Insurance companies the same
Wife sold her car & rang to cancel insurance was charged £50 for the click or two of a button
But they all do it but we have a choice you know

do we?

[Paul Waring]

I use Paypal all the time.

[Exiletyke]

do we?

No

[WanChaiMiller]

Sent some money to USA and got charged £9 by my bank. The recipient of the money also got charged twice this amount, from their bank in America.

What exactly do the banks do to "earn " this money. I have been told by someone who works in a bank that is literally a few clicks on the mouse and takes about 90 seconds. Double that for the recipient and we are talking 180 seconds work of gruelling hard "work".


So yesterday a deduction of £27 for 180 seconds work.


It didn't used to be like this. Wasn't it the Blair government who introduced all these bank charges?


Anyone shed any light on this scandalous practice?

Interested to know how Blair managed to add these charges to American banks?

[the_idiotb_stardson]

I was speaking about UK banks. To be honest I don't know for sure that it was Blair, Wan Chai. I was told that it was Blair but can't find any evidence of that on the internet. The charges seem to pre-date Blair by many years.

I am a novice with the banking etc but am having to learn pretty quickly at the moment.

Got a feeling gm-gm was quite up on this stuff?

[WanChaiMiller]

I was speaking about UK banks. To be honest I don't know for sure that it was Blair, Wan Chai. I was told that it was Blair but can't find any evidence of that on the internet. The charges seem to pre-date Blair by many years.

I am a novice with the banking etc but am having to learn pretty quickly at the moment.

Got a feeling gm-gm was quite up on this stuff?

Would be fairly sure banks are perfectly adept at creating their own charges without Blairs intervention. Nice try to get some anti Blair mantra rolling.

[the_idiotb_stardson]

Would be fairly sure banks are perfectly adept at creating their own charges without Blairs intervention. Nice try to get some anti Blair mantra rolling.

FFS.... A conspiracy in every thread!

Do I really need to create anti Blair views ? WMD and all that. He did a great job of creating his own anti- Blair sentiment.

[Paul Waring]

FFS.... A conspiracy in every thread!

Do I really need to create anti Blair views ? WMD and all that. He did a great job of creating his own anti- Blair sentiment.

Love your stuff. Reminds me of when I saw Tony Newley play Littlechap in the musical Stop The World I want To Get off! Each time something bad happened to Littlechap he shouted to the audience; "Stop the World!"