Hefty Bank Charges
July 28, 2007 – 1:10 amJust two days ago, I was discussing with a friend about the various bank charges that I have to pay. My friend has just opened a savings account with another bank and was telling me that he has received great service and that most of the banking facilities are free, unlike mine where I have to pay for every little thing.
My friend told me to switch banks but it is easier said than done. As an etrader for two years already, I have used this account and it is very convenient for my Buyers. This bank has the best network in the country and you can find it even in rural areas and that means it is easy for my Buyers to deposit payment for their purchases.
Having said that though, I have thought of opening another current account with another bank and if I do, I will close the one I have with this bank because there is no point in having two current accounts, right?
I read in an article that banks are not supposed to impose hefty charges on their service and that some customers have already taken their banks to task and have successfully reclaim bank charges. Well, that will be the day when this happens here!
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