Bank Charges

[Troubadour]

Yeah, you and the Bank agree to terms and conditions... and then the bank changes the terms and conditions. Originally money transfer UK to Philippines 10 Pounds - next day 20 pounds = 100% rise. In Philippines you had to keep a 5000 peso balance, next day it is up to 25.000.

The banks have behaved in the most thoroughly short-sighted and unruly manner for years. As soon as their schemes go pear-shaped they start hitting the poor saver.

The banks are filthy scum. Everyone laughed when the miners were sacked and the manufacturing base closed down in this country. Now the evil is coming for the white-collared workers... and you expect me to be sad. I am very sorry, but I don't give a fig about the arrogant bunch of toe-rags.

[KeithD]

Yeah, you and the Bank agree to terms and conditions... and then the bank changes the terms and conditions.

Which they have every right to do. If you don't agree you move banks... simple

Most banks in the Phil charge for depositing money .... and if you have a business account like me you pay for every single transaction which adds up to a hell of a lot of money each year.

[Troubadour]

Which they have every right to do. If you don't agree you move banks... simple

Most banks in the Phil charge for depositing money .... and if you have a business account like me you pay for every single transaction which adds up to a hell of a lot of money each year.

That;s exactly what I did ... Simple.

Questions should be raised about what rights the banks should have.

Soon there will be no cash - soon all employers will have to pay to bank accounts. When you have no choice about having a bank account, then the regulation of the banks should reflect the necessity.

Please don't talk about free markets and good deals - It is all rigged by them. They buy the politicians of both sides and get laws passed to give them rights they should not have.

[IainBusby]

Soon there will be no cash - soon all employers will have to pay to bank accounts. When you have no choice about having a bank account, then the regulation of the banks should reflect the necessity.

There used to be a 19th century law called the truckers act which was repealed by the Thatcher government in the 1980's. It was introduced to stop companies paying in tokens that could only be spent at the company store or paying in kind with goods and services.

The reason the tories repealed it was because the law said that all workers had the right to be paid in "coin of the realm" and the trade unions used this law to stop companies forcing people to have their wages paid by cheque or directly into a bank account.

Seems that wherever you find problems you'll find "maggie wos here" scribbled on the wall.

[September]

In Philippines you had to keep a 5000 peso balance, next day it is up to 25.000.

We call it maintaning balance, if you want to use it to avoid charges, withdraw it and close the account, so they wont charges you for failing the minimum maintaning amount..

Bank in the Philippines never charge if your trying to open an account with them nor depositing an account

Metrobank had interbranch deposit charge, yes 50 pesos if your in province and you will deposit an account which based in manila, oh well as well as BDO now they had charge for interbranch deposit

[Troubadour]

We call it maintaning balance, if you want to use it to avoid charges, withdraw it and close the account, so they wont charges you for failing the minimum maintaning amount..

Like I said, I did change the account.

[Alan]

I must hang my head in shame. I got into a lot of financial trouble with my business. I owed lots of money when I left the UK - and, thanks to circumstances, I still do.

Send us a cake with a file inside guys when I get back to UK.

Al.