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Bank Charges

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    #41
    punitive

    I wonder when they are going to have a look at the charge for using ATM's, 47p cost, £2.50 charge - scandalous!
    Always forgive your enemies; nothing annoys them so much.

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      #42
      Originally posted by vetran
      I wonder when they are going to have a look at the charge for using ATM's, 47p cost, £2.50 charge - scandalous!
      This is a fee for a service that is subject to market forces.

      Bank defauk charges are technically a charge for a breach of contract and are thus subject to a different set of rules.

      In any case, where do you get this 47p cost from. Is that the fee that the banks charge for performing the transaction. This isn't the only cost of running an ATM there are lots of other costs to add in.

      tim

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        #43
        Was it HSBC who sold a heap of money machines to company that charges to use its machines and on further inspection one of, if not the only, owner of that company was HSBC?

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