Exhorbitantly High RIP-OFF Bank Fees

<p>I am a pensioner operating as a Business BROKER. FNb have been raised their fees progressively. As a business broker I am required to have a Trust Account where customer deposits are kept for pending transactions. The account has been in existance for 20 years plus and there was no fee involved being a trust account. Little interest is earned. FNB now takes R48 p.m. from this account and I was told that it should actually be R105 p.m. I have to keep a minimum balance of R1,000 of which FNB takes R48 every month. So an account that earn little interest and where I invest customers deposits cost me as a Broker every month</p> <p>In addition we have a business cheque account and a so called investment call account. I opened the account on advice from FNB and use it to invest excess funds from the business to earn some interest. Well there is interest at 4.5% per annum. ha ha !! Any Internet transfer irrespective of the level attracts a fee of R50. last month we earned R630 interest on investment of R180,000. FNB took R500 in fees.</p> <p>In the good old days I earned significant interest on my Credit Cards on Credit balance. Now we earn ZERO Interest but beware if you go into debit. Yes they charge you >14% interest. The banks literally print money by charging 5% on every credit card transaction luckily the supplier of goods pay this. The fat cats get fatter and the customer just becomes poorer. I am sick of this situation!!!</p>