FJ
Fakier J

1 reviews | Active since May 2018

19 Feb 2022, 10:09

Banks are coining it!

Banks are charging huge fees per ordinary transaction. Banks charge between R1 and R2 (or more) per transaction. Wealthy people can afford this but not the poor. Banks apply excessive fees for simple e-transactions raking in millions and over time, billions of Rands from fees alone. Mostly the poor who are adversely impacted. This is *********. I am of the opinion that where Banks charge R1 - R2 per transaction, they should (to make normal profits) charge R0.20 -R0.40 per transaction! Their fee structure is exploitative and UNREASONABLE!

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