FLEECED LIKE SHEEP

Fleeced like sheep; Nadia and I visited the bank with a view to transferring €400 to a non-EU bank. No problems except that there is a bank transaction fee of €45.

Thankfully we have a non-EU national who told us of a local internet café where the transaction can be done just as securely - for €6. She has never had a problem.

So, how come banks are said to be failing and need to be supported by each EU countries taxpayers? It all stinks to high heaven.

Within this 45€ is the tellers wage's, the insurance's, the rents, the rates, the upkeep of the premise's,  the insurance of the transaction, the security of it all, etc , etc.

Within the 6€ is nothing, and 'IF' you did have a problem...Well.

It's called business.

It is hard to justify a 45€ fee when other companies can offer you the same service for less than 10€, but banks have always been like this and they probably always will be.

I use Paypal for money transfers. They are cheap, secure and very quick.