Double standards

I’ve just had a stressful morning trying to pay a bill online, spending valuable vacation time on the phone to my bank in Canada. All safe and sorted now (I hope, but you can never tell with banks) and way more expensive than I wanted. I lost out on charges and exchange rate differentials. When I tried to pay the bill you’d think I was staging a smash and grab on a diamond deposit the way these guys carry on. You tell your local branch you’re going away (“Have an awesome time!” With a big happy smiley face). Use your secure ID to transfer funds between your accounts, all the while on the phone (International call, telling them who and where you are) to Bank tech support. Yay! Easy peasy. Try to transfer via the banks byzantine international money transfer? “Sorree. Security flagged it up as unusual activity and cancelled your transfer.” Which has led to much grinding of teeth and tugging of what little hair I have left. FFS! Whose fucking money is it? My bank are quite content to accept funds from my Brokers, yet ask them to pay exactly the same company so I can do a quick, efficient, less than 24 hour transfer? You got it – no fcuking way. When I get home my banks customer service department will be getting an ear bashing. My money has to work, to move, to breed, and they’re getting in the way.

Large companies use currency brokers all the time. I know because I used to run tech support on the applications side. Transfers of millions went through every day and the banks never blinked. Try that as a private citizen. Even after double confirming your identity and bank details. Go on. Clucking bell. The big guys use third party money transfers all the time, yet can I do so as a private individual? No. I run headlong into the brick wall of ‘money laundering’ restrictions, even when I’ve already jumped through all the hoops of account verification, exemption forms and the like. Then I have to pay the banks extortionate charges and loaded exchange rates, which can lose me up to a hundred bucks a transaction. I can buy a lot of wine with that. Especially here.

To make matters worse, we’ve run out of wine to lower my blood pressure, so I’m off out in a few moments to replenish supplies. At this rate I’ll be making a serious dent in the much-vaunted EU ‘Wine lake’. Well, at 2-5 Euro’s for a half way decent bottle I can do that. A lot. To add insult to injury, I haven’t smoked for over thirty five years, but I’m eyeing the displays of cigarillo’s right now with fond nostalgia.

Maybe I need a better bank.

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3 thoughts on “Double standards”

  1. Should have got your “Assurances” in writting. Then sue the arses off them when you get back.

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    1. My brokers were good about it, and since they know I’m going to be repeat business, waived the contract penalties. Pissed off at my bank, who threw an unwanted spanner in my works. However. We’re all good. Our apartment is paid for, and the bank is a battle for another day. Pass the bottle. I need a drink!

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