Tuesday, January 15, 2008

What a rip off.... HSBC again

I cannot believe it! Since when you have to pay a handling fee to withdraw your own hard earned cash? Well HSBC apparent seems to! If you withdraw too much, you are subject to a US$10 handling fee at the bank!!! What? They don't have machine to count and that's the manual counting charge for a teller to count out the notes to customer? I think I will go in twice the same day and withdraw. That's silly.

The bank got such complains about a month ago that, it stopped another "silly" policy. For the sake of "eliminate line-ups" at ATM machine, the bank had forced people to withdraw a minimum of HK$300.00 at anyone time. This, so the theory goes, will eliminate line-ups at ATM machines. If that is true, wouldn't the machines ran out of money faster? After two days or so of this new policy, the bank backed down due to unexpected large volume of complains from customers and from the legislators.

Wonder who's running the bank up there? Air heads?

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