Customer in the story wired all the funds in her account, more than half of the median average UK salary, to the scammer; she wired £17500 ($22948 USD).
Do you really pay that much in bank fees to warrant covering you making a mistake like that?
No I don't. I'd prefer to be handed actual notes of money for my wages rather than deal with the bank and pay them for the pleasure. But that isn't an option.
Where do you live? If you are in the US then there is plenty of fee free banks, mostly online banks. You seem to be paying more in fees than necessary.
Please correct me if I'm wrong, but last I looked the trend is toward:
- Traditional banks are jacking up fees
- For people who already don't need it (good credit, savings) those fees can be waived
- Credit unions can reject you for credit scores (obvs)
Where do the online banks fall on that spectrum? If you need good credit or stable cash you can't spend, it leaves a whole lot of people out in the cold. Never mind that a lot of the same class of people can't always reliably use the tubes to do their transactions (phone primary Internet device, often shut off, often changing numbers).
New Zealand. We have very few banks and they are a broadly similar. Your giving me a few ideas about trying to use something different and it's probably time I had a look around again.
Do you really pay that much in bank fees to warrant covering you making a mistake like that?