Traditional banks and their unending charges: What is the way out?
Before now, I didn't take notice of the charges that banks take whenever I do a transaction. I just started noticing it recently and all I can say is that these people are gradually turning to criminals. I sent some money to my friend recently and I got a debit alert for the transaction and another one for electronic charge. Wait, what is electronic charge?. I thought it was meant to be for POS machine operators? Since when did using my bank app or the USDD code become electronic that they have to take charge?
The one that got me angry was when they removed some amount of money for what they termed ATM maintenance when I hadn't even collected it then. I applied for an ATM last month and because of the cashless policy crises, I haven't been able to get to the bank to do anything. The last time I went, I was told that there was no network and they asked me to return again the following week. I was so surprised when I got debited for maintenance of what I hadn't even gotten.
At this rate, I have decided to cut ties with banks. I will either use my piggy bank or better still save my #hbd here on hive where I will be receiving 20% APR. One beautiful thing about saving your #Hbd is that there are no charges whatsoever that will warrant any reduction of your money.
Imagine depositing #30 in your account and when your bank send you the credit alert, you are seeing #29 as your account balance. It can be very annoying especially when you have planned what to do with the money.
There are so many ways to save here on #hive. You can either save your HBD, or you can buy some tokens and Hodl.
Note that this is not a financial advice
Saving in crypto has its own advantages and disadvantages. If there is a pump, you are sure of making enough profit. However the profit may also not come due to the instability in the crypto world. But for me, I have decided to save with my piggy bank and save here on hive too.
I have officially washed my hands of traditional banks for now.
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They are not Gradually, they are already thieves dear
Just couple of months ago, I received almost# 800 debit just because of SMS charges and I keep thinking what's all this.
Recently, I've been using Opay as my first bank, hopefully it comes to my aid because what local banks are doing to me is too bad
Ye people are using okay these days but my fear is that I don't even know where their office is in case they japa with my cash
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😃😃😃
That has been my fear since 2018 I started using it oh.
Well, you might subscribe to using Kuda or wema, these two have buildings at Lagos
It is wema that have been dealing with me like this o. My bro recommended Kuda to me. But let me rest and use my piggy bank for now
Piggy is still okay just that all those their mini issues Dy tire me 😂