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w0nderer

(1,937 posts)
15. In Sweden you'd have to find a different bank too most likely
Sun Aug 14, 2016, 03:16 AM
Aug 2016

Most Swedish banks don't handle cash anymore aside from a third party ATM in the outside wall.
so no 'tech support' for the atm, and no instant refills in case it's been emptied


Just to mess with the poor, the banks have fees on debit cards in the range of $30+ yearly with no waivers (none of the 'maintain balance' or 'have loan here' or 'accept direct deposit here' or 'pay bills online with us'....speaking of, internet banking is also an extra fee for a lot of the services)

Sweden has taken what is bad in the US bank system(no interest on debit accounts, fees on merchants, fees on bank accounts), and what was bad in the Swedish system(no waivers on fees, fees on debit cards, no cash), and combined it to make a fantastically bad system that only benefits themselves

no interest
fee on merchant
fee on bank account
fee on debit card
no waivers
no cash

no cash handling except for large offices (as in a couple of hour drive sometimes) for companies either ...so keeping a register/cashbox stocked is difficult

force no cash, debit only...then charge for debit
win win and win for the bank

Recommendations

0 members have recommended this reply (displayed in chronological order):

Only the top 1% really count. guillaumeb Aug 2016 #1
This is concerning get the red out Aug 2016 #2
The Banking Cartel WheelWalker Aug 2016 #3
Debit cards PJMcK Aug 2016 #4
People without plastic money and smartphones are useless eaters FrodosPet Aug 2016 #5
There are some germaphobes that push very hard for cashless stores bluestateguy Aug 2016 #6
The poor germaphobes FrodosPet Aug 2016 #8
My daughter shadowrider Aug 2016 #17
For the most part 2naSalit Aug 2016 #7
Simple retail transactions FrodosPet Aug 2016 #9
aw I loved Mitch Skittles Aug 2016 #14
You'll have to pay a fee to buy a debit card. GeorgeGist Aug 2016 #10
In Sweden, I would bet that the poor don't have to worry Curmudgeoness Aug 2016 #11
Would have to find a different store dembotoz Aug 2016 #12
same here Skittles Aug 2016 #13
In Sweden you'd have to find a different bank too most likely w0nderer Aug 2016 #15
Unpossible FrodosPet Aug 2016 #16
hmmm let's see w0nderer Aug 2016 #18
Latest Discussions»Retired Forums»Working Poor»Stores to customers: "Cas...»Reply #15