>Australia has one of the world's best banking systems:
>1. Internet banking is cheap, widely used and useful (Westpac
charges me
>25c per BPAY or direct transfer, transfers between Westpac customers
clear instantly and to other banks within a banking day, can download
records to financial softwa
>>If bank fees are high, as you seem to be saying, bank branches
should be profitable if they have custom. Bank branches have been
closed down, are being closed down and will continue to be closed
down because the fees from branch use is less than the costs of
providing the branch services.
If
I believe it. As I've said before on the list (and many more times
off-list!) Australian banks are the biggest bunch of crooked f*cks in
the country, and that's including the politicans and the lawyers.
Banks here regularly steal customer's funds (sometimes substantial
amounts, sometimes minor