Monday, December 15, 2008

Vampire sucking Blood......

Today i read an article in the Star newspaper by soo ewe jin....regarding how's paying your bill online with a cost.....banks in Malaysia really making money from our effort such as paying bills, withdraw money and etc....every bill payments done we were charge between RM0.50 to RM2.00 for each bill....and when we withdraw money for the fourth time we were charge RM0.50 for every subsequent withdrawal....in terms individually maybe this is just a small amount but if you look at a bigger picture the banks had made this a lucrative extra income on their side.

We as a user what benefit that we get....only a low interest rate on your savings acc or current account.....this banks are like a hungry vampire sucking every drops of blood inside our body.....maybe 1 out 400,000 thousand people are fortunate to gain some gift from the banks when they introduce competition.....but do we make money out of it...i don't thinks so.....

Anyhow we did not have an option the only option that we have are to choose which banks offers less charges...
In the current global financial crisis a lot of banks especially oversea are affected by this....our banks for the time being are safe from it...i;m sure they doing their to get our money to ensure their survivability...will there be any other small chargers impose by banks in the near future...hope not....

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