There are much debate on the behaviours of banks now adays. The fact is that more and more financial institutions are adopting what we call the highway robbery technique. Do you have the same opinion? Well I do.

For one, there should not be bank charges in maintaining your current account. We as the consumer is depositing cash for the rolling capital for borrowings by the bank, they why should we bear more costs in doing banks a favour? I mean, does it require a lot of money for maintaining an account? Just imagine, if 100,000 accounts is charged $10 a month, how much of access cash does the bank profit from these bank charges? I would urge all the bank’s customers to compare saving accounts and choose the best rates given by banks to counter this problem of accessive charges by the financial institutions.