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B of I business customer charges to rise

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    #2
    ScouseMouse
    Closed Accounts Posts: 5,070 ✭✭✭ScouseMouse


    I agree, thats just nasty, but they did announce a loss of 2.1 BILLION this morning.

    As a business, they will charge more to make money and it will ultimately be passed onto the consumers.


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    #3
    Indo404
    Registered Users Posts: 91 ✭✭Indo404


    Why not start by looking at their own costs instead (the easy option) of charging customers:
    "Twenty four Bank of Ireland (BoI) executives are in receipt of salaries of more than €400,000 a year, the Minister for Finance has said.

    Michael Noonan also told the Dáil that 193 of the bank’s senior officials were on salaries of more than €150,000.

    Eighty four have annual pay of between €150,000 and €199,000 and a further 66 are earning up to €299,000and 19 receive annual wages of between €300,000 and €399,000."
    from: http://www.irishtimes.com/newspaper/breaking/2012/1115/breaking52.html


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    #4
    keithclancy
    Registered Users Posts: 9,208 ✭✭✭keithclancy


    Indo404 wrote: »
    No competition between banks any more :( They can charge what they like. In other EU countries no extra charge for international payments.

    http://www.irishtimes.com/newspaper/finance/2013/0304/1224330751900.html

    Germany is about the worst I've experienced. You get charged for absolutely everything.

    Even going to an ATM in a different city with the same bank e.g. Sparkasse, incurs an extra fee.


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    #5
    mikeym
    Registered Users Posts: 3,985 ✭✭✭mikeym


    Their charges are pure robbery :mad:

    They really dont care about their customers.

    Were basically paying for the sponsorship of Leinster and Ulster rugby and banker bonuses.


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    #6
    Islander13
    Registered Users Posts: 1,218 ✭✭✭Islander13


    mikeym wrote: »
    Their charges are pure robbery :mad:

    They really dont care about their customers.

    Were basically paying for the sponsorship of Leinster and Ulster rugby and banker bonuses.

    They're simply passing on the cost of a service. Current accounts were formerly loss leaders, not any longer. Given the Banks are state owned I think its fair enough the people who use a service pay for it.


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    #7
    andreas_220D
    Registered Users Posts: 281 ✭✭andreas_220D


    mikeym wrote: »
    Their charges are pure robbery :mad:

    They really dont care about their customers.

    Were basically paying for the sponsorship of Leinster and Ulster rugby and banker bonuses.

    "What is the crime of robbing a bank compared to the crime of founding one?" (Berthold Brech, 1931 IIRC)


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    #8
    mikeym
    Registered Users Posts: 3,985 ✭✭✭mikeym


    So its fair that people who have less than €3000 in their current have to pay these charges. These are probably people on low paid jobs.


    Its f***ing snobbery thats what it is. I dont mind paying a small charge thats reasonable and fair but its completly unfair :mad:


    Ye must be earning lots of money to be worried about bank charges.


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    #9
    keithclancy
    Registered Users Posts: 9,208 ✭✭✭keithclancy


    mikeym wrote: »
    So its fair that people who have less than €3000 in their current have to pay these charges. These are probably people on low paid jobs.


    Its f***ing snobbery thats what it is. I dont mind paying a small charge thats reasonable and fair but its completly unfair :mad:


    Ye must be earning lots of money to be worried about bank charges.

    I think you're mixing up a charity with a business.


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