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Author Topic: What don't you like about Banks and Banks controlling your money  (Read 5406 times)
BagzMM
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September 13, 2018, 12:54:41 AM
 #281

In my opinion, banks could really help our economic development. But what i don't like when theirs a system problem, the interest rate, and they control the money.
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September 13, 2018, 01:33:30 AM
 #282

The freezing of customers' accounts by banks in collaboration with so called government officials happens occasionally and it is what annoys me the most about banks. It is the most lawless part of banking industry.  They can be easily told what to do by the President and his/her people whether the court agrees or not.



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September 13, 2018, 02:15:46 AM
 #283

what I don't like bank controlling my money is that banks make huge profit from our money and if problem arose they would be less concern about. if there are new development information would not circulate on time.
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September 13, 2018, 03:25:38 AM
 #284

Yes, I have received unsatisfactory service from the bank, they offered me the bonus and advantages from the beginning, but when I decided to join and become a customer it was not proven other than that the rules were very telephoto and wasted my time when taking care of the requirements it makes me very upset, and what pisses me the most is that the money I invested did not develop that over time the amount owed because of the high administrative costs, that's why I decided to invest in bitcoin now
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September 13, 2018, 03:45:08 AM
 #285

It's because the bank can see everything in your account, that is why the best option is to be your own bank. You control your wallets, your transactions, etc.
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September 13, 2018, 05:38:07 PM
 #286

I am okay with banks, they help me a lot and provide jobs too.  Something I didn't like is if your bank account didn't have enough money to make enough  interest to pay the monthly administration fee.
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September 13, 2018, 05:57:34 PM
 #287

Firsty, them deciding what is suspicious and not suspicious

Not everybody is an employee working for someone. Some people are entrepreneurs, and as an entrepreneur, you can have some HUGE days. I don't need a bank telling me that my successful day where i made $20k+ is suspicious if I want to withdraw all of it. (people have been arrested for making large withdraws before).

Also, banks freely allowing their customers to scam business (via chargeback). Instead of blindly chargingback purchases and screwing over merchants, visa applicants should be required to take a course outlining the risks of credit cards, and Visa should do proper investigations when a chargeback is brought up.

If a tracking number and proof of delivery can be proved, why should the customer be given their money back?

ALSO, i recently looked into banking investment options. It comes across as a way to just make more money off customers. Think of it like this. It's like it's just them taking your money so they can invest it in polyniex. I only tried it out cause my family (who doesn't know about bitcoins) encouraged it.

Do you have any gripes about banks
The main thing I hate about banks is that they ask about the purpose of my transactions and require the proof what I need my funds for if I want to withdraw them from a deposit.
I understand that all this is targeted on prevention of money laundering, but in case of a small investor like me it is not their business whether I want to buy a new car or organize a decent holiday for my family.

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September 15, 2018, 08:42:29 AM
 #288

They were assigned certain duties to be completed before stipulated time. This at times cause mistake and make the customer suffer. Importantly saving in terms of bitcoin is safer, but if it's lost then it's lost forever, but with banks we can claim indicating all that happened between time period.
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