I think all of the things you mentioned in the thread are important for the banks to provide a good attractions to the customers, but the most important thing that the customers needs from the banks are:
1 Bank should have the more features for online transactions
2 Bank must give a good amount of interest for the savings accounts
3 Even if the location is not so good but the online features must be good ( Fast money transfer, Fast Bank to Bank transfer, 2 pin security, Transactions details, etc)
4 Top world currencies like Euro, Pound and Dollar must be easily accepted and converted their
5 A good Customer handling Staff.
In india the major problem is that the bank staff did not pay proper attention on handling the customer problems.
Topic: Design The Perfect Bank (Read 2115 times)
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
Fees: Obviously I want it all minimal.
Things it should offer: Good deals at affordable interest rates and flexible payment schedule.
Locations / Online only: If we'd be using digital fiat for these banks then I want everything available online. Less expenses on their infrastructure/personnel could translate to lower expenses for us. I wouldn't mind a few branches per city though.
What currencies should be accepted: Every.
We all like to say that bitcoin is a great bank and I agree with that. Still, we don't have some of the features we use our banks for though, for example loans and credit cards.
None is completely perfect (or imperfect either). ideally, to have the best Bank, should use the services of several banks! And i want to add: to open an account easily, quickly 100% online.The ideal is one that allows you to have a dedicated manager in an agency close to your home, and to totally manage my account online, In My opinion
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
For me, there is no perfect bank and nothing really perfect in the world.
The ones you mentioned, are those great offers for clients. I would say,here in my country would be better and more accessible if the government would allow bitcoin to legally accept it.
Honestly,bitcoin is better for me in terms of services compared to the bank( but I am not against their services). Each of them offers good service and benefits.
The perfect bank for me is something that would accept all or majority of investment instrument like Bitcoins and will not impose unreasonable high transaction fees.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
Fees: Obviously I want it all minimal.
Things it should offer: Good deals at affordable interest rates and flexible payment schedule.
Locations / Online only: If we'd be using digital fiat for these banks then I want everything available online. Less expenses on their infrastructure/personnel could translate to lower expenses for us. I wouldn't mind a few branches per city though.
What currencies should be accepted: Every.
We all like to say that bitcoin is a great bank and I agree with that. Still, we don't have some of the features we use our banks for though, for example loans and credit cards.
Good reputable financial service what will pay honest interest from my money stored.Multiply curencys with low cost swap possibility.Both online and offline bank
In my own opinion the design perfect bank should be no fees even the depositors withdraws same branch different location. Assisted well the investors, easy and fast transactions, and low fees to all investors. Lastly, the investors should be a happy despite the difficulty inline to deposits in the bank.
what would you guys consider the perfect bank.
No need to break our head to innovate a perfect bank system, I believe sometimes back bitcoin wallet itself was serving many people similar to a perfect bank. I mean to say when were having very low transaction fees, bitcoin wallet served as a perfect bank system.Honestly I do not need any other services because bitcoin wallet could provide all my needs. I'm able to send money to my parents who are in my home country and I'm able to save some money in the form of bitcoins. The only thing now we need to consider is transaction fees, it is relatively higher but compared to any other services we are still paying very less.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
All banks should be forbidden and lending money should be penalized by death.
I don't get why OP is even asking this, generally all banks have their own way of running things and as the saying goes "no body is perfect." Banks can't really be the best at everything its practically impossible to please every customer there is. It's not like you can tailor every aspect of the bank to really be suited for a particular customer.
The ideal is one that allows you to have a dedicated manager in an agency close to your home,
That is ideal, but online banks tend to not have luxury of having local offices.And i want to add: to open an account easily, quickly 100% online.
I prefer online banking. I have not visited my bank agency since about 3 years.
Opening account is easy, there is a problem when you need to close the account because you are disappointed with terms bank offers.I prefer online banking. I have not visited my bank agency since about 3 years.
I experienced many times situation when I opened bank account and after year bank added some ridiculous fee.
It is always far complicated to close unneeded account and get rid of the problem than to open it.
Yes I agree with this, but it is also what make theirs fees cheaper. Since they don't have local office and so a rent to pay, and others ressources than others traditionna banks have, they split this reduction on the fees charged to customers. Less machine, less office, less electricity ect ect. It decrase the cost of operating a bank. Also the staff working in those banks are very very less aware about banking. You can test yourself, if you ask them some basic questions they are able to give you an answer, but as soon you start to ask some very specific questions, they will just tell you, sorry i don't know. Those people are less trained and less efficient when it's time to ask precise questions
The ideal is one that allows you to have a dedicated manager in an agency close to your home,
That is ideal, but online banks tend to not have luxury of having local offices.And i want to add: to open an account easily, quickly 100% online.
I prefer online banking. I have not visited my bank agency since about 3 years.
Opening account is easy, there is a problem when you need to close the account because you are disappointed with terms bank offers.I prefer online banking. I have not visited my bank agency since about 3 years.
I experienced many times situation when I opened bank account and after year bank added some ridiculous fee.
It is always far complicated to close unneeded account and get rid of the problem than to open it.
The ideal is one that allows you to have a dedicated manager in an agency close to your home, and to totally manage my account online, easily and in real time, but also personalized at moderate prices and sophisticated services...None is completely perfect (or imperfect either). Thus, ideally, to have the best Bank, should use the services of several banks! And i want to add: to open an account easily, quickly 100% online.
I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
I do agree with you, we can see many banks that are online-based, and pretty much they operate only through Internet, with some exceptions, because if you want it or not, every bank needs headquarters, or the place where the consultants and bank employees work.I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
First, I would suggest that having a totally free account is a good idea, when you have to pay every month for just having your account registered, this is not something we wan't in 2017, am I right?
I dont even think that this is even worth to continue, because I think that the banks should never been made, all they can do is literally rip off the money out of the rest of society.
Funny thing about all of this thread is that I just put up a post about bitcoin banks and how it could work though it would rely a lot on trust which is tough to find on the internet.
I'd say one of the first things you have to touch on is the part that you'd have to be able to trust the people that run the bank itself and someways to safeguard against the owners of this bank from being able to exit-scam. But personally, I'd rather see a bank run more like a credit union if we're talking about the Crypto world too.
I'd be nice, but it'd take a lot of time, work, money and trust.
Banks give loans based on their ability to collect collateral as a way of hedging against risk of default. I think the trust issue can be solved with smart contracts. The real issue is that there is a need for there to be consequences if you default on a loan. like how your credit gets destroyed in real life
Perfect Bank !!
Ok, I try. Bank has basically three things in its definition-
1. Deposits
2. Loans
3. Profits
Starting with deposits, ideal bank should be one that doesn't think itself anything superior like other banks do. Usually banks think they are some esteem power which can provide complete safety to users' funds and that is the reason why people save in banks. In place of wearing this fake repo, ideal bank should provide high rate of interest so to cater the basic reason why people invest and i.e. return!
Now loans, rather than sitting like couch potato and rejecting 8 of 10 applications for loan, idol bank should better go for dynamic investments. Like ordinary financial unit, bank should also mobilize its fund in most productive use and become power house.
Lastly, coming to profit. Ideal bank should have zero NPA and it should distribute most part of its profits to depositors in form of dividends by raising their contributions from depositors to investors.
Ok, I try. Bank has basically three things in its definition-
1. Deposits
2. Loans
3. Profits
Starting with deposits, ideal bank should be one that doesn't think itself anything superior like other banks do. Usually banks think they are some esteem power which can provide complete safety to users' funds and that is the reason why people save in banks. In place of wearing this fake repo, ideal bank should provide high rate of interest so to cater the basic reason why people invest and i.e. return!
Now loans, rather than sitting like couch potato and rejecting 8 of 10 applications for loan, idol bank should better go for dynamic investments. Like ordinary financial unit, bank should also mobilize its fund in most productive use and become power house.
Lastly, coming to profit. Ideal bank should have zero NPA and it should distribute most part of its profits to depositors in form of dividends by raising their contributions from depositors to investors.
First thing first, there is nothing like ideal as there will always be reaction to every action whether positive or negative. In addition to that, the issue I have with banks is the fees and even on the high side. They charge above what the regulators asked them to charge, they just go ahead and debit your account in an unreasonable way when you make transfer to either same bank or other banks. If I have anything to change, I will focus more on the fees in reducing it to a large extent.
The ideal is one that allows you to have a dedicated manager in an agency close to your home, and to totally manage my account online, easily and in real time, but also personalized at moderate prices and sophisticated services...None is completely perfect (or imperfect either). Thus, ideally, to have the best Bank, should use the services of several banks! And i want to add: to open an account easily, quickly 100% online.
I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
I do agree with you, we can see many banks that are online-based, and pretty much they operate only through Internet, with some exceptions, because if you want it or not, every bank needs headquarters, or the place where the consultants and bank employees work.I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
First, I would suggest that having a totally free account is a good idea, when you have to pay every month for just having your account registered, this is not something we wan't in 2017, am I right?
I dont even think that this is even worth to continue, because I think that the banks should never been made, all they can do is literally rip off the money out of the rest of society.
Funny thing about all of this thread is that I just put up a post about bitcoin banks and how it could work though it would rely a lot on trust which is tough to find on the internet.
I'd say one of the first things you have to touch on is the part that you'd have to be able to trust the people that run the bank itself and someways to safeguard against the owners of this bank from being able to exit-scam. But personally, I'd rather see a bank run more like a credit union if we're talking about the Crypto world too.
I'd be nice, but it'd take a lot of time, work, money and trust.
There are too many procedure for doing transaction from bank, you need to fill in form and wait in queue, provides document, so it's time consuming and some of the bank got a bad customer support, but we still need bank to do a long term loans eventhough the interest really high
The perfect bank in my version will be good customer support, with the easiness to do transaction, got a high interest, but a decent loan interest, there will two factor identification if we are doing transaction online
The perfect bank in my version will be good customer support, with the easiness to do transaction, got a high interest, but a decent loan interest, there will two factor identification if we are doing transaction online
Everything can never be in a perfect manner. How hard we plan finally some imperfection happens and few accept the imperfection making it a lead for their services, some describe the same as a negative line and avoid it. Think of bitcoin, most of the like the fluctuation which profit the users. Some are there who fear for the same and avoid using bitcoin. So imperfection might slowly becomes perfect but from the beginning we cannot give assured perfectness.
Eaxctly there would always be a room for improvements. So basically if your bank has no critics that of course would nake you feel that your banking system is perfect but in thecreality its not
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
I personally think that banks should be avoided at all costs - bitcoin is a good alternative to avoid that middle man altogether. I believe that this is one of the most important steps we can take towards making banks up their game, in terms of fees and all.
I was really shocked to find how much hassle it was to exchange foreign currencies and if you had cash, they would offer you really really bad rates.
Foreign transfer fees are ridiculous as well.
Bitcoin solves all these things.
But, these things are just a little part of the banking industry, bitcoin can't solve loans secured with collaterals or mortgages, or anything that needs legal or personal involvement.
If bitcoin will solve the money transfer in the future, banks can focus on other services, but we cannot predict the future yet.
In 2018, banks should open their systems for fintech applications, so banks should specialize themselves if they want to survive.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
and the other problem is fiat currency always losing values because of inflation,
they are big problem on the Banks the perfect bank must against the inflation in currencies and small fees sending money
the bank should accept digital currencies.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
A perfect bank is like a cooperative that considers all of its depositors its members and after the year of business they will be giving dividends and patronage refund to the members for the deposit they made. This kind of bank is user based and not profit oriented and thus people will love it since even if they pay the interest from their loans but at the end of the year they will get something in return.
1. Bank's reputation not only in my country but internationally too.
2. Good training of their employees.
3. As few paperwork especially for basic work.
4. Clear terms in any banking process without small letters in the bottom of the page.
2. Good training of their employees.
3. As few paperwork especially for basic work.
4. Clear terms in any banking process without small letters in the bottom of the page.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
Well yes couple of thing which is very important for any bank to exists and provide its services to customers are as follows ;
- Simple and very low fees or no fees if possible for transaction done and withdrawal from ATM. Many banks do charge ATM withdrawal fees here.
- Online it should be quick and provide majorly all facilities online and good location branch .
- Regarding currency bank will only accept the one which is recognized and controlled by government .
Perfect bank:
Very Minimum to None fees.
No taxes and service charges.
Crypto to cash and vice versa
Online +Offline 24/7
I hope I'm not missing anything
Very Minimum to None fees.
No taxes and service charges.
Crypto to cash and vice versa
Online +Offline 24/7
I hope I'm not missing anything
Thank you everyone for your great input.
A few things are certainly sticking out.
Oh and yes I think this is very fun
A few things are certainly sticking out.
Oh and yes I think this is very fun
This is fun asking people to give you and design a perfect bank for you? what else would you like me to go in 3D-home and design a your physical offices as well?
Tell me what makes you to trust a bank completely? what do you need to see or know about them to put your trust and money in their hands?
As bitcoin is indeed a perfect bank it also lets you to decide whether or not you're willing to risk your money and for how long and just with a few clicks away from making any big or small transfers/decision.
By the time people start to realize this simple fact that the stupidest thing is for you to put your bitcoins in a bank.
Banks need to be backed by physical gold reserves and if not with insurance you are practically doomed.
Tell me what makes you to trust a bank completely? what do you need to see or know about them to put your trust and money in their hands?
As bitcoin is indeed a perfect bank it also lets you to decide whether or not you're willing to risk your money and for how long and just with a few clicks away from making any big or small transfers/decision.
By the time people start to realize this simple fact that the stupidest thing is for you to put your bitcoins in a bank.
Banks need to be backed by physical gold reserves and if not with insurance you are practically doomed.
what would you guys consider the perfect bank.
Bitcoin.
i agree but i would add, the perfect bank should be "fixed bitcoin" with proper scaling solution, and not fee that cost more than expensive shitty paypal
add also something to make bitcoin look more user friendly, and less tech savy, a new gui interface for the newbie masses that want to use it, maybe like multi bit but better, with interchangeable wallet format with Core(i mean you can use the same wallet.dat from core)
Everything can never be in a perfect manner. How hard we plan finally some imperfection happens and few accept the imperfection making it a lead for their services, some describe the same as a negative line and avoid it. Think of bitcoin, most of the like the fluctuation which profit the users. Some are there who fear for the same and avoid using bitcoin. So imperfection might slowly becomes perfect but from the beginning we cannot give assured perfectness.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
And second thing that bank should accept and make us able to made online payment with every type of Fiat that are approved in the world .
Here I am also willing that the perfect bank should start accept bitcoin , Because without bitcoin bank can't be perfect , Because bitcoin is perfect than bank so if the bank accept bitcoin then surely we can see them as an perfect system bank .
Beside of all these qualities the another thing that made trust with the user is the customer care support ,that should be always able to response in better way .
The perfect bank can never exist, not even theoretically.
A bank owner would want APR's on mortgages, car loans, student loans, credit cards to be as high as possible.
Those who use banks want APR's on mortgages, car loans, student loans, credit cards to be as low as possible.
Self interests are mutually opposed. What is good for elites, the wealthy and banks is typically bad for the average person, the poor and middle class.
There's no perfect bank that satisfies everyone or makes everyone happy.
One might say that many issues plaguing society and civilization are due to banks catering too unfairly to the interests of the wealthy & elites, creating regulations and policies which are bad for small businesses, the poor and middle class.
A bank owner would want APR's on mortgages, car loans, student loans, credit cards to be as high as possible.
Those who use banks want APR's on mortgages, car loans, student loans, credit cards to be as low as possible.
Self interests are mutually opposed. What is good for elites, the wealthy and banks is typically bad for the average person, the poor and middle class.
There's no perfect bank that satisfies everyone or makes everyone happy.
One might say that many issues plaguing society and civilization are due to banks catering too unfairly to the interests of the wealthy & elites, creating regulations and policies which are bad for small businesses, the poor and middle class.
what would you guys consider the perfect bank.
Bitcoin.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
The second thing that should easy to handle and own your bank account anywhere with your valid KYC ,regardless of the matter that from.which state , country you are :| .
If the above quality is satisfied by the ban perfectly then in my opinion that bank will be perfect .
Here I will not tell that the bank should accept multiple Currency Because in this case they will charge more like a trader
I bank with the perfect bank.
Online, brick and mortar is for old people. Incredibly low fees. Overdraft is allowed, you hit a negative balance the bank loans you the difference (up to $500 or so) and charges you reasonable interest. Ability to open additional accounts instantly, online, no questions asked. Interest rate on savings from from the first deposit, no minimums. Interest that aligns and adjusts instantly with the base interest rate in the country.
The only thing I don't have is ability to hold bitcoin along side my fiat...but that's not that bad. It's probably best to keep those balances separate.
Online, brick and mortar is for old people. Incredibly low fees. Overdraft is allowed, you hit a negative balance the bank loans you the difference (up to $500 or so) and charges you reasonable interest. Ability to open additional accounts instantly, online, no questions asked. Interest rate on savings from from the first deposit, no minimums. Interest that aligns and adjusts instantly with the base interest rate in the country.
The only thing I don't have is ability to hold bitcoin along side my fiat...but that's not that bad. It's probably best to keep those balances separate.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
- Low complaints. It tells us if the bank takes care of the customers.
- Not spreading a bullshit. Some banks are offering crap things for the customer.
- We are in the latest century based on the effectivity and efficiency.
- All of the currencies will make the customers easier.
Most common complaints are about the bank try to block the customer's account without any awareness.
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
I personally think that banks should be avoided at all costs - bitcoin is a good alternative to avoid that middle man altogether. I believe that this is one of the most important steps we can take towards making banks up their game, in terms of fees and all.
I was really shocked to find how much hassle it was to exchange foreign currencies and if you had cash, they would offer you really really bad rates.
Foreign transfer fees are ridiculous as well.
Bitcoin solves all these things.
Banks are really confusing in my country. This might be because of our population. One of the common problem is too many ways to do transaction and some of them are such that they can not be understood by common average people (may due to illiterate nature). But bank staff should be helping them but they won't because as I said earlier too many people!
Also, internet banking on the other hand is getting popular but trust that our banks has built is not that much. I have seen people worried about internet banking, fearing their accounts might get hacked and someone might steal their money. The fees and surcharges are always there for the cards. I never understand, if I am keeping million dollars in my bank account (which my bank uses to give loans to other people with heavy interests) then why it charges me extra charges! So fees are complicated things and fees shouldn't be there if my bank using my money for their profits.
Also, internet banking on the other hand is getting popular but trust that our banks has built is not that much. I have seen people worried about internet banking, fearing their accounts might get hacked and someone might steal their money. The fees and surcharges are always there for the cards. I never understand, if I am keeping million dollars in my bank account (which my bank uses to give loans to other people with heavy interests) then why it charges me extra charges! So fees are complicated things and fees shouldn't be there if my bank using my money for their profits.
It really depends on the location and the needs of people must be heard inorder to build that perfect bank thing, but its not easy to build this kind of banks existing banks mission is to earn profits and more profits and not the for the welfare of their clients,for me a perfect bank must have a very acceptable loan system(low interest rates),have a very minimal withdrawal fees on atm , with a high interest rates on savings and mostly can accept bitcoins do an online transactions using web or apps on android/ios.
what would you guys consider the perfect bank.
Bitcoin.
A perfect bank would work with colateral, something they can sell if the person not able to pay their debit for 3 months, and the interests they does pay to savings compared the fee they charge should be more balance if banks charges 30% savings should be able to earn atleast 12-15%.
1. They should offer simple information of services, profits and answer user's questions.
2. They should have loans or credits and others kind of financing with little paperwork.
3. They should be able that grant their clients efficiency and speed with their payments service. either in a store or online.
4. And finally, they should offer to new clients services with simplicity.
2. They should have loans or credits and others kind of financing with little paperwork.
3. They should be able that grant their clients efficiency and speed with their payments service. either in a store or online.
4. And finally, they should offer to new clients services with simplicity.
There might be a almost to perfection kind of bnk but a complete bank perfection is not possible.why? Because there would always be a complain from the customer with regards to their services. Aside from that bank that involves bitcoin is just too stupid thing to think(IMO)
No bank is a perfect bank because it's based on a stupid concept. All banks hold your money for you as a number on a screen which only exists in their database - all banks create and oversee all of your transactions. That's just what a bank is.
Fees may be lower and in the consumers' eye it may be more convenient, so in that sense the only factors which make a perfect bank are relatively low fees and payments which seem instant to the users, even if they're not. A bank should also avoid dictating what people do with their funds as much as possible, like some online Bitcoin wallets, which are basically banks, decide to do (like Blockchain).
Fees may be lower and in the consumers' eye it may be more convenient, so in that sense the only factors which make a perfect bank are relatively low fees and payments which seem instant to the users, even if they're not. A bank should also avoid dictating what people do with their funds as much as possible, like some online Bitcoin wallets, which are basically banks, decide to do (like Blockchain).
The ideal is one that allows you to have a dedicated manager in an agency close to your home, and to totally manage my account online, easily and in real time, but also personalized at moderate prices and sophisticated services...None is completely perfect (or imperfect either). Thus, ideally, to have the best Bank, should use the services of several banks! And i want to add: to open an account easily, quickly 100% online.
I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
I do agree with you, we can see many banks that are online-based, and pretty much they operate only through Internet, with some exceptions, because if you want it or not, every bank needs headquarters, or the place where the consultants and bank employees work.I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
First, I would suggest that having a totally free account is a good idea, when you have to pay every month for just having your account registered, this is not something we wan't in 2017, am I right?
I dont even think that this is even worth to continue, because I think that the banks should never been made, all they can do is literally rip off the money out of the rest of society.
Thank you for your awesome input, also the fees you are paying is absurd and unfortunately it seems to be very common.
The ideal is one that allows you to have a dedicated manager in an agency close to your home, and to totally manage my account online, easily and in real time, but also personalized at moderate prices and sophisticated services...None is completely perfect (or imperfect either). Thus, ideally, to have the best Bank, should use the services of several banks! And i want to add: to open an account easily, quickly 100% online.
I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
I prefer online banking. I have not visited my bank agency since about 3 years. I don't need any other currency than one. As for the fees, this is where I am not happy, they charges me monthly 2 times more than what my mobil phone bill, to compare... Can you believe that ! The only thing i use is their website !
Now there are banks 100% online and it becomes more and more pouplar and it's cheap, I am thinking to switch to one of them as they charge 3 times less than my current bank
So I was wondering, what would you guys consider the perfect bank.
Fees?
Common complaints?
Things it should offer?
Locations / Online only?
What currencies should be accepted?
Well anything you can really think of.
I want to hear from you and want to hear about the most common complaints.
Any bank horror stories?
What happened?
What should have happened?
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