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Topic: What don't you like about Banks and Banks controlling your money - page 2. (Read 5736 times)

jr. member
Activity: 179
Merit: 1
It's no one will want to do that his money banks controll let. A bank can close withdrawals at anytime, and banks our money controll if our their rule believe to be.
legendary
Activity: 1204
Merit: 1028
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
I have never had any problem with my bank ever since I stared making use of it,  they don’t charge extra fees or whatever, they just do the right thing and I also play my own part as being a good person.

I like bitcoin too, both banks and cryptocurrency favors me a lot , so I don’t really have any problem with any of them. I do know that not all of us are lucky, and some people are having problem with their banks but I don’t pray to be one of them.
hero member
Activity: 2576
Merit: 582
Leading Crypto Sports Betting & Casino Platform
It's a real hassle trying to wire money to another country, banks will ask you a lot of questions.  You are not even in control of your own money with a bank.  The bank has the final say on everything, they can freeze your accounts whenever they want and block any transactions they don't like.  The central banking system has a  controlling grip on our lives but bitcoin will help us to break free of it.
You’re totally wrong. That’s the problem with most of you, you always complain on things that really don’t require you to complain about it. So don’t you know that most of those questions that are being asked are for security reasons and they are meant to protect you as a person and also protect the bank from any form of allegations that may arise in future, so this is not a reason to hate your bank, unless maybe you’re still a kid and don’t underhand how banking works….
member
Activity: 798
Merit: 10
I am hate banks when they charge on our account with big fee. But i think its normal because their bussiness should run and making profits. Beside that, i dont know why i should hate banks because sometimes banks help us with their lending
full member
Activity: 994
Merit: 138
I also have complaints about the bank, if I save money at the bank, then every month my money decreases due to administrative fees. Very different if I save bitcoin. Even though in 5 years it is stored in a wallet, bitcoin does not decrease at all except the transfer to a different wallet. and that is reasonable for transfer fees
member
Activity: 490
Merit: 14
Ane rasa 🏦 sangat jarang melakukan kesalahan apa lagi bank BRI..yg sering saya keluhkan hanya antrian atau pun sifat egoisme karyawan bank..tapi soal pelayanan sepertinya sudah cukup lumayan..karena itu simbol.. daripada BUMN tersebut.
sr. member
Activity: 1078
Merit: 254
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
but on the other hand, these people also promised strict confidentiality to our personal information. also, the monthly fees, atm fees and such are also part of their financial statement. This is to financially track down transactions that are done by the financial institution.
full member
Activity: 212
Merit: 100
Anyone that works at the bank can see all your account information. Monthly fees, atm fees, overdraft fees. Banks suck!
But they should follow the data policy law. For me the most irritating act of banking is if you will deposit or save money with just 1%interest per year but if you'll have to loan the interest will be 10%.
sr. member
Activity: 730
Merit: 250
There is a withdrawal limit in my country.You can withdraw$ 2,000 per month.If the amount exceeds 2000, you will need to provide the Bank with the origin of the funds.
jr. member
Activity: 210
Merit: 1
dApps Development Automation Platform
State made those laws to monitor money laundering. Banks just follow the law and we are still in control of our money even though this law really made it feel like we dont.

There are a lot of unauthorized withdrawals incidents have been reported and some customers don't even get their money back, and banks should keep their customer's security more stable as scammers and hackers gets more intelligeng as well.
full member
Activity: 616
Merit: 100
FRX: Ferocious Alpha
Well perhaps the reason why people do not like banks is because in banks there's a lot of fuss t, there's alot of regulation so on and so forth before depositing and withdrawing huge money and also it has little interest and they use their money for their business, and is prone to thieves and robbery, unlike bitcoin its decentralized and only you knows your money no one can interfere on it.
hero member
Activity: 1120
Merit: 554
It's a real hassle trying to wire money to another country, banks will ask you a lot of questions.  You are not even in control of your own money with a bank.  The bank has the final say on everything, they can freeze your accounts whenever they want and block any transactions they don't like.  The central banking system has a  controlling grip on our lives but bitcoin will help us to break free of it.
jr. member
Activity: 294
Merit: 1
Staker.network - POS Smart Contract ETH Token
What i don't loke is having to wait in line just so i could deposit more money for then to finance for them to get richer. I don't like that i will be charged just so i can have some of my hard earned money. What I don't like is tyat whenever i need my money i have to wait for the banks to open or look for atm machines that are available.

Well this are the common things most of us are experiencing that can easily make some easy ways to change it, but yeah, I agree that everytime we go to the banks those long waiting still hasn't change until now.
full member
Activity: 476
Merit: 100
What i don't loke is having to wait in line just so i could deposit more money for then to finance for them to get richer. I don't like that i will be charged just so i can have some of my hard earned money. What I don't like is tyat whenever i need my money i have to wait for the banks to open or look for atm machines that are available.
member
Activity: 176
Merit: 10
For now I am not a professional user of banking system so is satisfies me 100% I'm not having any issues with my bank I'm not having any problems, so bank is not negative for me.
newbie
Activity: 112
Merit: 0
I have no problem with bank so far, they help me a lot like I didn't have to hide my money under my mattress.  Buying anything online, I just need to 3 or 4 clicks on my computer to pay.
hero member
Activity: 1008
Merit: 501
Do you have any gripes about banks
yes I have complaints about banks, because I have to go far using a motorbike to go to a bank and a lot of lines, and waste a lot of my time,
this will be troublesome forever if it is not changed from now on
Lol yeah because the bank has central control. of course when you want to do some things like checking a passbook, and other problems you have to go to the bank office and it's very different from bitcoin where everything is in your gadget. very flexible right?
member
Activity: 378
Merit: 25
well aside from using my money for their own investments, turning my money into virtual asset that has limited insurance in case of bankruptcy, i think there is none, no other reason why people are still using banks, maybe it is the visual or physical and legal entity to handle finances and is the mainstream medium to transact money related matters. thank God, virtual wallets now exists.
sr. member
Activity: 531
Merit: 258
The fact that there are many process to do after and before banking your money. They control money in a less volatile motion so the assurance ia secured. Banks are taking care of the money so think which bank is the best that suits of your style because banks do have different system.

They all have the same system, working with a fractional reserve and scriptural money. There are also laws that make their products exactly the same as any other banks. (A saving account, for example, has its percentage return based on a rate fixed by a government).
If everyone moves his money from their accounts at the same time you will realize how they were taking care of your money like you suppose.
newbie
Activity: 139
Merit: 0
Do you have any gripes about banks
yes I have complaints about banks, because I have to go far using a motorbike to go to a bank and a lot of lines, and waste a lot of my time,
this will be troublesome forever if it is not changed from now on

What I dont like about banks is that they only have a small percentage of interest annually to our deposited money, but when we make a loan from the banks, they charge a very high interest in it. That is so unfair because they are using our own money to give us a loan.
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