Stanchart Hidden charges...has anyone ever experienced this.
I recently withdrew money from none Stanchart..ATM and since i withdrew all i had...i ended up with overdraft of the ATM charge of 250. Am surprised eti they charge interest of 950 for overdraft...so an overdraft of 220 had grown to 2120. interest of 1900 for just 60 days..... Then i ask why would these banks post quartley profit of 2 billion.... These are the hidden charges Bank...never says -- Thank you Joseph
These charges are not hidden - if you read your contract properly, they are there in black and white. failing to read them does not make them hidden. ./Ok3ch On Tue, May 25, 2010 at 11:16 AM, Josy Ngatia <josyveros@gmail.com> wrote:
I recently withdrew money from none Stanchart..ATM and since i withdrew all i had...i ended up with overdraft of the ATM charge of 250. Am surprised eti they charge interest of 950 for overdraft...so an overdraft of 220 had grown to 2120. interest of 1900 for just 60 days..... Then i ask why would these banks post quartley profit of 2 billion.... These are the hidden charges Bank...never says
-- Thank you Joseph
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Joseph Just means you are being charged 950/= per month for remaining in an overdraft position. Thats how you ended with 1900 for 2 months. That must have been disclosed somewhere in small text. Hope you dont have a problem with the Kshs 220. Stanchat is still a convinient banker for me. Other banks are worse, just that you never had the opportunity to experience it. Not a stanchat staffer, BTW. Regards, Samson Major --- On Tue, 25/5/10, Okechukwu <okechukwu@gmail.com> wrote: From: Okechukwu <okechukwu@gmail.com> Subject: Re: [Skunkworks] Stanchart Hidden charges...has anyone ever experienced this. To: "Skunkworks Mailing List" <skunkworks@lists.my.co.ke> Date: Tuesday, 25 May, 2010, 1:50 These charges are not hidden - if you read your contract properly, they are there in black and white. failing to read them does not make them hidden. ./Ok3ch On Tue, May 25, 2010 at 11:16 AM, Josy Ngatia <josyveros@gmail.com> wrote:
I recently withdrew money from none Stanchart..ATM and since i withdrew all i had...i ended up with overdraft of the ATM charge of 250. Am surprised eti they charge interest of 950 for overdraft...so an overdraft of 220 had grown to 2120. interest of 1900 for just 60 days..... Then i ask why would these banks post quartley profit of 2 billion.... These are the hidden charges Bank...never says
-- Thank you Joseph
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_______________________________________________ Skunkworks mailing list Skunkworks@lists.my.co.ke http://lists.my.co.ke/cgi-bin/mailman/listinfo/skunkworks ------------ Skunkworks Server donations spreadsheet http://spreadsheets.google.com/ccc?key=0AopdHkqSqKL-dHlQVTMxU1VBdU1BSWJxdy1f... ------------ Skunkworks Rules http://my.co.ke/phpbb/viewtopic.php?f=24&t=94 ------------ Other services @ http://my.co.ke
participants (3)
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Josy Ngatia -
Maina Samson -
Okechukwu