Quote:
Originally Posted by adult-help
..or there are some greedy bankers...
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this is the most logical explanation.
Every big bank in a country has branches connected to big banks all over the world. So there is no other explanation why transfers within EU are free but from USA to EU are crazy expensive. Its just greed. The cost of electronic transfers are almost none. I bet it are the fossils in banking who have the real power in the US who are responsible for not throwing out their old system of checks... because they probably make more money this way. Only explanation.