I noticed a discepancy between the amount my cc-processor transfers to me weekly
and the amount that my bank receives. Everytime it's a discepancy of around $4,50,-.
I do not have to go on foodstamps for this, just trying to understand Banks... which seems
almost unpossible as an outsider. Everytime i see a bank, my bloodpressure risses and i'm having troubles to not drive my car through the entrance...
I called my bank (I did a 30 minutes yoga first... or else i would probably start with screaming) and they gave the following explanation:
My money goes from Bank A in London (i thought i had an American processor) to Bank B in Ney York, because i am paid in dollars and Bank A is in euro area so they need to "buy" dollars so my amount is send to Bank B in Ney York to "exchange" it.
I said: "There is a difference in buying dollars so i can get paid in dollars and sending MY money to America to exchange that amount in dollars... She didn't understand this logic... maybe i'm the one who doesn't understand things about banking... could be...
Well... Then... From Bank B in New York MY money is transferred to Bank C... also in New York.... for what reason... I absolutely have no clue...
Even my own bank hasn't got a clue on this...
Then... From Bank C in New York , MY money is send to my bank in Holland... Bank D....
There I receive my money in USDollars
with a dicrepancy of around 4,50 dollars... which is eaten by all the banks it saw on it's way to my bank.
Then my bank has to exchange it into euro's
and then i see MY amount received in euro's in my bankstatement...
Woudn't it be easier if Bank A just paid me in euro's?
why do banks send money to US to transfer it into dollars?
When it comes to banks everything is untransparent... i wonder why....