Category Archives: bank transfers

Your own business is not your own business

Screen Shot 2015-05-17 at 09.22.59In order to be able to process some detail of his financial affairs, Dalrymple finds himself having to deal with one of the sprawling, impersonal, inefficient and unresponsive banking bureaucracies, one of those that

has repeatedly been forced to admit that it has engaged on huge-scale dishonesty that has cost it billions in fines and reparations (though I am not quite sure how much faith as to their sincerity or justification I should place in such admissions).

The bank demands — using in its communications always the passive voice — that Dalrymple, a mere writer (rather than, say, a trader specialising in interbank lending rates), ‘confirm the source of funds which have been deposited’ in his account.

Hier ist kein warum

Screen Shot 2015-05-03 at 08.18.12Dalrymple’s bank charges him 6.37% on electronic transfers from Australia to the UK, even to an account denominated in Australian dollars.

Why? Here there is no why. Dalrymple writes:

I should like an explanation of this exorbitant charge, but of course I can’t find anyone to explain it to me. I think I could speak to every employee the bank has (132,300) without finding the right person. Not, of course, that it is easy to speak even to a single person at the bank, other than the tellers at my local branch who are not authorised to say anything.

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