4 ms·
It is around $20 a year, there are no people poor enough for that to be an issue in Europe.
by username90 7y ago
It is around $20 a year, there are no people poor enough for that to be an issue in Europe.
- throwaway99674 7y agoBelieve me, there are people in Europe for who paying 20€ extra can be an issue. Even worse: unexpectedly having to pay 20€. Source: been there, done that.
- theshrike79 7y agoIt's not an unexpected 20€, more like 1-2 euros a month. Every month. At the same time.
- Mirioron 7y agoMinimum wage in Bulgaria (part of the EU) is €3,743 per year. Now imagine someone that's not full-time employed. €20 for them is not nothing. For them that would be the equivalent of someone earning $100k a year having to pay $500 to have a bank account. Note that often these low income accounts also have to pay when doing (some) transactions.
- Symbiote 7y ago"Reasonable" in Bulgaria will be a lower fee than in Denmark, where the fee is more like €30/year for a standard account (cheaper options are probably available).