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I don't mind the fee per se I just object to obfuscating it (which I term "fraud" thought that might not be the legal definition). NatWest app says £0.00 fee a
by tomp 6y ago
I don't mind the fee per se I just object to obfuscating it (which I term "fraud" thought that might not be the legal definition).
NatWest app says £0.00 fee and some FX rate but when I compare with TransferWise, the difference is £250, which means that the "FX rate" implicitly contains the fee.
Maybe not "fraud" legally but I don't want to support such non-transparent business practices.
- raverbashing 6y agoIf it's a fixed cost, it's a fee Yes banks charge commission (where TW usualy has a cost advantage but anyway, it's a money maker for banks and calculation of the fx rate to be used at a given moment is not something simple)