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The Commonwealth Bank tried charging for online transfers about six years ago. It caused such a public uproar that they made them free again. I suspect that it
by jeza 14y ago
The Commonwealth Bank tried charging for online transfers about six years ago. It caused such a public uproar that they made them free again.
I suspect that it was a bait and switch attempt to phase out branch banking. I.e. make it free until everyone switches over then start charging fees. But it backfired.