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Ginko Transaction Fee Time |
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Chrischun Fassbinder
k-rad!
Join date: 19 Feb 2005
Posts: 154
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08-29-2006 21:16
email...
We've added a 1% fee to our transfer feature. See details at http://ginkofinancial.com/ |
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Aaron Levy
Medicated Lately?
Join date: 3 Jun 2004
Posts: 2,147
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08-29-2006 21:53
"We've added a fee to our transfer feature."
To transfer L$ from one account to another. Not their regular transaction fees. Duh. _____________________
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Gordon Wendt
404 - User not found
Join date: 10 May 2006
Posts: 1,024
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08-29-2006 21:56
I've already taken steps to ensure that they won't get a cent out of me in transfer fees by not using the transfer feature anymore even if that means doing things the old fashioned way, I am also unimpressed with the fact that they implemented the feature well before giving anyone notice, and they also have not stated why the new fee is necessary, I would be much more for accepting it if they Ginko Financial would at least explain why they need this additional fee.
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Aaron Levy
Medicated Lately?
Join date: 3 Jun 2004
Posts: 2,147
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08-29-2006 22:11
My bank raised its fees without notice. Even FDIC-insured federal banks can raise fees without notice. Why would a private, non-FDIC-insured be expected to?
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Chrischun Fassbinder
k-rad!
Join date: 19 Feb 2005
Posts: 154
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08-29-2006 23:05
"We've added a fee to our transfer feature." To transfer L$ from one account to another. Not their regular transaction fees. Duh. Message I initially received did said transaction, though fourty-five minutes, or so, later I did get a corrected notice that it was just transfers not transaction.  |
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Jordan Carnot
Registered User
Join date: 9 Apr 2006
Posts: 4
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08-30-2006 10:28
Yes, it is just a fee on transfering Ginko funds from one Ginko account to another Ginko account. Depositing and Withdrawing funds have no fee attached to them.
This trasfer fee is also capped at L$100 I do belive, so if you need to transfer, make it big transfers. |
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Nicholas Portocarrero
Registered User
Join date: 13 Jul 2004
Posts: 237
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08-30-2006 10:53
People were using the transfer feature to get around our daily withdrawal limit. The fee is a way of ensuring that they at least pay for this convenience.
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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08-30-2006 11:09
People were using the transfer feature to get around our daily withdrawal limit. The fee is a way of ensuring that they at least pay for this convenience. Why not impose a daily transfer limit? _____________________
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Nicholas Portocarrero
Registered User
Join date: 13 Jul 2004
Posts: 237
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08-30-2006 11:16
Why not impose a daily transfer limit? Why limit what people can do when you can just charge them for doing it? We are working on making the first 20k a day or so tranfered fee-free so that people NOT using the transfer to get around the limits don't get hurt. |
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ReserveBank Division
Senior Member
Join date: 16 Jan 2006
Posts: 1,408
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08-30-2006 12:02
Why limit what people can do when you can just charge them for doing it? We are working on making the first 20k a day or so tranfered fee-free so that people NOT using the transfer to get around the limits don't get hurt. Heheheh.. You are a true banker. I tip my hat to you Nicholas.. _____________________
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