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Bank Charges in TRNC

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HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
07/07/2009 01:40

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Message 1 of 14 in Discussion

Can anyone please tell me why this happened.

In 2006 I deposited 60 with HSBC in Kyrenia and did not touch withdraw anthing from it.

in 2009 I decided to close the account and withdraw my money and I received 34.00

When I asked HSBC why this happened they stated that it was due to transactions

I stated there were no transactions

They then stated that is why you have been charged???????

Is it Me?????

Am I missing something here??????



yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
07/07/2009 01:56

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Message 2 of 14 in Discussion

I wish I can answer to that but I have same sort of problem with my credit card,though its with universal.For the last few months I have been keeping my receipts,but the calculations never match the statement.The statement always been (that I never receive)ave.150tl more.So, one can only say "welcome to cyprus"



wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
07/07/2009 11:28

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Message 3 of 14 in Discussion

Katymackem

Most UK banks offer free banking that is what is considered the norm but

There is not free banking with HSBC in the TRNC though the charges should show on the statements

yorgozlu

I can only assume that the same is happening on your Universal credit card it may also be some insurance cover that was added on when you signed up for the card .Ask if there is a card fee or an insurance cover of some sort.Or if there is no free interest period so you get charged immediately that you purchace



HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
07/07/2009 12:41

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Message 4 of 14 in Discussion

Hi

Did not sign up for any cards. I was informed by my Advocate to open a bank account. That is all I did and deposited 60. The statement showed a lot of transactions done by the bank, none were done by me I had not used the bank account that year (I got so fed up of waiting in the HSBC queues - up to 2 hours on some occasions, that I decided to change my bank).



wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
07/07/2009 12:44

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Message 5 of 14 in Discussion

K part 2 was for yorgozlu about is card

HSBC charge you monthly just for having a current account hence I did not open one



yorgozlu



Joined: 16/06/2009
Posts: 4437

Message Posted:
07/07/2009 12:45

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Message 6 of 14 in Discussion

Thanks for the info,wanderer,I've decided not to use it this month,see what happens then



Aussie


Joined: 17/06/2007
Posts: 657

Message Posted:
07/07/2009 13:00

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Message 7 of 14 in Discussion

Speaking of bank rip offs Turkiye Is Bankasi which charges 15 Euro for overseas transfers then a further 45 Euro was deducted from the funds when they arrived. This hadn't happened in 8 previous transfers so after querying it with the Bank the manager explained that bit was due to the computer that does automatic transfers choosing a different Correspondent Bank Standard Chartered which deducted the 45 Euro and didn't do the transfer for 10 day compared to the usual 2-3 days maximum for funds to show up. Their system has a large list of Correspondent Banks and they are free to charge what they like (previously at least 3 others didn't charge any extra).



To make it worse the staff can't override the automatic choice of Correspondent Bank so you can never know whether you will be slugged an extra 45 Euro or worse and the Bank refused to fix it.



If possible avoid using this bank for money transfers or at all.



Aussie



wanderer


Joined: 05/02/2009
Posts: 1653

Message Posted:
07/07/2009 13:38

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Message 8 of 14 in Discussion

yorgozlu

As the question if there is a charge for a fee or insurance you will still be charged!!



nikicik


Joined: 15/04/2009
Posts: 201

Message Posted:
07/07/2009 13:53

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Message 9 of 14 in Discussion

i have had the same problems with the bank i put in 1000 stg and when i added all the receipts up there was money missing when i asked they said you get charged for using our machines but i set up the account here i don't get it Ive set up an account with garanti they seem to be good



HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
07/07/2009 16:47

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Message 10 of 14 in Discussion

There was no fees mentioned and no insurances taken out. Just a deposit of 60. The intention was to use the account later (no way Jose.....)



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
07/07/2009 17:15

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Message 11 of 14 in Discussion

My husband had an account with Alliance & Leicester with a small amount just to keep the account open, he received a letter from them to say he would be charged 5 per month unless he used the account.



HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
08/07/2009 15:33

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Message 12 of 14 in Discussion

Are there any banks in TRNC which do not charge you for having a bank account?



HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
09/07/2009 20:42

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Message 13 of 14 in Discussion

is that a No I hear..............



HildySmith


Joined: 02/07/2009
Posts: 1708

Message Posted:
10/07/2009 16:14

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Message 14 of 14 in Discussion

Can anyone recommend a bank which does not steal your money whilst holding it.



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