Quote: Wow! It seems that there are fess associated with every part of banking in Australia!
You can't beat Spain. I opened a US dollar account a few years back with $100. When the teller gave me the bankbook it reflected less than $100, and I told her I deposited $100, she said yes and that there are charges for deposits. Ok then I said I want to get back my money and when she gave me back it was again less than what was reflected. Again she said there are charges for widrawals. I think they made at least $10 for the 2 transactions. Finally, I got mad and said look just error correct the deposit and give me back my $100 and I will keep it in the house. And that is how I started collecting US dollar banknotes.
By the way, every month I get an interest of 1 cent from my bank and guess what? They charge me 1 euro for maintaining my account. The banks here are legalized criminals.
quote: "... I was thinking that the biggest users of hundreds would be the casinos and racetracks." - don't forget the dealers in illicit substances; hence the introduction of the Cash Transaction Reports Act 1988*, modelled on U.S. legislation. [*since re-named the Financial Transaction Reports Act 1988] Peter
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