hsbc charges zero dollars to transfer money between countries you have account with them.
and recently they had to pay a billion because they facilitated drug money laundry, even city bank being mentioned in the same report facilitating larger amounts and getting no penalty for whatever reason. im almost sure the system is corrupt to the core.
anyway, back on topic, this move is to remove power form migrants because now that the US is past its little depression, we don't want them sticking around. and if you don't understand this, I'm happy for you. keep the good live going in affluent san francisco. only neighborhood problems are buses driving property prices down or some other shenanigan.
>hsbc charges zero dollars to transfer money between countries you have account with them.
Only if you have one of their "rich people" accounts. You have to have something like $100k in your current account or a half million dollar mortgage. Something like that.
Needless to say, agricultural day laborers sending remittances don't qualify. They have to pay up.
>recently they had to pay a billion because they facilitated drug money laundry
I wouldn't mind betting that's the main reason "many big banks are abandoning the business of transferring money from the United States to other countries"
I mean if you were running a low cost service would you want to risk that?
and recently they had to pay a billion because they facilitated drug money laundry, even city bank being mentioned in the same report facilitating larger amounts and getting no penalty for whatever reason. im almost sure the system is corrupt to the core.
anyway, back on topic, this move is to remove power form migrants because now that the US is past its little depression, we don't want them sticking around. and if you don't understand this, I'm happy for you. keep the good live going in affluent san francisco. only neighborhood problems are buses driving property prices down or some other shenanigan.