Banks cross-bank withdrawals cost double: reasonable price adjustment or monopoly profit

Source: Internet
Author: User
Keywords Banking banking handling charges Bank of China
Tags bank of china banking business business charges consumer cost cross cross-bank
Xinhua Shenzhen, July 6 (Xinhua) Recently, three banks operating in Shenzhen-CCB, BOC, China Merchants Bank said it would add and adjust some of the service price standards, which will be the cost of the interbank withdrawals from the original 2 yuan per sum to 4 yuan, doubled.  This is the following month, ICBC announced a rise in a number of personal business charges, the banking industry set off another wave of personal business fees and charges, triggering a wide range of consumer and experts concerned. Collective high prices of services caused by netizens questioned the recent Shenzhen residents to China Merchants Bank service outlets to deal with the business, can see a adjustment of the cross-border withdrawal fees, the bulletin said, "from July 1, 2009 onwards will be the domestic ATM across the line of fees and charges to adjust the standard, Domestic ATM local Cross-border withdrawals fees and charges are adjusted to RMB 4/pen, the domestic ATM in different places across the line of withdrawals fees are adjusted to RMB 4 yuan/pen + withdrawal amount of 0.5%.  Prior to this, the bank and the city across the line of withdrawals fees are generally 2 yuan/pen. CCB Shenzhen Branch on June 16 on its website issued a notice said, "In order to enhance customer service quality, in accordance with the" People's Republic of China Price Act "" Commercial Bank service price management interim measures ", and the Chinese construction Bank limited to the Banking Regulatory Commission, the report,  We decided to increase and adjust the number of charges from July 1, 2009 onwards, of which debit card ATM with the city across the line to take the fee adjustment of 4 yuan/pen. Bank of China will also adjust the cross-bank withdrawal fee standard from July 17, also from the current 2 yuan/pen adjustment to 4 yuan/pen.  The adjustment applies to Guangdong, Jiangsu and Tianjin, the bank's customer service staff said. After media reports, three banks raised the charges of Cross-border withdrawals immediately sparked controversy among netizens. Some netizens said: "The bank's service has not been followed, the service price doubled up, very unreasonable." "Some netizens said:" The bank only announced a price hike, there is a unilateral breach of suspicion. "There are also netizens said:" CMB, CCB free price increases, ignoring the people's livelihood, the root of the banking monopoly! "There are also speculations about whether the financial crisis has affected the profitability of these banks by raising prices to make more profits."
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