mildflame received a cheque from his auntie in the uk.20 pound sterling.for his 17 th birthday.
he was excited after doing the exchange rate and realizing he had nearly $40 aus gift.
WELL,i took him to the banksa friday to deposit said cheque.he was in there a long time so i went in and found him having to sign a proceedure document to process the cheque.I was a bit concerened and asked what was going on.
was told the said cheque had to be passed back to the uk.and go through many hands before it could be credited to his account,at a cost of $10.50 aud plus they gave us a total crap exchange rate.\
he will end up with about $ 19 aud in 4-5 weeks.banks suck big time.ps if said auntie had sent a 20 pound note,it would stiil have attracted a fee of $10.50 plus the same crap exchange rate.
WTF is this world banking system doing????