Foreign draft fee at Standard Bank

[Marietjie Steyn]

Thanks for the info Dave. We have just started our Google Adsense and wow what a shock if you have to pay that amount to deposit the cheques.

[defZA]

Oh my word, I just fired an email off to my bank when I saw:
FEE-FOREIGN DRAFT 2008 -155.00

I haven't deposited google cheques in about 3 months, but this is the first time I see this fee!

I then googled and found this page.

Seems like they were thinking "hmm... people who get more money should pay more fees!"
This is a smell I don't like.

And it's really making me feel like I shouldn't entertain Standard Bank with my account anymore.
Capitec Bank or FNB Bank will surely not do this kind of fee hunting... if they do, there's always another bank who would be happy to have my account.

I will threaten to close my account and see if they will cancel this fee for me. I mean, I'm sure they will lose more if I close my accounts than this 3x155 fee. :O Wish me luck!