Exorbitant charge for money transfer

I always had the impression that local bank charges were more or less in line with those of other banks in Europe. I realise now that it is not the case. Quite recently I was charged €30 by HSBC for transferring, via e-banking, €1,000 to a bank account...

I always had the impression that local bank charges were more or less in line with those of other banks in Europe.

I realise now that it is not the case. Quite recently I was charged €30 by HSBC for transferring, via e-banking, €1,000 to a bank account in Italy. Just a few days ago a much bigger sum was similarly transferred to my HSBC Bank account in Sliema but the bank charges applied by the Italian bank in Italy were only €6.

No wonder HSBC profits keep going up and up every year.

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