Problem

Excessive bank charges

Incidence:
The fee for wiring a money transfer from the USA to Latin America can be as much as 25 percent of the amount sent and the exchange rate paid by the recipient can be high.
Broader Problems:
Unsatisfactory retail banking
Values:
Excess
Subject(s):
Commerce Finance
Commerce Banking
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic Growth
Problem Type:
F: Fuzzy exceptional problems
Date of last update
06.02.1999 – 00:00 CET