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Thanks for the details.

While I think it's ridiculous, a 0.3% fee for over $20k in deposited cash per month doesn't sound unreasonable for handling risk.

Personally, I wouldn't be banking with either of those companies because I think they just exist as parasites. Find a good credit union.



UK banks are 1.2% for human / 0.6% to use the machine - no free amount. https://www.barclays.co.uk/content/dam/documents/business/Ac...

Consumer banking is a very different beast to business banking.


It’s not absurd - the bank has to spend money to move depositors’ cash. This is a standard part of a commercial banking relationship




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