British Banking
Out of context: Reply #11
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- ribit0
I was able to keep my free bank accounts in Oz...
Germany has one of the best bank system I've used, base account fees are a bit high, but all the electronic stuff works really well... paying anyone in Germany or continental Europe for almost free with just their account number and sort code (via ATM or online) and they had some of the best internet banking systems (good design and usability) years ago. Most businesses in Germany that we have worked with wont accept cheques, and just send us their account/sort/IBAN number and thats it... seems most streamilined/modern system anywhere.
US banks seem the worst, with antiquated online banking systems that can't do very much, and over-reliance on 'paper trails ' and cheques.
British banks seem to have fairly amateur-ish design/usability for their internet banking... but worst is the outrageous penalty charges for going over overdraft limits (there have been some calls for these to be reviewed?)