Our monthly charge for November 2022, has increased by 100% , on examining the statement for Nov, we found that the the I-Change fee has increased by 100% +, the actual bank who hold our account, fees have not increased, we did not get any prior notice of this. I am talking about Debit Cards for example a payment of €5K by a 4319 debit card the total charge was €120.68.
Has any body else experienced this
Our monthly charge for November 2022, has increased by 100% , on examining the statement for Nov, we found that the the I-Change fee has increased by 100% +, the actual bank who hold our account, fees have not increased, we did not get any prior notice of this. I am talking about Debit Cards for example a payment of €5K by a 4319 debit card the total charge was €120.68.
Has any body else experienced this
I know anecdotally that a couple of businesses (coffee shops) that I regularly frequent have experienced the same issue recently, although that was a few months ago. Both of them asked me to pay them in cash rather than by debit card.
Thank you, yes there was Vat included in that figure, I did ask the Bank that holds my merchant account, and they said its a charge from the banks releasing the money, or interchange fee.
But there must be a government agency or dept, that I can contact ?