Local business baffled by Commonwealth Bank policy change

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

A local business owner in Sydney's Potts Point is baffled by a discrete policy change at the only banking branch in his area, which he says is "ungracious" and "not neighbourly".

business owner who attempted to exchange cash at a major bank has been left baffled by a discrete policy change.at Potts Point expecting to exchange four $50 notes into smaller denominations of $10 notes to collect change for his business, which sits only metres away.

Since 2017, the number of bank branches have been slashed by more than a third in cities and regional areas. "If you tap a credit card usually attracts a merchant fee, or if it's coming off a credit balance you're paying interest on it, this is what the banks want.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in BUSİNESS

Business Business Latest News, Business Business Headlines