Horse wrote: ↑Thu Apr 08, 2021 5:27 pm
Noggin wrote: ↑Thu Apr 08, 2021 4:57 pm
French banks
if it was possible
My mate in France was explaining a few days ago how antiquated French banking is.
He's having to move fair chunks of money to cover building materials and costs.
He said about the low daily and weekly limits on spending, and limits on transfers, and the number of discussions where he has to explain what he needs to do with
his money then ask "is it possible?"
Yup. It's a nightmare. When I mentioned it to friends at lunchtime she suggested paying by transfer - no limits on bank transfers, which makes no sense!!
It's not as if I can go overdrawn because it's only a debit card that will only work with what is in the account
I have a business TransferWise account because it just got too difficult. Last year my biggest customer paid me into the TW account and everything else went into the normal bank account. At least that way if I needed to spend more than 1500€ on the card in a month, I could! I usually moved the money from TW myself to the normal account but at least it meant I wasn't stuck somewhere trying to pay
I set up the TW when I filled up with fuel one day (around 90€), a couple of thousand euros in the business account, no other payment method with me, and I couldn't pay for the fuel
It wouldn't be so bad if you got a notification that you were close or had hit the limit, but you don't
Thing is, he never told me there was a limit on the business card or how much that limit was. So I just thought the bank was shit, hence the TW account.
A lot of French systems are antiquated. There is a little charm about some of it and the pace of life isn't frenetic like in the UK, but sometimes it's just sodding ridiculous