Draufzahlen for the cash withdrawal - savings banks charge

Creating new bureaus for revenue

This is how the Internet portal reports biallo. de according to a research that about 20 savings banks already want to withdraw money "something extra". One could avoid this by changing to another contomodel. But this is directly linked to higher flat-rate monthly contributions.

For the remaining 23 banks, you will not be asked to pay until you want to withdraw money more than two or five times a month. Money for weekly shopping? In addition, for the cinema at the weekend, or the ice in the city park? This makes one euro per payout!

Can not believe? The Sparkasse Wittgenstein, the municipal park Grebenstein and the municipal park Grebenstein make it among other things.

The Arduous System

With a technology from the middle of the last century (exactly, the 50th, this is no joke now) can be done little. Sparkassenverband President Fahrenschon is eager to provide a suitable price for every service of his subordinate savings banks. This ramshackle system is time-intensive, old and the whole structure has to be paid somehow.

Over time

A euro here for withdrawing cash. There then 15 - 40 cents for an online transfer and in the end 24 hours waiting for a SEPA transfer - but only on weekdays, because if the employer pays off his salaries on Friday noon, then the money for the employees comes on Monday on the account.

This all-new development is all the more surreal for all those who have already come into contact with digital currencies . Here transactions in real-time are possible! Bitcoin as the largest example of digital currencies needs a bit "long", but in general it is fast.

But that is by no means all! Bitcoin payment processors speed up the process with real-time, while Ethereum, the second-largest blockchain, requires only a few seconds to a maximum of two minutes.Whether the SEPA transfer can keep up?

Offering Alternatives

If you see such comparisons, you might be pissed that he should pay for his transfer in the carriage tempo.

The alternative is as follows: Bitcoin, Ethereum, and Dash are currently running the field of cryptoscripts. To create an account, a so-called wallet (for Brieftasche / Portmoneé) costs nothing! No matter how long you have it.

Only the transactions cost money, so when I send money to another person. Transaction costs [in dollars] are shown in the figure above. These costs are shared by millions of computers on the network, who are meticulously checking each transaction for validity at a high speed so that fraud can not occur. In Euro, we see transaction costs (or "transfer costs" when compared with traditional banking) of: 71 cents for Bitcoin (unfortunately currently due to the block size debate at a record high, otherwise also far down, as the graph on the left hand side) 14 Cent for Ethereum <5 Cent for Dash

And so I can send money to everyone around the world! Prerequisite is, the opposite has a wallet for the same digital currency as me. But even if it has a different digital currency, with services like ShapeShift, I can even overcome this hurdle. So it does not matter if I send my colleague two cities more, or if my parents give me for the holidays in China what: It costs a fraction no matter how much money I send and it is incomparably fast there! accounts for everyone, efficient, secure, decentralized - that's already 2017! How to create a wallet: Bitcoin

Ethereum