RainbowlitDelight
Wed Sep 04 2024
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6 answers
1392
Does Trading 212 charge for withdrawing money?
I'm curious to know if Trading 212 imposes any fees on withdrawals. As a trader, it's important for me to understand all the costs associated with my transactions, including any potential withdrawal charges. Could you please clarify if Trading 212 charges for withdrawing money, and if so, what are the specific fees involved? Additionally, are there any limitations or conditions that I should be aware of when making withdrawals from my Trading 212 account?
Marco
Sun Sep 01 2024
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5 answers
1372
Why do banks ask why you are withdrawing money?
I've often wondered, why do banks insist on asking the reason behind withdrawing money? Is it just a mere formality, or is there a deeper rationale behind it? Could it be a way for them to monitor suspicious activities and prevent money laundering? Or is it simply a means to understand their customers' financial habits better? As a cryptocurrency enthusiast, I'm accustomed to the anonymity and decentralization it offers, but the traditional banking system seems to operate quite differently. I'm curious to know, what are the actual reasons behind banks asking such questions?
