I went online to check our bank account with Alpha Bank to find they had charged us 5 euro for setting up a Payment Order.
We went to the bank and spoke to the clerk who told us it was for a Direct Debit for our mortgage loan, we told him we pay the mortgage in sterling every month we put in what is needed and have done so for the last 7 years, I don't want to have to change sterling to euros to swiss franc.
Apparently it is now the banks policy to make everyone who has a loan account have a DD in their euro account BUT you don't have to use it, you just have to have it. How can you have a DD set up without you knowing about it or even signing for it?
Has anyone else had this done to them, I know its only 5 euro but its the principle that the banks can do just about anything that they want to with someone else's money.
Jan.
Bank Charges
General questions & discussions on Cyprus property related matters
Return to “General Property Questions”
Jump to
- Welcome
- ↳ General Property Questions
- ↳ FAQ
- ↳ Membership Terms
- ↳ Announcements
- ↳ Suggestions
- Lounge Area
- ↳ Kafeneion (coffee shop)
- ↳ Introduce Yourself
- HELP FORUM: Cyprus Property Problems & Issues
- ↳ Announcements
- ↳ Communal Property Management
- ↳ Property Ownership
- ↳ Buying Off-Plan
- ↳ Property Faults
- ↳ Contract Cancellation Fees
- ↳ Contract Problems
- ↳ Contacts
- HELP FORUM: Legal & Financial Issues
- ↳ Louise Zambartas' Legal Questions
- ↳ Mark Nowell's Financial Questions
- QUESTIONS FORUM: Buying Property in Cyprus
- ↳ Buying Property 'Off-Plan'
- ↳ Buying Resale Property
- ↳ Buying Renovation Property
- ↳ Buying Land
- ↳ Building Custom Homes
- QUESTIONS FORUM: Selling Property in Cyprus
- ↳ Selling Property