Value Subtracted@startrek.website to Canada@lemmy.caEnglish · 11 hours agoNon-sufficient funds fee will be limited to $10 in Canada starting next yearwww.cbc.caexternal-linkmessage-square19fedilinkarrow-up1134arrow-down10
arrow-up1134arrow-down1external-linkNon-sufficient funds fee will be limited to $10 in Canada starting next yearwww.cbc.caValue Subtracted@startrek.website to Canada@lemmy.caEnglish · 11 hours agomessage-square19fedilink
minus-squarePhil_in_here@lemmy.calinkfedilinkarrow-up11·edit-28 hours agoCan anyone explain what risk or labour is involved in an NSF incident and how that’s even worth $10?
minus-squarerekabis@lemmy.calinkfedilinkarrow-up6·6 hours agoIt’s 100% automatic and electronically based. The marginal cost of processing any NSF is quite literally $0. Even at $10, it’s 100% profit to the banks.
Can anyone explain what risk or labour is involved in an NSF incident and how that’s even worth $10?
It’s 100% automatic and electronically based. The marginal cost of processing any NSF is quite literally $0. Even at $10, it’s 100% profit to the banks.