I don’t really earn that much, and what little I earn actually goes to paying bills for food and utility bills.
Today was a rather different day though. I checked my current balance and it indicated 2,500. (Yes, that is all I have with me.) Then I decided to withdraw 2,000, so I could pay the bills at VECO, only to find out that the machine wouldn’t dispense any cash. I thought it was odd, so I checked my balance and wow, only 500 left instead of 2,500.
Of course, I filed a complaint with my bank (RCBC), and they said that this would be ‘fixed’ after two weeks or a month.
You see, middle-class/lower-class people like me earn so little, and the little money that we earn is actually taken away from us? I decided to ask some of my friends who work at different banks and they say that this occasionally happens, because the bank uses your money for a week or a month, and invest it somewhere else. This is what they call a ‘delaying tactic’, magpa offline-offline o system failure kunohay just so they can use your money.
I was shocked because all of this is new to me, so I want to know the truth… is it true? Do banks like RCBC deliberately withhold the little money that we earn, for their own racket?