Bank Logic

Here’s a headscratcher from Chase (formerly WaMu):

1. Domestic wire transfers are free from personal checking accounts.
2. From business checking accounts, there is a $20 fee.
3. It is free to transfer money between business and personal checking accounts.

Great policy, Chase.  I’m sure your employees enjoy processing the extra paperwork, and the customers behind me appreciate the extra wait.

-Nick

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Tags: business