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Comment by ranguna

9 months ago

What do you mean?

I just tried transferring 0.01€ and it showed 0€ in transaction fees.

Not sure what you're on about.

Because you are a private entity. Buisness Accounts usually charge per transfer, even incoming (i.e. my german Postbank business account charges 0.10€ for every INCOMING transfer).

And if you start receiving hundreds of 0.01c transfers into your private bank account, you will receive a friendly phone call from you bank very soon.

  • Ah so what you are saying only applies to business accounts. Your originally post did not make that distinction.