Comment by littlecranky67
9 months ago
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.