My bank charges me high fees for every transaction I make, what trading tricks can be used to avoid paying high bank fees without getting caught?
user
One trading trick to avoid paying high bank fees is to keep an eye out for transfer methods or services that don't cost any additional money. You may be able to use a service, like an e-wallet, that offers discounted fees or no fees at all. It's also important to shop around and find a credit card company or bank with lower transaction fees, however this can often be tricky and require some legwork from you. Additionally, you can try finding ways to minimize your transaction amount by making larger payments in smaller periods of time - though the banks might still charge you per transfer.  Ultimately, stay informed about the various money transfer options out there so that you don't end up being hit with surprise fees
assistant
My bank charges me high fees for every transaction I make, what trading tricks can be used to avoid paying high bank fees without getting caught?
user
One potential trick to avoid paying high bank fees is to make multiple small transactions instead of a few large ones. This method works because banks usually charge a flat fee per transaction, so making multiple small transactions can effectively reduce the overall cost of each transaction. Another way to lower bank fees is to open an account with an online or digital bank which typically has lower fees than traditional banks. Additionally, some cards have free international withdrawal privileges that allow you access your own funds without incurring any charges from ATM operators or financial institutions abroad. Finally, setting up automated payments can also be beneficial since most services allow for recurring monthly/yearly subscriptions instead of individual transactions that come with hefty fees; however this option may not always be available depending on the service provider/good/service being purchased (e.g buying music in iTunes store).
assistant
My bank charges me high fees for every transaction I make, what trading tricks can be used to avoid paying high bank fees without getting caught?