Bank transfers

Bank transfers

Almost everyone living, working, doing business or touring
both in Indonesia and the Pacific Rim region must suffer the
frustration, delays and costs when bank transfers are delayed, go
astray or must be tracked.

The banks blame correspondent banks or the "it goes via New
York" routine but the upshot is that an overnight transaction
invariably remains in the hands of "banks" for one week or more.

Perhaps my letter might create a brief forum for customers
with their own horror stories or even some response from bankers
with their comments on the causes of the problem.

ROSS SINGER

Victoria, Australia