How come transfers within the region is free while there is a transfer fee charged after the 4th inter-region transfer?
Only banks with poor technology and do the transfers manually can justify the extra charge because of the extra work. With money being easily wired with the help of technology, the distance should have no effect on the amount of work.
Does Metrobank do these transactions manually? Is their system outdated? Who would trust a bank with an outdated system when a newer and more convenient one is available? Is that what they meant by being in good hands?
Or are they just being arbitrary?
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