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A Polish bank that doesn't rip u off.....


Smyk9
8 May 2016 #1
Is there such a thing ?

I have 4 bank accounts in the UK - all different banks all with a visa / Mastercard debit card .... not one of em charges for...

1.printing off a bank statement ( balance summary) on an atm that doesn't being to the bank concerned.

2.an ongoing visa / Mastercard ( no monthly fee )

3.withdrawing money from another banks atm

And none of em require a minimum monthly deposit.

I'm with millennium in Poland and would u believe - they charge 2zl even if you only just want to check your balance on an atm not owned by the???

And should I fail to top my account up by at least a 1000 zlotys each month - there'll charge me a zloty just to make a withdrawal ((( ignoring the fact of course that in said case they will also deduct 15zl for failing to top up account with 1000zl)

To be fair it seem's most Polish banks are ****.. most are up to the same tricks

I'm thinking of trying wbk who for 7 zlotys a month will allow use of card in any machine and don't require a minimum monthly top up

Does anyone know of a bank where no monthly payment into the account is needed but for a small minimal amount will allow free use of debit card in all Polish atms?
Chemikiem 6 | 2,081
8 May 2016 #2
there'll charge me a zloty just to make a withdrawal ((( they will also deduct 15zl for failing to top up account with 1000zl)

That surely must have been in the terms and conditions of the particular bank account you opened? Did no-one point that out to you?

Does anyone know of a bank

If no-one is forthcoming with any recommendations, you can always check out terms and conditions of accounts with each individual bank. A quick search found the fees and commissions charged by your own bank for all their different accounts:-

bankmillennium.pl/en/individuals/support/price-lists-and-regulations

and here is the same for Alior for example :-

aliorbank.pl/resources/res_en/table_of_fees_and_commissions/individuals/fees_and_commissions.pdf

It might be a bit of a pain to go through all the Polish banks' charges, but the fees charged seem to be pretty clear, and will give you a good idea of whether a particular bank account is right for you or not.
Ironside 48 | 9,826
8 May 2016 #3
As I understand it there is no many Polish banks in Poland.
mBank - German Bank
BPH - American/USA (so far, seems they plan to withdraw from Poland...[?])
ING Bank NV - Dutch
Bank Zachodni WBK - Spain
Bank Pocztowy - Poland
Alior Bank - Italy
Bank Millenium - Portugal
Citi Handlowy - USA
Bank Pekao - Italy
Getin Noble Bank - Poland
Raiffeisen Polbank - Austria
Bank Ochrony Środowiska - Poland
InPolska 11 | 1,821
8 May 2016 #4
@Ironside: Alior is owned by a French millionnaire of Polish descent (whose name I can't remember now). There are also big French banks in Poland, namely now called BGZ/BNP Parisbas (Dutch BGZ was bought up by BNP (Banque Nationale de Paris) some 2 years ago), Société Générale and Crédit Agricole, which are very big on Polish market. Obviously there are a lot of things in Poland that you don't know of ;)

Anyway all banks in Poland are very mediocre and their sometimes even lousy services are expensive..
cms 9 | 1,272
8 May 2016 #5
No, it is owned by PZU, a state owned insurer. Add in Pko and BOS and actually quite a lot of the banking sector is still in Polish hands
kpc21 1 | 763
9 May 2016 #6
PKO BP is definitely Polish since it belongs to the state.

But does it matter, who owns the specific bank? I don't think so. What I would like first at a customer is the quality of service, not the country of the bank.

Also most of these banks used to be Polish, they were created either in the process of division of the NBP (Polish National Bank - currently responsible only for taking care of all the money on the market and supervision over all the banks) in 1989 - for example PKO BP, ING, BPH - most of the biggest banks, or were created from scratch as private businesses - like mBank. Only Pekao SA is a bank which existed before 1989 - and was also originally Polish.

Therefore they employ really a lot people in Poland and also pay taxes here.

Charging for checking the balance in a cash machine is typical especially for the online-oriented banks. From what I know, for example Pekao SA doesn't charge for this.

Debit card without monthly fee - yes, there are such accounts, but then you usually have a given minimum amount of card transactions which you have to make not to pay. If you use a card, then you don't pay for it. If you almost don't use it (using means making transactions in shops, not withdrawals in ATM's), then you have to pay. Or it might be also so that the card is totally free, but you pay something just for having the account. Although it might be also so that if you have a regular income to your account, then you don't pay anything for both the account and the card.

There is only one bank where the account is totally free - Smart Bank - but it's online only and you may have problems if something doesn't work (you have to call their hot line, wait for getting a connection with a consultant, and waste money for that, the consultant will probably unable to do anything other than just accepting a complaint, then you wait until they decide about your complaint etc).

There are banks which have offers for free withdrawals from ATM's of other banks.

WBK seems to have quite a good offer, if you want free withdrawals from all the ATM's.

mBank might be also good in terms of the prices, or T-Mobile (it's actually an offer of Alior, just branded by T-Mobile), but they are online only (mBank have some brick-and-mortar points, but not many, only in bigger cities, and only few of them allow you to do something more than just signing a new account or credit contract; T-Mobile have such services in some of the T-Mobile shops, also only in bigger cities), which means you will probably have to use a Polish-only web interface and sometimes use a Polish-only hotline.

mBank has "eKonto z darmowymi bankomatami", where if you make transactions by card for minimum 200 zł for a month, you don't pay absolutely anything. And you have free withdrawals, as the name says, from all the cash machines in Poland. In T-Mobile it works in actually the same way, but the monthly fee for a card if you don't do these transactions for 200 zł is 6 zł, not 7 zł like in mBank.

In PKO BP you have "Konto za zero", it's free if you make card transactions for at least 300 zł in a month. Withdrawals are free only from PKP BP ATM's, but they have probably most widespread ATM network.

But mBank has "eKonto standard", where it's enough to make 5 card transactions in a month (so just whenever you do shopping, pay by card) to make the account totally free, and they have free withdrawals from the ATM's of: mBank, BZ WBK, Planet Cash and Euronet. Those together are definitely a wider network than ATM's of PKO BP.

PKO BP is, though, definitely a brick-and-mortar style bank, you don't have to do everything on a phone. You just come to the bank in a street and do everything there. But still you need to find such a point of this bank in which the employees speak English.

What is weird in Poland is that most of the banks don't offer any online interface in English.
porky pok 2 | 127
9 May 2016 #7
Just checked MOFOs citibank is charging me 150pln a month gotta chek jutro for what.
kpc21 1 | 763
9 May 2016 #8
WTF? This is definitely something wrong, it's impossible they charge you anything like that unless you have taken a loan, or you have a direct debit (polecenie zapłaty) and it's not the bank who charges that from you. You must explain that with the bank.
porky pok 2 | 127
9 May 2016 #9
Thx to the OP I realized freaking Citibank was charging me 150 pln a month for years I just went and downgraded my Acct to Citibank priority Acct and SOBs waived it from next month.MOFOs hit me for thousands

edited


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