💰 "In the name of transfers... banks are skinning expatriates with crazy fees!"
In every corner of the world, there is an expatriate working hard to send $200 to their family, but before it arrives, someone reaches out…
Not a thief, but the bank.
🩸 Who is stealing from the expatriate? The banks, without shame.
Transferring $200 could cost:
115$ to Tanzania
53$ to Turkey
35$ to Senegal
All this for what they call "service fees", but the reality is:
A slow, complicated, non-transparent… and deliberate system.
🧠 A designed system
Companies like Western Union, MoneyGram, Ria control the market, with no real competition.
In 2020, the World Bank confirmed that banks take an average of 10.89% of the transfer value, making them the most expensive among all methods.
🎭 The lie of safety and service
The bank says: "Safe and fast!"
But the money is delayed, and part of it evaporates in fees.
The result?
A worker has a week’s salary deducted just to benefit the bank.
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✊ The expatriate does not need pity… but justice.
The fees are not imposed on the rich, but on the poor.
And those who remain silent about this injustice are complicit in it.
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🧨 The bitter truth: this is organized theft.
Transferring through banks = public depletion.
Modern alternatives like cryptocurrencies (USDT, USDC) on fast networks like Solana allow sending money in seconds for negligible fees, but they are fought… because they threaten banks' profits.
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💡 The alternative exists… but the field is monopolized.
What is presented as just a "service" is, in reality, a global monopolistic market that reaps billions from the theft of expatriates.