Romanian PM refuses to receive his salary on a banking card

30 August 2017

Prime Minister Mihai Tudose said he refuses to receive his salary on a banking card because he does not want to pay the associated fees, Agerpres reported. He made the statements in a TV show on August 29.

When asked why he does not keep money in bank accounts, the Prime Minister said: “I don’t have what money to have at the bank, this is all the money […] I refused to put my salary on a card because I don’t think it is worth giving two cents to that bank every time I use the card. I don’t want to give it, I don’t think it is worth it.”

Tudose gave the example of one of his experiences with the banking system.

“I had a bank account, with a minor foreign currency sum, USD 500. After about two years, the bank called me to tell me I no longer have the money, and that I needed to pay back around USD 50. Actually, the commission […] swallowed my funds. […] Ever since, this has been my stance as a private person,” he explained.

The head of the government also argued people should keep their savings at “serious” banks, which have a profit.

“There are serious banks, which respect Romania, and there are banks which try to outsmart the state […] If they have a profit, it means our money is safe, isn’t it? That’s what I say,” Tudose said, quoted by Agerpres.

PM wants to warn Romanians about unsafe banks, central bank says system is solid

editor@romania-insider.com

(photo source: Gov.ro)

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Romanian PM refuses to receive his salary on a banking card

30 August 2017

Prime Minister Mihai Tudose said he refuses to receive his salary on a banking card because he does not want to pay the associated fees, Agerpres reported. He made the statements in a TV show on August 29.

When asked why he does not keep money in bank accounts, the Prime Minister said: “I don’t have what money to have at the bank, this is all the money […] I refused to put my salary on a card because I don’t think it is worth giving two cents to that bank every time I use the card. I don’t want to give it, I don’t think it is worth it.”

Tudose gave the example of one of his experiences with the banking system.

“I had a bank account, with a minor foreign currency sum, USD 500. After about two years, the bank called me to tell me I no longer have the money, and that I needed to pay back around USD 50. Actually, the commission […] swallowed my funds. […] Ever since, this has been my stance as a private person,” he explained.

The head of the government also argued people should keep their savings at “serious” banks, which have a profit.

“There are serious banks, which respect Romania, and there are banks which try to outsmart the state […] If they have a profit, it means our money is safe, isn’t it? That’s what I say,” Tudose said, quoted by Agerpres.

PM wants to warn Romanians about unsafe banks, central bank says system is solid

editor@romania-insider.com

(photo source: Gov.ro)

Normal

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