XPost: rec.arts.sf.written, rec.arts.books   
   From: lcraver@home.ca   
      
   On Sat, 7 Sep 2013 04:35:29 +1000, "Rod Speed"   
    wrote:   
      
   >> (And those fees would, of course, be   
   >> passed on to the customer. Like I said.)   
   >   
   >Not to those who don’t pay any fees.   
   >   
   >> Nice dream world you've living in there, son.   
   >   
   >No dream involved with fee free accounts, its reality.   
      
   Fees are always passed on one way or another even when it's "free" - I   
   convert Canadian into US dollars regularly in my work and there's   
   ALWAYS a spread between the buy / sell rates and the rate that Wall   
   Street Journal / Toronto Globe & Mail / Financial Times etc. quote as   
   the 'market rate'.   
      
   My bank drafts are "free" but there's always a 1 - 1.25% gap between   
   buy and sell rates and that's where they get their markup and pay   
   their overhead.   
      
   A 'free' bank account always has fees (usually in the form of foregone   
   interest) involved one way or another.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)