CStr

That sounds harsh. I live and work in a bank in Norway. The competition between banks here is fierce in that they all try to be as affordable as possible. As a result of that you pay nothing at all for opening an account, having several cards withdrawing money, depositing money, internet banking, transactions using the internet bank which is very fast and easy to use. No fee for phonebanking.

All the essentials and a little more is completely free and easy to use.

I do however tax 32% of my income.

Why aren't they this clever at governing countries

The "Processing Fees" are probably less that the normal bank charges anyway.

You get charged for:
1) Opening an account.
2) Having an account.
3) Internet banking (You are forced to have phonebanking and pay for that too)
4) Having a debit card which you have to have.
5) Depositing money.
6) Withdrawing money.
7) Lost card insurance.
8) Requesting a statement.
9) Receiving a statement in the mail.
10) Email, fax, Text message to confirm payments.
11) Internet banking (Online statement requests and balance enquiries)
12) Every single transaction.

Oh and then you get taxed on top of that.

Going by the previous poster...no it does not.

Another fine product of our excellent education system.

Banking hacking is common to every country. Not that it's not only in an online banking scheme but also the fraud happen in every media for fraudulent act like spam e-mail, fake sms, using commercial advertising and fake announcement in the ATM or robbing the people bank account with hypnotize in ATM that they will influence the victim to reveal their ATM card password.
Looks like the bank customer must aware for fraudulent act.