Kuveyt Türk Increased Gold Withdrawal Fee from 1% to 4% Without Proper Reason
Kuveyt Turk Bank increased the physical gold withdrawal fee from 1% to 4%, and this significant increase is definitely not due to inflation. How can this bank make such decisions and implement them without any oversight? They are also earning extra interest on the gold I purchased with my own money. Despite claiming to be an interest-free bank, they have charged more in commissions than traditional interest-based banks. Kuveyt Turk has clearly set its sights on draining our pockets. From now on, you have become a bank I will never trust to hold my money again.
No one is getting back to me from your side.
Here's the translation of the text from Turkish to English: "Not a single person called from you. I suggest anyone buying gold from this bank think twice. They increased their commissions from 1% to 4% to prevent physical withdrawal. And they did this without notifying anyone through messages or announcements. They've practically set their sights on our money."
