Gaza workers who normally get their salaries from ATM machines are now at the mercy of moneychangers who are charging as much as 15%:The banks are closed and the ATMs are destroyed, and until the employee gets the money in his hands, he will go through a journey of exploitation, from people who have “cash” in their hands, and they charge commissions ranging between 5-7-10-15% for the exchange!This forces the employee to agree to the fees despite the clear exploitation of people's circumstances during the most difficult times they are going through.The matter is not limited to moneychangers only, but Sada learned that commercial stores were able to partially open their doors recently, disbursing employees’ salaries in the same way, “transferring the value of the salary through banking applications, and when notification arrives of the completion of the transfer process, the employee is given his salary, minus a commission he specifies. He charges money as he pleases.”This also affected remittances that reach citizens from abroad, for example via Western Union, in exchange for which they are disbursed with large commissions of up to 15%.
Wednesday, January 17, 2024
- Wednesday, January 17, 2024
- Elder of Ziyon
Another story in a similar vein was published in Sada News - this one about moneychangers.
They are such wonderful people!