Tuesday, May 20, 2008

Murder, Inc.

Juan decided to close his bank account and he did it the quick and easy way: he emptied his account using his ATM card. Now since ATMs only dish out cash in multiples of 1,000, 500, and 100 pesos, he left the measly 26 pesos that he couldn't have withdrawn anyway.

Now think of how many people do this to effectively close their bank accounts. In a day. In a week. In a month. In a year.

Using 26 pesos as a factor, let's say 5 people did this everyday. That's Php 130/day; Php 910/week; Php 3,640/month; and Php 43,680/year.

Someone's making a killing.


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