I'm a Brit living in France where one of the companies I worked for in Paris was a US
stockbroker's which set up a retirement
fund. I have now been retired for five years
and have since been receiving a monthly check for USD97.94. I opened a USdollar a/c
at my French bank which has subsequently been docking me around USD22.°° in charges
on every check!! I have now received a check for December for the usual USD97.94,
only to find that the emitting US bank has dedecuted USD29.38 under the heading "NRATX-FR"... Would that be a one-off payment for the year or can I expect to be deducted a similar amount each month to add to the charges my French bank already deducts monthly, if so then I am being royally screwed!! Is there anyway I can sidestep
these excessive charges as for one thing, I have no links to the USA whatsoever and
I have already complained to my French bank that I find their charges outrageous?
After all, it's only a piddling small complimentary pension
Thanks for any advice.