A LITTLE OF MY STORY
Week II – Day 4
Banking – 7/27
So we were thinking that it would be
much easier to bank here instead of paying international withdrawl and swipe
fees to our bank. We’ve sent funds to ourselves via Western Union and then
called Uber to come get us so we can go pick up the money. It’s not as
complicated as it sounds. Once at the bank, we are stopped by security gaurds
who search my purse and wand Michael down; this happens everywhere! The banks,
the malls, the mobile phone shops all take their time to check people out
before they are allowed to enter; security is tight in Uganda!
much easier to bank here instead of paying international withdrawl and swipe
fees to our bank. We’ve sent funds to ourselves via Western Union and then
called Uber to come get us so we can go pick up the money. It’s not as
complicated as it sounds. Once at the bank, we are stopped by security gaurds
who search my purse and wand Michael down; this happens everywhere! The banks,
the malls, the mobile phone shops all take their time to check people out
before they are allowed to enter; security is tight in Uganda!
Anyway, I was going to one particular
bank for a cash withdrawl from my credit card and thus began another journey!
The first bank’s teller said that their machine was not working. The second
bank’s teller said that they did not perform such transactions. The third bank’s
line had five people ahead of me and the person at the window had not moved for
10 minutes! The fourth and final bank, Barclays, had everything I wanted: a
working machine, no line, warm & friendly rep BUT!!! they also had a huge
fee!
bank for a cash withdrawl from my credit card and thus began another journey!
The first bank’s teller said that their machine was not working. The second
bank’s teller said that they did not perform such transactions. The third bank’s
line had five people ahead of me and the person at the window had not moved for
10 minutes! The fourth and final bank, Barclays, had everything I wanted: a
working machine, no line, warm & friendly rep BUT!!! they also had a huge
fee!
I paid the fee then asked about opening
an account. No luck! Before opening an account, one has to have the following:
an account. No luck! Before opening an account, one has to have the following:
–
Proof of residency
Proof of residency
–
Valid passport
Valid passport
–
1 passport-size photo
1 passport-size photo
–
Work identification
Work identification
–
6 months bank statement
6 months bank statement
I was tempted to ask if this was the
same requirement for all the corrupt officials but decided to keep my mouth
shut. I’ve never been a foriegner before and I’m not sure if the policies are
the same in all the other African nations and if they are, I think that more
people would be willing to live and start businesses if the process was a bit
more simplified for the common folk like us.
same requirement for all the corrupt officials but decided to keep my mouth
shut. I’ve never been a foriegner before and I’m not sure if the policies are
the same in all the other African nations and if they are, I think that more
people would be willing to live and start businesses if the process was a bit
more simplified for the common folk like us.
Last Thursday I learned a lot and was
quickly sat down and humbled by the fact that I’m no longer in the United
States and must conform to the way of life here on The Continent.
quickly sat down and humbled by the fact that I’m no longer in the United
States and must conform to the way of life here on The Continent.
No pictures of this experience just lots
of lessons to carry with me.
of lessons to carry with me.
Thank you for taking the time to read this post. Stay tuned for more updates!
- Reé