7.24.2019

Business not as usual

Since we are on vacation and I prefer to spend time with my family on the beach, I have not logged into any of my bank accounts recently. I had high expectations when I logged into my accounts to see my big payouts.

Guess my surprise when Nordnet had not credited any dividends to the account but charged it for foreign withholding tax. Instead of increasing my cash, they had reduced them. Under normal circumstances, they first credit the dividend and then charge foreign tax.

Maybe it was a summer intern who pressed the wrong button.

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