It is true of what you portray here of banks being the intermediary, they are the ones claiming to be the middleman, that without them you can not have a complete transaction, and that is why they mostly Involves in all our operations, yet tends to be putting more fear in the minds of their customers, with high charges and all the rest.
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Yep. They do this at the government level. Many of the transfer payments are conducted by the banks. They are reaping in huge money providing this "service".
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Which is very unethical yet they are the ones with this practice
Not sure it is unethical since it is what the governments agree to. It is not like the banks are suddenly charging a fee.
Now if we want to add government corruption to the discussion and backroom deals, that is an entirely different, and accurate, matter.
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I agree to it