HSBC Bank Blocking Large Withdrawals Without ‘Evidence’ Of Spending Need (UK)

Prophecy News Watch email ^ | January 26, 2014 | Unknown

[RetiredArmy]

Coming to the USA with one Executive Order from the Dictator in Sodom on the Potomac. I get this email each week. They post interesting articles concerning end time events. My wife and I were just discussing this morning if we should withdraw a hunk of our savings and lock it in our fire proof, nailed to the concrete floor anti-theft, gun safe. It is one of those large wardrobe locker type that takes four men to move. Or just dig a hole in the ground and bury it in a mason jar.

[RetiredArmy]

SORRY FOR THE ALL BOLD. It simply would not correct. I used the </b> and it still did not work. So, sorry for the bright bold.

[Wolfie]

It’s a bank policy, not a governmental policy. If US banks wanted to, they could do it today. They don’t need an EO from anybody.

[Buckeye McFrog]

FDR did this to my great aunt during the Depression.
No doubt why the family found $30,000 stuffed in her mattress after she died.

[ken5050]

" My wife and children and being held hostage by armed kidnappers at my home. I need the cash to pay the ransom."

Try that, and see what they say:

"May we please see the ransom note? No note? Sorry, no cash. It's bank policy. See if the kidnappers will take a bank check, or a wire transfer. And thank you for banking with HSBC, and have a really great day!!!"

[JimRed]

So, sorry for the bright bold.

OK, it's easier to read without those silly reading glasses!

;^)

[sickoflibs]

This could actually protect the savers though.

A run on the bank and many would lose everything.
Happened here in 1929.

[molson209]

HSBC new feature ,holding your money for ransom

[SkyDancer]

Such as they limit how many transfers per month you are allowed to make from savings to checking before you are assessed a fee. But you can make as many withdrawals from savings through an ATM with no fees. (USBank)

[G Larry]

Brits should tell their bankers:

“I need to buy a TANK to protect myself from TYRANNY!!!!”

[RetiredArmy]

So, your okay with you go down to the bank. Say you have $100,000 in savings and want $15,000 to BLOW. You hand them the withdrawal slip and they say NO! You say I want my $15k to blow in Vegas. They say NO. You cannot have it. Go away. So your telling me your okay with this policy??? Really???

[PowderMonkey]

They went on to say "HSBC has not made the necessary adjustments, during the quantitative easing reprieve...The result has been extreme earnings overstatement, causing HSBC to become one of the largest practitioners of capital forbearance globally... This charade appears to be ending."

Gobbledygook and doublespeak. In other words: COOKING THE BOOKS.

[lbryce]

This enrages me like nothing else I can ever recall.

How about It's My ***king Money!!!???

[sickoflibs]

RE :”So, your okay with you go down to the bank. Say you have $100,000 in savings and want $15,000 to BLOW. You hand them the withdrawal slip and they say NO! You say I want my $15k to blow in Vegas. They say NO. You cannot have it. Go away. S”

In the case of the US the Fed creates new $$$ from nothing to handle bank runs, which pretty much prevents them,

But in England they cant just create the currency so if they don't prevent a bank run then many customers will be screwed for good. "So your telling me your okay with this policy??? Really???" HAHA

Banks make $$$ by loaning it out. They cant just call a homeowner and demand full payment on a mortgage on the spot.

[JRandomFreeper]

the bank wants to make sure it's the right way to make the payment."

None of their damn business.

/johnny

[JRandomFreeper]

This could actually protect the savers though.

Not their damn business.

/johnny

[sickoflibs]

RE :”This could actually protect the savers though.
.....
Not their damn business.”

Its not the banks business to take steps to make sure that their savers money that they took is not lost?

I am finding that a bit illogical especially given the theme of this thread.

[Right Brother]

http://www.youtube.com/watch?v=HX0fIi3H-es

[JRandomFreeper]

Its not the banks business to take steps to make sure that their savers money that they took is not lost?

No it is not.

The business of the bank is to take deposits, use those deposits to make loans, and to pay out drafts on those deposits.

It is NOT the business of the bank what you want cash for or what you intend to do with it.

You aren't big on freedom, are you?

/johnny

[sickoflibs]

RE :”You aren't big on freedom, are you?”

Not anarchy.