Chase Bank limits withdrawls and won't allow overseas transfers effective Nov 17

[ATCclears]

» Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers Alex Jones' Infowars: There's a war on for your mind!

Read More

 

[U201491]

» Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers Alex Jones' Infowars: There's a war on for your mind!

Restrictions on your own funds.?
Time to make sure you have barter materials available. Lots of it and the means to protect it.
Good times ahead :-/

 

[erudne]

http://www.northwestfirearms.com/pr...dwork-global-wealth-confiscation;-forbes.html

http://www.northwestfirearms.com/pr...withhold-electronic-food-stamps-november.html

http://www.northwestfirearms.com/pr...-nationwide-ebt-system-shutdown-saturday.html

 

[ATCclears]

I haven't verified this, but an email out from Sovereign Man ? Internationalization, Offshore Banking, Offshore Business, Global Opportunities, Self-Sufficiency and Freedom just said this:

"And starting October 20th, HSBC USA's Premier clients will have to wait a minimum of five days before transferring funds to their OWN international accounts"

 

[Mark W.]

So sounds tyo me like they are trying to limit people from sending cash out of the country. Like the millions and millions of dollars being sent every month to Mexico from the USA never to return.

 

[ATCclears]

So sounds tyo me like they are trying to limit people from sending cash out of the country. Like the millions and millions of dollars being sent every month to Mexico from the USA never to return.

Just like Cyprus...

 

[cookie]

All this going on is scaring the you know what out of me.

 

[kenjo]

If you make more than 6 withdrawals from your savings account in one month, Chase charges $5/withdrawal.

According to Chase:

"For your reference, there is a $5 Savings Withdrawal Limit
Fee for every withdrawal or transfer out of your savings
account over the limit of six within a monthly statement
period.

Federal Regulations limit the number of checks,
preauthorized transfers and withdrawals that can be made
from any savings or money market savings account. The
regulation also requires us to make sure that these
transactions do not go over the permitted limits.

This fee can be waived if you have a balance of at least
$15,000 in your savings account at the time you make a withdrawal."

So Chase is blaming it on the federal government.

 

[oknow]

Just close the account and go somewhere else

 

[erudne]

I believe that this is the start of a Cyprus Haircut to take place over Thanksgiving Holidays, I suggest removing the majority of your funds from all accounts (as cash, not checks)

 

[ATCclears]

Chase is attempting to downplay the article, but per InfoWars Chase is not restricting inbound cash flow to accounts.

Buckle in, and keep an eye for contract changes with your own financial institution(s)...

Peter

» Chase Bank Claims Concern About Capital Controls is an ?Overreaction? Alex Jones' Infowars: There's a war on for your mind!

 

[EZLivin]

Restrictions on your own funds.?...

Once you deposit funds in an account they are no longer your funds. You become an unsecured creditor to the bank. The bank is obligated to give you, on your request, the amount of money you deposited if they are able to do so.

 

[EZLivin]

So sounds tyo me like they are trying to limit people from sending cash out of the country...

Yup - capital controls. And only the beginning; tougher capital controls will be instituted as the situation in the US worsens (2015+).

 

[AMProducts]

The feds have done some really dumb stuff in the name of "fighting terrorism" one of the things included in that are new banking rules that most of us are completely unaware of but will get hit with when we "violate" the rules. I had this headache a while ago when I had a customer who wanted a refund to the tune of $9000. Which between about 3k in the bank and another 6k in cash on hand I was able to pay back, the bank flipped out when I showed up with that much cash.

I usually try to keep cash on hand, and in the bank, it means if I find a great deal on a piece of equipment I can pay for it without the headache of dealing with the bank, at the same time keeping cash in the bank increases my credit rating, and makes it easier to pay suppliers. I just make sure I keep all the accounts straight and on the ledger in case someone ever shows up for an audit.