Can't Withdraw Money/Banks Preparing For Collapse...

H

HAC888

Member
Last Friday, I tried to withdrawal $10 K from My checking account from BOA . The bank tellers told me that I can only withdraw $6K. then, come back on Tuesday next week to get more... something is not right... I search and read below links... I would like to know what SS members thoughts and comments.



Can't Withdraw Money/Banks Preparing For Collapse

http://www.youtube.com/watch?v=QgIF5JToeRI

Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG

http://theeconomiccollapseblog.com/...iders-are-rapidly-preparing-for-something-big
 
Most bank branches have daily withdrawal limits. Did you get your 6K on Friday? and today veteran's day is a public holiday isn't it? Wake me up when you can't get the other 4k out tomorrow but feel free to rage anyway.
 
One of those articles is well over twelve months old.
Do you try to withdraw by card, purchase or in person, at the counter?
Have you tried to get a bank cheque for instance?
 
Back in the olden days, most branches have a MINIMUM amount of cash on hand, it is dead money to the Bank.

It was cleared to Head Office as often as possible, and became "float" to be invested on the 'Short Term Money Market' at overnight rates. I doubt it would be all that much different today.


OC
 
In Aus you can withdraw as much as you want, if you ask for $30,000.00 in cash you will get it there on the spot. If you ask for larger amounts such as $80,000.00 up they will ask you to come back in 5 working days as it needs to be ordered in. May be a limit thing in the US?
 
Thank you for comments.

I did got 6k at the counter from the Bank teller. ( I withdraw 9k last time without any problem) oh, The teller said, if I pay bills or buy Casher Check it is OK...but if I want cash then I have to wait... ( this big bank ( BOA) do not have enough money or something is going on that they do not want give out cash.. .I do not see the lacking of paper money when Gov is printing it like no tomorrow... )

What bother me is that I can not withdraw my own money out of the bank any time I want ( as long as I have money in there and the balance shows available).

The interesting of The article of the links is that starting 11/17/13 Bank wire will restrict people to transfer fund to outside US... ( other country might or will happen soon)..
 
Just relax. Take a few days off work away from your computer or any media. Sure stuff will happen one day. But reading all this dooms day stuff and stressing too much about it won't help you out.

Clear your head. Then you can think clearly and assess the risks with more clarity and make a more effective action plan just incase things go bad and just in case they dont go bad whilst assessing the actual probability of the risks. Rather than a panicked dash for cash from the bank...... which could rase red flags with the bank staff among other things.

Anyway thats my opinion.
 
"In Aus you can withdraw as much as you want, if you ask for $30,000.00 in cash you will get it there on the spot."


You will only get that sort of money if they happen to have it in the safe, and the Manager decides it is surplus to requirements that or next day. 15 minutes before closing time may be a good time to ask.


OC
 
HAC888 said:
Thank you for comments.

I did got 6k at the counter from the Bank teller. ( I withdraw 9k last time without any problem) oh, The teller said, if I pay bills or buy Casher Check it is OK...but if I want cash then I have to wait... ( this big bank ( BOA) do not have enough money or something is going on that they do not want give out cash.. .I do not see the lacking of paper money when Gov is printing it like no tomorrow... )

What bother me is that I can not withdraw my own money out of the bank any time I want ( as long as I have money in there and the balance shows available).

The interesting of The article of the links is that starting 11/17/13 Bank wire will restrict people to transfer fund to outside US... ( other country might or will happen soon)..
Click to expand...


The US government isn't actually printing physical money as I understand, its all just numbers going out on computers to the bank. Ive also heard that in the States it's hard to find money printed after 2009.
I would be interested to know if this is true
 
With most banks I've dealt with, a phone call in the morning can guarantee almost any amount for withdrawal.
 
Golightly said:
HAC888 said:
Thank you for comments.

I did got 6k at the counter from the Bank teller. ( I withdraw 9k last time without any problem) oh, The teller said, if I pay bills or buy Casher Check it is OK...but if I want cash then I have to wait... ( this big bank ( BOA) do not have enough money or something is going on that they do not want give out cash.. .I do not see the lacking of paper money when Gov is printing it like no tomorrow... )

What bother me is that I can not withdraw my own money out of the bank any time I want ( as long as I have money in there and the balance shows available).

The interesting of The article of the links is that starting 11/17/13 Bank wire will restrict people to transfer fund to outside US... ( other country might or will happen soon)..
Click to expand...


The US government isn't actually printing physical money as I understand, its all just numbers going out on computers to the bank. Ive also heard that in the States it's hard to find money printed after 2009.
I would be interested to know if this is true
Click to expand...

It is important to note that there is not a series for every calendar year. A new series will result from a change in the Secretary of the
Treasury, the Treasurer of the United States, and/or a change to the
note's appearance such as a new currency http://www.onedollarbill.org/decoding.html
Since the same Treasury Sec and Treasurer served from 2009 until this year, all money printed until 2013 will be from "Series 2009."
 
sammysilver said:
With most banks I've dealt with, a phone call in the morning can guarantee almost any amount for withdrawal.
Click to expand...

A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
 
willrocks said:
A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
Click to expand...

Can I ask;

Is that legal? and,
Can they refuse to give you the money based on any answer or lack there-of?
 
willrocks said:
sammysilver said:
With most banks I've dealt with, a phone call in the morning can guarantee almost any amount for withdrawal.
Click to expand...

A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
Click to expand...

They can't ask what it is being used for, it is your money. I have had one teller get a bit flustered when I did a fairly large withdrawal and ask me where I was taking it, was it safe for me to be carrying that amount of cash? I sort of fobbed the question off and she got the branch manager and he checked my ID and co- signed the withdrawal paperwork.

It is none of their business, if they pushed me for an answer I would say " I am using it for hookers and beer and I have a gambling problem but it makes me sad when I talk about it........ Just process the transaction please"

Big transactions in cash will flag the transaction but if it is legal cash you have and they can see where it has come from there is no problem.

Disclaimer : I have a gambling problem and a penash with the high class ladies.......
 
SilverJay said:
willrocks said:
A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
Click to expand...

Can I ask;

Is that legal? and,
Can they refuse to give you the money based on any answer or lack there-of?
Click to expand...

I got the feeling the teller wasn't 'just being friendly'. There was a definite feeling that she was asking because it was protocol.

At the time I had made quite a few cash withdraws in the span of a month. My guess is that raised a red flag on my account.

I guess they could refuse. Deposits in the bank aren't technically yours.
 
willrocks said:
A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
Click to expand...
To which my response would be 'to conduct my business'
 
goanna said:
willrocks said:
A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
Click to expand...
To which my response would be 'to conduct my business'
Click to expand...

I think I said something along the lines of "I'm buying a boat".
 
willrocks said:
SilverJay said:
willrocks said:
A few times I've been asked by the teller 'what the money will be used for'. This is for cash withdraws less than 8K.
Click to expand...

Can I ask;

Is that legal? and,
Can they refuse to give you the money based on any answer or lack there-of?
Click to expand...

I got the feeling the teller wasn't 'just being friendly'. There was a definite feeling that she was asking because it was protocol.

At the time I had made quite a few cash withdraws in the span of a month. My guess is that raised a red flag on my account.

I guess they could refuse. Deposits in the bank aren't technically yours.
Click to expand...

More likely they were trying to upsell products to you. If you say that you are withdrawing the money to go travelling they might tell you about their Visa Travel Card, or for investment they might say something about their unit trusts. They have a whole bunch of targets for product penetration that they need to hit as tellers, and they can get canned if they don't.
 
link from post1. he seems to have a downer on Obama..US debt started during the Bush era..It was at $7 trillion when he left office as well he left with 2 wars to be paid for.

Now she has a direct line to the Prince of Kings. :) .

I too believe that the USA IS IN TROUBLE, but it is not the fault of the Red or Blue teams but rather the corruption at the Reserve Bank and Wall St.

No wire transfers out of the US will hurt a lot of Mexicans, Cubans etc who depend on receiving monies from relatives in the USA . Will this hurt the business community in Australia?

Australia is heavily dependent on monies from overseas as our Banks borrow short and lend long. Funds have to be incoming all the time as a nation of 23 million does not have enough capital to sustain our mining, business, building, casinos and housing industries.

Now derivatives, well that is another story. :)

Keep stacking silver/gold, then you won't worry so much.

Regards Errrol
 
You must log in or register to reply here.
Back
Top