Chase Bank Limits Cash Withdrawals - true or false?

wezcountry

wezcountry

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Aug 31, 2009
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In the EUSSR
From the slightly conspiratorial infowars.com:

"Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States."


161013letter1.jpg


Dear Business Customer,
Starting November 17, 2013:

- You will no longer be able to send international wire transfers. You will still be able to send domestic wires and receive both domestic and international wires. We’ll cancel any international wire transfers, including reccurring ones, you scheduled to be sent after this date.

- Your cash activity limit for these accounts(s) will be $50,000 per statement cycle, per account. Cash activity is the combined total of cash deposits made at branches, night drops and ATMs and cash withdrawals made at branches (including purchases of money orders) and ATMs.

These changes will help us more effectively manage the risks involved with these types of transactions.

Anyone know anything about this?
 


Sounds like they are up to something.

What does CC's sig say, watch the outlanders or some shit? Or it is Highlanders.
 
Had a client call me saying he wouldn't be paying my invoice because he'd just lost £40K in Cyprus. This blocked his purchase of a house elsewhere, for which he was fined. Dominoes gonna domino. Still pissed he didn't pay me though.
 
"Based on your recent activity, these changes will not affect how you bank."

Theyre taking a clue from government. Take liberties you didnt use away from you and make you ask about having them back. Thats what you refer to as being a peasant.
 
No really, you guys are cute. If this was a sign of your silly currency breaking down, those letters wouldnt exist.
 
Got this too and figured it was tied to regulation more so than financial melt down. Also agree with wayn3, I doubt they'd announce it if it was because of impending melt down, they'd just shut down the feature and reject all outgoing transfers and blame it on website problems or something if that was the case.

I might call in a bit and see what they say though.
 
Marketers being marketed to by Alex Jones.

You just gave him another $27.50 in cpm revenue congrats.
 
mpbiz said:
Marketers being marketed to by Alex Jones.

You just gave him another $27.50 in cpm revenue congrats.
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Must be proud.

Its that mentality that makes your lives so tough. You only enjoy the cake when youre the only one having it.
 
A good friend of mine just confirmed that he received a letter like the one linked to by OP from Chase. Scary stuff.
 
music4mic said:
Got this too and figured it was tied to regulation more so than financial melt down.
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It depends on how slow the melt is.


http://en.wikipedia.org/wiki/Capital_flight


I'd say it has less to do with a potential debt default, and more to do with the general sickness of the dollar as a currency. It may be "regulation" as well. They don't want you converting your dollars into other currencies.

Relative to other goods and currencies, any particular currency (dollar) behaves like any other good. More demand, value rises. Less demand, value lessens.

This is why the US will smash countries who try to sell oil in currency other than dollars. They are propping up demand, through military.
 
wayn3 said:
Must be proud.

Its that mentality that makes your lives so tough. You only enjoy the cake when youre the only one having it.
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LOL.

I just think it's funny how every time AJ posts something his followers re-post it like the world is ending. Go look at his media kit dipshit. Dude is probably living very comfortably.

And it's all based on fear.
 
I was thinking along the lines of FACTA and tracking American's dollars. I'd be surprised if this was related to actual currency, but da fuck do I know?
 
mituozo said:
Lol at this thread. Withdraw all your money, and buy guns with it. THE END IS NIGH.
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I haven't seen that in this thread, but I'll let you in on a little secret.

Ammunition has been one of the best investments in the last 5-10 years. I could explain several reasons for that, but I'm no match for your sarcastic one-liners.
 
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