===13-10-17 Reports: Limits imposed on cash withdrawals, wire transfers in large US banks === The main report is from Voice of Russia. And Russian media are more reliable than US media in reporting on developments in the US in recent years. Needless to say, such meausres are a cardinal sign of concern of collapse of the banks... although surely there would be explanations related to the War or Terror, etc... The Voice of Russia 17 October 2013, 13:14 JP Morgan Chase to limit cash withdrawals, prohibit all outgoing international bank wires, bank officials say JP Morgan Chase банк Photo: EPA In an apparent effort to front-run official government capital controls, JP Morgan Chase has issued letters to all its business account holders notifying them that as of November, 17 the bank will limit all cash transactions (including deposits, withdrawals, and ATM usage) to $50,000 per month, an voiceofrussia/news/2013_10_17/JP-Morgan-Chase-to-limit-cash-withdrawals-bank-officials-say-0524/d will prohibit all outgoing international bank wires. =LINKS= [1] JP Morgan Chase to limit cash withdrawals, prohibit all outgoing international bank wires, bank officials say voiceofrussia/news/2013_10_17/JP-Morgan-Chase-to-limit-cash-withdrawals-bank-officials-say-0524/ [2] REPORT: CHASE BANK LIMITING CASH WITHDRAWALS Also banning customers from international wire transfers wnd/2013/10/report-chase-bank-limiting-cash-withdrawals/#roSjzKR3oAjwImMO.99
Posted on: Thu, 17 Oct 2013 19:17:37 +0000
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