Wednesday, October 16, 2013
Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers
Preparing for looming financial crisis in U.S.?
Paul Joseph Watson
Infowars.com
October 16, 2013
Infowars.com
October 16, 2013
UPDATE: Chase Bank confirmed to Infowars that all business account holders were being subjected to these new regulations. They indicated that customers would have to pay a fee on every dollar withdrawn over the limit. Given that even a relatively small grocery store or restaurant is likely to turnover more than $50k a month in cash payments, this appears to be part of a wider move to shut down businesses who mainly deal in cash. The bottom line is that banks think your money is their money and will do everything in their power to prevent you from withdrawing it.
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 by imposing capital controls.
Read full article here: http://www.infowars.com/chase-bank-limits-cash-withdrawals-bans-international-wire-transfers/
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