Bank Seeks Evidence of Need for Withdrawals

A while ago, we posted how Government s around the world are fast becoming obsolete. Here’s one of those indications why they are not what we though they are supposed to be.
From any sane perspective, we have a dysfunctional system, it needs to be shutdown in favor of a new one —  One that is truly built by You and I.
We don’t own the money in their banks, as much was we don’t really own the land “titled” to us. We are mere Tenants in the whole scheme of things — an elaborate illusion which only the victim could unplug himself from.
By all indications, another huge banking collapse is imminent.

Prove it: Bank blocking some customers from making large withdrawals without ‘evidence’ of spending need

Eric Pfeiffer

By January 25, 2014 5:24 PM The Sideshow

If you bank at HSBC in England, don’t plan on making any large cash withdrawals. At least not without a good explanation. Or, maybe even a permission slip.

That’s because a previously unannounced change in banking policy is blocking some customers from making large withdrawals without “evidence” explaining why they need the money from their accounts .

The policy affects customers attempting withdrawals for amounts as little as £5,000 ($8,253).

HSBC says it’s all done in the name of customer protection.

“The reason being we have an obligation to protect our customers, and to minimize the opportunity for financial crime,” HSBC said in a statement. “However, following feedback, we are immediately updating guidance to our customer facing staff to reiterate that it is not mandatory for customers to provide documentary evidence for large cash withdrawals, and on its own, failure to show evidence is not a reason to refuse a withdrawal. We are writing to apologize to any customer who has been given incorrect information and inconvenienced.”
The change in approach comes after the BBC aired reports from multiple HSBC customers who said they were denied in their recent attempts to make cash withdrawals.
Banking customer Stephen Cotton says he attempted to withdraw approximately $11,000 to repay a loan from his mother but was blocked from doing so.
“When we presented them with the withdrawal slip, they declined to give us the money because we could not provide them with a satisfactory explanation for what the money was for,” he told the BBC. “They wanted a letter from the person involved.”
Cotton says the bank wouldn’t even tell him how much he was allowed to withdraw under the new policy, which was not announced to customers when taking affect last November.
“So I wrote out a few slips. I said, ‘Can I have £5,000?’ They said no. I said, ‘Can I have £4,000?’ They said no. And then I wrote one out for £3,000 and they said, ‘OK, we’ll give you that.’ ”
In the U.S. there have been rumors of similar restrictions that major banks such as Citibank have denied. After the massive security breach at Target retail stores in December, JP Morgan did place a temporary limit on how much cash customers could withdraw from Chase ATM’s at Target stores and how much they could spend on their debit cards at one time. But that limit has since been removed.
A Conservative member of the British Parliament said the change in policy “infantilizes the customer.” However, the head of retail at the British Bankers Association defended the policy.

“I can understand it’s frustrating for customers,” Eric Leenders told the BBC. “But if you are making the occasional large cash withdrawal, the bank wants to make sure it’s the right way to make the payment.”

source »
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FEDERAL GOVERNMENT FORCING EMPLOYEES 401K FUNDS INTO TREASURIES?

Those who have been delaying moving their retirement funds out of the system on the account of early withdrawal taxes may want to take notice.
If the official 2012 year end notification an SD reader received from the TSP  is any indication, it appears that our prediction of forced movement of 401k, IRA, private & public pension funds into US Treasury bonds may be closer than ever.
As can be clearly seen via the document below, the retired former employee of the Social Security Administration has received official notice that all future 401k contributions have been moved from his prior allocation into 100% US treasury bonds!
Hey Doc,
I just heard from a friend of mine that who worked for the Social Security Administration for a few years that his entire 401k has been moved from where he allocated it into US treasury bonds.
He just received his annual statement that shows all of his funds have been moved, without his permission or even notice!
This is what Max Keiser and Jim Sinclair have been predicting for over a year now. As far as I know, thus far this has only been applied to non-active employees, but it looks like the tip of the iceberg, and smacks of desperation. I thought you guys could take a look at this. Silver Dragon
Treasuries
source»

Zeitgeist 2012: March 6

RUSSIA

The reformist Vladimir Putin was declared the winner of the just concluded Russian election. This victory did not come cheap. The West had been tailing his campaign trail with endless street demonstrations.

He stressed that this victory signals a defeat for those who want to destroy Russia.

This was more than just a presidential election. This was a very important test for us – a test for the political maturity of our people and independence. We have demonstrated that nobody can impose anything on us. We have shown that our people are capable of telling the difference between the desire for novelty and progress, and political provocations that press for only one goal: to destroy Russia. Today our people have proven that such scenarios are not going to work in our country,” Putin said.

Read more: http://rt.com/news/putin-win-supporters-speech-827/

However not everyone is happy. Neither his opponents nor the West…

But being the professional, Putin never hesitate to discuss with them post election issues…

In spite of the fact, that…

ITCHING FOR WORLD WAR 3

While the West is silent over Putin’s landslide victory, warmongering against Syria and Iran continue…

Defend Israel from whom?

Being the attack dog of the Rothschild, Netanyahu will make the first strike…

Another attack dog based in Washington D.C. is a man who could not even fly a plane properly…

WHY NOT WAGE WAR WITH CHINA?

 

This is probably the reason why the ICBM launched 35 miles off LA last November 8, 2010 did not make it to the target…

[youtube=http://www.youtube.com/watch?v=7UAeSsvHhTg]

In fact, attacking Iran will draw both China and Russia into a nuclear exchange that will wipe out all breathing animals on the surface of this planet. The center of martial arts know that the best offense is a good defense. They would rather disable the nuclear capability of its enemy rather than participate in a brutal fight towards mutual destruction, which the West doesn’t seem to have the wisdom to even contemplate.

The Cabal have lost their underground bunkers. They could not fly off-planet either. So why start a war they could not escape from?

The best option these Evils have is to step aside and allow evolution to take its natural course.

MASSIVE BANK AND OTHER HIGH-PROFILE RESIGNATIONS

For the last two weeks, we have witnessed how the rats were abandoning the sinking ship USS Federal Reserve. Among the biggest rat of all is the President of the World Bank himself…

A comprehensive list of bank resignations and related issues are available in these pages;

Current Updates from the WhiteHats and White Dragon Society:

CHICKENING OUT?

The alternative media is now the new mainstream source for credible news and updates. And all over the new mainstream media we are seeing reports of massive purging of the old guards. Whether we succeed in this process or not, we can only thank the brave men and women who unselfishly are taking the cudgels for us. Humanity will be forever grateful to all of them.

You, too, can join the fight against the Dark Cabal and accelerate its demise just by boycotting Big Pharma. You can effectively do this by downloading “Towards Healthcare Emancipation“, a fully illustrated do-it-yourself instructional eBook that will help you in implementing all eClinik methods that would negate the use of expensive medicine, avoid radioactive diagnostics and treatments in completely defeating cancer, AIDS and all other parasitic diseases. These methods, when faithfully followed, work 100% all the time. Find out more about this here.

Health & Medicine - Top Blogs Philippines

GTG

After we have made things complicated and completely messed them up, we are now trying hard to simplify them.

Nowadays, among the things we love to simplify is the lingo. Oh, how we love to shorten things out:

  • Instead of saying “you’re so funny”, we’d say LOL.
  • The funny guy would be surprise and ask WF, to mean “what for”?
  • Thinking that the funny guy missed the T in the middle, all you can say is 🙂
  • And when you can’t stand this pointless conversation anymore, you’d say GTG.

It’s the same in the world of finance, we have G7 and of course G20. I’m just curious, though, as to when can we ever have an E1, i.e. EarthOne?

Anyway, a German minister is now saying that Greece should GTG out of the Eurozone…

The outgoing WB Chief, Robert Zoellick, who said GTG two weeks ago, is rather merciless…

According to Ben Fulford, Mr. Geithner was held by New York City Police for questioning by the WHs where he needed to be slapped just to stop his parroting. Among the details that he gave is his being an errand boy, together with Obummer, for Bush Sr.

 

After being detained for questioning by the WHs, Mr. Geihtner proceeded to the G20 Summit where he emphasized that the Eurozone must never rely on the US in lieu of any IMF assistance…

I’m no financial expert, and the only firewall I’m acquainted with, beside both sides of the building I’m in is the computer firewall. But I know exactly what credibility means, and I don’t think these people have it. So what do these people do during and after these meetings?

None.

 

Again, the G20 leaders are echoing what Mr. Geithner had been saying, i.e. that a reliable financial firewall must be put in place before any help can be expected. This is another way of saying, we can’t print money anymore…

For years, I’ve been wondering who pays the bill for these elaborate meetings. Last Saturday, they did it again, this time in Mexico and just so they can say to each other, “We are already bankrupt, don’t ya’ get it?

I mean, what happen to the cellphones?

Here in my country, even the fish vendor, a tricycle driver, or the lowly farmer, have cellphones. Mind you, that’s not an exaggeration. In fact, up to now, we are still holding the record as the “texting capital of the world”. Why not? It’s at the top of the priority list of every Filipino, even a notch higher than the next meal. Cellphones bring us closer together even if we are separated by islands. Being closely knit families enable us to help one another. Yeah, that’s how these ordinary folks survive hard life.

So why aren’t these men with impressive neckties content themselves with teleconferencing, when it is more cost efficient than physically attending these illustrious summits? Or, use smartphones to send text messages to their counterparts, and say, “Hey Buddy, you’ve got an arrest warrant here.”

Can you imagine Bush Sr. texting Merkel, “Angel, I believe we’re fucked up now! Do we still have that vintage Nazi bunker?”

Happy days are over for these lunatics. At this point in time, most people on this planet are ready to revolt. Even without the WDS or the WH, revolution is undoubtedly inevitable. The OWS is just a taste of it.

The madness is just too much.

What these people deserve is not a Nazi bunker, but a Nazi Gas Chamber…

It’s not over ’til it’s over. This shit’s GTG.

You, too, can join the fight against the Dark Cabal and accelerate its demise just by boycotting Big Pharma. You can effectively do this by downloading “Towards Healthcare Emancipation“, a fully illustrated do-it-yourself instructional eBook that will help you in implementing all eClinik methods that would negate the use of expensive medicine, avoid radioactive diagnostics and treatments in completely defeating cancer, AIDS and all other parasitic diseases. These methods, when faithfully followed, work 100% all the time. Find out more about this here.

Massive Resignations Have Started 1.0 »»

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