Thursday, October 17, 2013

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
Read more: http://voiceofrussia.com/news/2013_10_17/JP-Morgan-Chase-to-limit-cash-withdrawals-bank-officials-say-0524/
d will prohibit all outgoing international bank wires.


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[1] JP Morgan Chase to limit cash withdrawals, prohibit all outgoing international bank wires, bank officials say
[2] REPORT: CHASE BANK LIMITING CASH WITHDRAWALS
Also 'banning customers from international wire transfers'