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...
17 October 2013, 13:14
JP Morgan Chase to limit cash withdrawals, prohibit all outgoing international bank wires, bank officials say
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.
Read more: http://voiceofrussia.
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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'