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Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!

 
2012Portal
2012Portal - The Mayan Calendar

User ID: 15022013
Netherlands
01/05/2013 01:37 PM

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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
Hmmm... seems like a "Cash grab" to me.

For What??

Cash is king, debit is for the birds:

[link to www.youtube.com (secure)]

 Quoting: 2012Portal


U know the Vatican has some money saved, Nobody knows the number hf
 Quoting: <<TIMEWATCHER>>


They sure do. They sure better.

This is not the first time, in very recent time, that they have had their bank accounts messed with:



Vatican Embarrassed by Account Closure
Lack of transparency causes JP Morgan Chase to close account

By Marlene Y. Satter, AdvisorOne

March 20, 2012


The Vatican suffered a blow to its efforts to have its bank included in the European "white list" of states that comply with international standards against tax fraud and money laundering on Monday when JPMorgan Chase shut the account of the Vatican bank at an Italian branch.

Full: [link to www.advisorone.com]
 Quoting: 2012Portal


And this from 2010 ---


October 7, 2010
2:55 pm
Vatican bank goes to court over frozen funds

[link to www.ft.com]

Last Edited by 2012Portal on 01/05/2013 01:38 PM
Mayan Calendar and 2012-
From the love of power to the power of Love -
[link to 2012portal.myfeedportal.com]
Anonymous Coward
User ID: 31561143
Brazil
01/05/2013 01:37 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
Vatican = money laundering


money laundering = Vatican



There is no Vatican without money laundering....
 Quoting: Anonymous Coward 31561143





If you have any doubt about that, read this article on Wikipedia: [link to en.wikipedia.org]



See?
 Quoting: Anonymous Coward 31561143




Specially the part about Banco Ambrosiano...
Anonymous Coward
User ID: 31562625
Brazil
01/05/2013 02:54 PM
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5a
musicadi

User ID: 31566372
Hungary
01/05/2013 03:03 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
good! at least a few morons have learned that you can't trust a credit card :)
God has no enemies! God is LOVE! Love is the most powerful weapon in the world. All who try to play God are wasting their time and will get kicked in the ass over and over again until they learn their lesson! PS. I'M HUNGARIAN!
Sir France's Beercan

User ID: 31555872
Austria
01/05/2013 03:07 PM

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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
Hmmm so now they're paying cash for the little 12 year old fuck buddies

Thread: Why is the age of consent in Vatican 12 ?

Last Edited by Sir France's Beercan on 01/05/2013 03:10 PM
*Darkzen*

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United States
01/05/2013 03:41 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
Card payments blocked, cash only in Vatican City

Italy’s central bank has blocked all bank card payments in the Vatican because of a failure to comply with EU safeguards against money laundering, forcing people to pay for services in cash until further notice, Italian media said on Thursday.

It’s “cash only” now for tourists at the Vatican wanting to pay for museum tickets, souvenirs and other services after Italy’s central bank decided to block electronic payments, including credit cards, at the tiny city-state.

Deutsche Bank Italia, which for some 15 years had provided the Vatican with electronic payment services, said Thursday that the Bank of Italy had pulled its authorization after Dec. 31.

The Corriere della Sera newspaper reported that the Italian central bank took the action because the Holy See has not yet fully complied with European Union safeguards against money laundering. That means Italian banks are not authorized to operate within the Vatican, which is in the process of improving its mechanisms to combat laundering.

The Vatican says it is scrambling to solve the problem for thousands of visitors who flock to its very popular Vatican Museums, which include highlights like the Sistine Chapel. The Holy See had no immediate comment on the Bank of Italy’s reported reasons.

Tourists in the long lines Thursday that snaked around Vatican City walls were not happy about the inconvenience.

“It’s certainly a disadvantage,” said Giuseppe Amoruso, an Italian. “Credit cards provide a useful service, which needs to be accessible to everybody, everywhere.”

“A lot of tourists don’t have cash on them, so they have to get euros and don’t know where to get them,” said Fluger William Hunter, an American tourist.

The central bank said a routine inspection found that Deutsche Bank Italia hadn’t sought authorization when it first started providing services at the Vatican. When it finally did, the Bank of Italy turned it down because the Vatican’s banking norms, including measures to combat money laundering, didn’t meet Italy’s more stringent criteria of recent years, a central bank official said, speaking on condition of anonymity because there was no official statement on the case.

LINK: [link to www.france24.com]
 Quoting: <<TIMEWATCHER>>


BS

Holy See only pretending to being punished...

Don't be fooled.
<<TIMEWATCHER>> (OP)

User ID: 25511458
United States
01/05/2013 04:11 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
bump
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Saddletramp
We Don't Rent Pigs...

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01/05/2013 04:18 PM

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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
Look blue, it's a clue...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

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Anonymous Coward
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Spain
01/05/2013 04:29 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
The Vatican appears to be protecting themselves from a collapsing euro (or perhaps US dollar) by limiting their exposure.

The Vatican bankrolls the globe. To suggest that their central bank is restricting their electronic transactions for fear of money laundering is laughable.
 Quoting: Anonymous Coward 31538327
Anonymous Coward
User ID: 9247375
United States
01/05/2013 05:10 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
So much for the Vatican controlling the world.
G3
G3

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02/11/2013 01:04 PM

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BUMP
Anonymous Coward
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02/11/2013 01:28 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
Look blue, it's a clue...
 Quoting: Saddletramp


It has a paw print on it!!!!
Anonymous Coward
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02/11/2013 01:30 PM
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Re: Vatican Account Frozen - Tourists Must Pay In Cash - NO ELECTRONIC PAYMENTS!
A credit freeze, a dead dove, a possible sex scandal? and a resigning pope. Hmmmmm. My best guess, He is going to the bunker and taking his birds and his gold with him.

Seriously though, WTF is going on?

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