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Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!

 
Anonymous Coward
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United States
10/16/2013 12:08 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
In other words, the dollar is officially dead but we're the last ones to know about it
 Quoting: in5d


I think the dollar has a finite amount of time before it is replaced / retired / collapses (is intentionally collapsed).

I'm not a financial adviser or anything of that sort, however I'd say that the same focus and rules apply to all of us at this moment in world events:

Translate as much of your cash into months if not years of food, water, medical supplies, communications equipment and the means / location to protect all of these things (plus you, your family or group etc)...and with what's left, acquire whatever gold / silver you can.

You can't beat having food, water, options, independence and freedom (and, ideally, a degree of isolation or a rural location - from which to weather the storm out).

Sorry for rambling-on.

In direct response to being the last ones to know, I think the intent was not to tell, or warn you, at all.

You know how major events have a habit of just happening out of the blue. Not.
 Quoting: eissco


I don't have much money, and never have really. I don't "love" money like so many people in America do these days. I don't have much property and what I have is not worth much either. Its just stuff anyway. Storing up all the supplies in the world, or "prepping", cannot and will not "save" you, if you catch my drift. If you think that life on this earth is all there is to LIFE, you're very mistaken.
mr_brightside74

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10/16/2013 12:09 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
Most of my business is international and I do international wire transfers several times a month. I'm going to have to look into this tomorrow. We bank with BofA. I'll report back my findings.

At first glance I'd have to say this is a hoax. Too many businesses rely on international transfers daily.
Mr. Brightside
Anonymous Coward (OP)
User ID: 9884674
United Kingdom
10/16/2013 12:18 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
In other words, the dollar is officially dead but we're the last ones to know about it
 Quoting: in5d


I think the dollar has a finite amount of time before it is replaced / retired / collapses (is intentionally collapsed).

I'm not a financial adviser or anything of that sort, however I'd say that the same focus and rules apply to all of us at this moment in world events:

Translate as much of your cash into months if not years of food, water, medical supplies, communications equipment and the means / location to protect all of these things (plus you, your family or group etc)...and with what's left, acquire whatever gold / silver you can.

You can't beat having food, water, options, independence and freedom (and, ideally, a degree of isolation or a rural location - from which to weather the storm out).

Sorry for rambling-on.

In direct response to being the last ones to know, I think the intent was not to tell, or warn you, at all.

You know how major events have a habit of just happening out of the blue. Not.
 Quoting: eissco


I don't have much money, and never have really. I don't "love" money like so many people in America do these days. I don't have much property and what I have is not worth much either. Its just stuff anyway. Storing up all the supplies in the world, or "prepping", cannot and will not "save" you, if you catch my drift. If you think that life on this earth is all there is to LIFE, you're very mistaken.
 Quoting: Anonymous Coward 47078040


I wholly agree with you. It's not enough to prep, really, however being somewhere safe(r) with food and water seems preferable to not having them.

There's much more to getting through what's coming than simply storing.

People need people with skills and trust.

It may sound corny, but first on the list comes spiritual preparedness - whatever that may mean. As has been noted countless times, if you subject different people to the same hardship, the folks with good spirit / good spiritual preparedness are almost always the people which make it.

In short, I agree with all that you said.

:)
Anonymous Coward (OP)
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United Kingdom
10/16/2013 12:26 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
Most of my business is international and I do international wire transfers several times a month. I'm going to have to look into this tomorrow. We bank with BofA. I'll report back my findings.

At first glance I'd have to say this is a hoax. Too many businesses rely on international transfers daily.
 Quoting: mr_brightside74


It's not a hoax. Whether or not your particular bank has the same or a similar intent (and whatever date they may decide-on to apply their own rules, if any) is what may or may not be the difference.

Obviously I hope that people like yourself are not adversely affected and there's some sense to it all.

In the event of a financial crisis, some form of capital control (as per Greece) seems to be one of the normal methods that the people in power use.

Perhaps this move is somehow connected to a gov directive? I don't know.

The letters that are being sent out are real enough.

I hope good fortune is with you.
Anonymous Coward
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United States
10/16/2013 12:52 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
In other words, the dollar is officially dead but we're the last ones to know about it
 Quoting: in5d


I think the dollar has a finite amount of time before it is replaced / retired / collapses (is intentionally collapsed).

I'm not a financial adviser or anything of that sort, however I'd say that the same focus and rules apply to all of us at this moment in world events:

Translate as much of your cash into months if not years of food, water, medical supplies, communications equipment and the means / location to protect all of these things (plus you, your family or group etc)...and with what's left, acquire whatever gold / silver you can.

You can't beat having food, water, options, independence and freedom (and, ideally, a degree of isolation or a rural location - from which to weather the storm out).

Sorry for rambling-on.

In direct response to being the last ones to know, I think the intent was not to tell, or warn you, at all.

You know how major events have a habit of just happening out of the blue. Not.
 Quoting: eissco


perhaps this is the 'first event'....

been years and years comin.

hard to imagine that it may be this month....but..just in case...get your preps folks
Wanta10GA

User ID: 19657578
United States
10/16/2013 12:56 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
And don't forget Google moved 8 Billion offshore last week! Wonder what the real reason was instead of what the MSM said!
[link to www.cnbc.com]
Anonymous Coward
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Canada
10/16/2013 01:00 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
sounds more like a way to force "buy American" where they can
Anonymous Coward
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United States
10/16/2013 01:46 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
BS all BS
Anonymous Coward
User ID: 48237298
United States
10/16/2013 01:49 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
It also states business savings accounts may not send domestic wire transfers as well as international . That sounds unheard of in terms of regular business banking practices. This is incredibly serious if true and will change the paradigm of international commerce indefinitely. Scary.....
Bucephelus

User ID: 47696941
United States
10/16/2013 01:51 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
.

In other words, the dollar is officially dead but
we're the last ones to know about it

.
 Quoting: in5d
.


yep, the elites will still have the ability to cash out THEIR chips,
and the rest of us will be left holding the check ...


So, there's only one thing left to do ...

coke whore

.
Bucephelus
Anonymous Coward
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United States
10/16/2013 01:51 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
This is pretty standard for a currency crisis, ICaland and Argentina, Greece etc have or have had currency controls in place.


I'm actually surprised that they are going to not rais the ceiling on the 17th I thought this was all show and OBama would save the day and it would be the big show in a couple of months with someone else to blame.


This will be like Hitlers Reichestag, Obama will blame the Tea party, republican and congress, he will increase his use of executive orders and do what he want with FEMA / DHS as the world starts to burn, It's going to be an interesting show.
 Quoting: Anonymous Coward 48403635


This has been their plan from the beginning, read about the war between the north and the south in the book of Revelation and Daniel 7-8
Anonymous Coward
User ID: 47871934
Mexico
10/16/2013 01:52 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
Your cash activity limit for these amounts will be **K USD per statement cycle, per account.

Cash activity is the combined total of cash deposits made at branches, night drops and ATMs and cash withdrawals made at any branches including purchases of money orders and ATMS.


I like that proviso. Sounds like a bank all right...
Anonymous Coward
User ID: 48435441
Moldova
10/16/2013 02:01 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So no wires from a SAVINGS account. Big deal.. not.

What business wires money from a savings account. I see nothing about all this that would affect businesses. They may be thieving bastards but they are not stupid thieving bastards. Stopping normal international wires would be a sure way to bring a total collapse.

Anyway anyone who wants to take large sums of money out of the states is not going to wire it anyway unless they are stupid.

Just buy gold coins in dollar denominated amounts. When you leave if anyone asks you have the face value of the coins in your possession. Does not matter the actual value, its face value is what you have to declare. I know a guy who left the country with $250K in his pocket, and did it multiple times with no problem.
PokerStar

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United States
10/16/2013 02:02 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
Good luck with that, plenty of U.S. businesses do legitimate International business. What are they going to do, shut down any transfers with a SWIFT code?

You shut down International banking, you shut down free trade. That will be the "stick a fork in it moment". I really hope this is not true.
Anonymous Coward
User ID: 47871934
Mexico
10/16/2013 02:03 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
It also states business savings accounts may not send domestic wire transfers as well as international . That sounds unheard of in terms of regular business banking practices. This is incredibly serious if true and will change the paradigm of international commerce indefinitely. Scary.....
 Quoting: Anonymous Coward 48237298


Uh, at least for those inside the beast. But I do wonder about real international transfers,,,, ie from one currency to the next usually converts to US dollars as a medium between the two. Will this be affected?
Dr. AculaModerator
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United States
10/16/2013 02:03 AM

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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So no wires from a SAVINGS account. Big deal.. not.

What business wires money from a savings account. I see nothing about all this that would affect businesses. They may be thieving bastards but they are not stupid thieving bastards. Stopping normal international wires would be a sure way to bring a total collapse.

Anyway anyone who wants to take large sums of money out of the states is not going to wire it anyway unless they are stupid.

Just buy gold coins in dollar denominated amounts. When you leave if anyone asks you have the face value of the coins in your possession. Does not matter the actual value, its face value is what you have to declare. I know a guy who left the country with $250K in his pocket, and did it multiple times with no problem.
 Quoting: Anonymous Coward 48435441


You dont know anything about business do u?
_______________________

drbat
Hypertiger

User ID: 42750318
Canada
10/16/2013 02:14 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
[link to hypertiger.blogspot.ca]

hidden in that mess of a blog...is what is hidden in all the messes...What you are searching for but do not want to find.

[link to grandfather-economic-report.com]
Anonymous Coward
User ID: 48315716
United States
10/16/2013 02:20 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
[link to www.consumerfinance.gov]

I don't see it listed, only the August 2012 mentioning the remittance rules.
Ostria1

User ID: 48397745
Greece
10/16/2013 02:21 AM

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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So, how this hasnt hit the news yet?
I search twitter and i can find nothing
Ostria
WeAreSlaves

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Canada
10/16/2013 02:21 AM

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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
ohno

doomalert5
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Japan
10/16/2013 02:23 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
We are about to enter a world of pain.

A...WORLD...of...pain.
Anonymous Coward
User ID: 47871934
Mexico
10/16/2013 02:25 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
It also states business savings accounts may not send domestic wire transfers as well as international . That sounds unheard of in terms of regular business banking practices. This is incredibly serious if true and will change the paradigm of international commerce indefinitely. Scary.....
 Quoting: Anonymous Coward 48237298


Uh, at least for those inside the beast. But I do wonder about real international transfers,,,, ie from one currency to the next usually converts to US dollars as a medium between the two. Will this be affected?
 Quoting: Anonymous Coward 47871934


Did anyone understand this? Oh well, I hope not...
Anonymous Coward
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United States
10/16/2013 02:25 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
Most of my business is international and I do international wire transfers several times a month. I'm going to have to look into this tomorrow. We bank with BofA. I'll report back my findings.

At first glance I'd have to say this is a hoax. Too many businesses rely on international transfers daily.
 Quoting: mr_brightside74


I read that it's legit BUT it only means that Chase bank requires you to upgrade your account to a $100/month biz acct in order to send international wires. There's no way they won't allow businesses to send international wires. If that happened, they'd lose many clients.
Jer 3:33

User ID: 33955976
United States
10/16/2013 02:26 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So no wires from a SAVINGS account. Big deal.. not.

What business wires money from a savings account. I see nothing about all this that would affect businesses. They may be thieving bastards but they are not stupid thieving bastards. Stopping normal international wires would be a sure way to bring a total collapse.

Anyway anyone who wants to take large sums of money out of the states is not going to wire it anyway unless they are stupid.

Just buy gold coins in dollar denominated amounts. When you leave if anyone asks you have the face value of the coins in your possession. Does not matter the actual value, its face value is what you have to declare. I know a guy who left the country with $250K in his pocket, and did it multiple times with no problem.
 Quoting: Anonymous Coward 48435441


You can not take 250K in cash through an airport, bills have tracking devices on them and airports have equipment that actually counts your cash as you go through gate. I know because I used to work as an LEO HIA. Anything over 10K you are getting stop.
Jeremiah 33:3 Call unto me, and I will answer thee, and show thee great and mighty things, which thou knowest not.

The Bible could say more than it does BUT
The Bible doesn't say more than it says.
The Bible says what it means and means what it says.

[link to www.jesus-is-savior.com]
Anonymous Coward
10/16/2013 02:27 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So, how this hasnt hit the news yet?
I search twitter and i can find nothing
 Quoting: Ostria1




They're gonna try to hold off talking about this one for as long as they can...

And when they do, they'll use some confusing wording so most people don't even understand... until push comes to shove and the implications of this are undeniable and start having a broader affect.
Anonymous Coward
User ID: 47871934
Mexico
10/16/2013 02:27 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So no wires from a SAVINGS account. Big deal.. not.

What business wires money from a savings account. I see nothing about all this that would affect businesses. They may be thieving bastards but they are not stupid thieving bastards. Stopping normal international wires would be a sure way to bring a total collapse.

Anyway anyone who wants to take large sums of money out of the states is not going to wire it anyway unless they are stupid.

Just buy gold coins in dollar denominated amounts. When you leave if anyone asks you have the face value of the coins in your possession. Does not matter the actual value, its face value is what you have to declare. I know a guy who left the country with $250K in his pocket, and did it multiple times with no problem.
 Quoting: Anonymous Coward 48435441


You can not take 250K in cash through an airport, bills have tracking devices on them and airports have equipment that actually counts your cash as you go through gate. I know because I used to work as an LEO HIA. Anything over 10K you are getting stop.
 Quoting: Jer 3:33


Oh wow! great way to do drug biz,,,, not much else...
Hypertiger

User ID: 42750318
Canada
10/16/2013 02:32 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
it will be a collapse back...2005...was where the resources ran out.

it took until 2008...for the visible effects to finally manifest with the controlled demo of Lehman brothers.

Dick Fuld...The CEO of Lehman was on the board of directors of the federal reserve bank of new York just before the bankruptcy.

The Federal reserve bank of New York is the central bank of the USA that all the rest of the banks in the Federal reserve system are branches of.

the ultimate insider...

[link to www.newyorkfed.org]

hes supposedly mystified as to what happened...

Lehman was loaded up with all the sins...and sunk...and everyone was told that was the cause...of the following effects.

All his buddies sold the USA into the ground...

[link to www.youtube.com]

Last Edited by Hypertiger on 10/16/2013 02:36 AM
Devoted Follower
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United States
10/16/2013 02:34 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
bump to monitor...
Buck Zander

User ID: 47130945
Canada
10/16/2013 02:35 AM
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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
I reported a few months ago that daily/weekly cash withdrawal limits were being slashed here; a few weeks ago another Canadian GLP'er posted same. Looks like clawback round two just started. Weekly (poss. daily too) cash withdrawal limits being slashed again. Spent a couple of hours sorting stuff out with bank yesterday, didn't want to post anything yet. Now I see this, makes perfect sense. I keep saying... Canada, you're in for one hell of an awakening.

Last Edited by Buck Zander on 10/16/2013 02:35 AM
There must be a law that people can't lie.
Ostria1

User ID: 48397745
Greece
10/16/2013 02:37 AM

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Re: Attention US Business Banking Customers - No International Wire Transfers After November 17th. Cash Withdrawal Restrictions Starting!
So, how this hasnt hit the news yet?
I search twitter and i can find nothing
 Quoting: Ostria1




They're gonna try to hold off talking about this one for as long as they can...

And when they do, they'll use some confusing wording so most people don't even understand... until push comes to shove and the implications of this are undeniable and start having a broader affect.
 Quoting: Mister Obvious


could be.. we will find out soon i m afraid
Ostria





GLP