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Australian banks removing ATMs as banks force customers to go digital

 
Gordy7789
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03/02/2022 02:46 PM
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Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
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03/02/2022 02:48 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Thread from 2015
Thread: Bankers want negative interest rates AND a cashless society

Yep - it's starting.
Anonymous Coward
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03/02/2022 02:49 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
That's a lot to do about nothing. Just more fearmongering.
Anonymous Coward
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03/02/2022 02:49 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
The governments are all waging every type of war on their citizens.

There is no place today where the biggest threat to the people are the current ones in charge.
Anonymous Coward
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New Zealand
03/02/2022 02:49 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
same here and lots of branches shutting down, the noose tightens



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Anonymous Coward
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03/02/2022 02:51 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
While they continue to charge you a bank fee every time you use debit but take away the bank machines to get cash instead and avoid the bank fees. The banks should drop their stupid money grubbing bank fees if they want to go completely digital. I resent paying a fee to use my own damn money.
Anonymous Coward
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03/02/2022 02:52 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Just like with covid, I don't think that the evil ones will accomplish this goal.

There are too many people who are fully aware of this plan.
You can see the awareness in the comment section.

Folks are even starting to protest WEF.
Gordy7789  (OP)

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03/02/2022 02:55 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
That's a lot to do about nothing. Just more fearmongering.
 Quoting: Anonymous Coward 79649054


Removal of ATMs isnt nothing.

A lot of people rely on ATMs. Especially senior citizens who arent comfortable or knowledgeable with online banking or digital payments.


Removal of ATMs also signals a tightening against cash. If they want to limit cash in the publics hand the first thing they will do is limit access and availability of ATMs.
Anonymous Coward
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03/02/2022 02:56 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
 Quoting: Gordy7789


what's to stop you from withdrawing from the bank tellers wicket?
Anonymous Coward
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03/02/2022 02:57 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Controls, controls and more controls.
Gordy7789  (OP)

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03/02/2022 03:02 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
 Quoting: Gordy7789


what's to stop you from withdrawing from the bank tellers wicket?

 Quoting: Anonymous Coward 3739128


Apparently bank branches are also closing down.

So it means you have to travel further and out of your way to get cash.
MountainTux NLI

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03/02/2022 03:03 PM

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Re: Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
 Quoting: Gordy7789


what's to stop you from withdrawing from the bank tellers wicket?
 Quoting: Anonymous Coward 3739128


The bank teller?

Next it will be NO bank tellers, just computerized kiosks to perform transactions, so that you can't even use no computer as an excuse.

Banks should never have been allowed to limit withdrawals to begin with. If a bank doesn't have enough liquidity to cover all deposits, that should be illegal and the bank should be charged with fraud. We've allowed this idea that the bank owns our money unless it's in our hand to go WAY too far. When we were getting some form of ROI for having them house our cash, that was one thing. Now the greed has gotten to the point that they want to charge US for allowing them to invest our money in markets and make a profit, but tell US that oh, no, we need PERMISSION to take out ofer X amount? AND wait on the bank's convenience to do so?

Yeah, it's gone too far. Time for regulations to start protecting the people, not the government or the corporations. If I can't get away with something, no bank or other corporate entity should be able to.

penguin
ad ignorantiam - The assumption of a conclusion or fact based primarily on lack of evidence to the contrary. Usually best described by, “absence of evidence is not evidence of absence.”
Anonymous Coward
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03/02/2022 03:05 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Pay attention get yours now before they start the 2-5 percent negative interest rates with you locked in.
Anonymous Coward
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03/02/2022 03:05 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Pay attention get yours now before they start the 2-5 percent negative interest rates with you locked in.
Anonymous Coward
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03/02/2022 03:07 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
 Quoting: Gordy7789


what's to stop you from withdrawing from the bank tellers wicket?
 Quoting: Anonymous Coward 3739128


Once the rates go negative on saving accounts they will limit cash to 50 dollars a day.
Anonymous Coward
User ID: 25908218
Canada
03/02/2022 03:07 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
 Quoting: Gordy7789


what's to stop you from withdrawing from the bank tellers wicket?

 Quoting: Anonymous Coward 3739128


Apparently bank branches are also closing down.

So it means you have to travel further and out of your way to get cash.
 Quoting: Gordy7789


And it costs money to travel further to withdraw money more so then the fee to use the generic ATM nearby. That's what annoys me. I have to travel half way across town to use my own banks ATM otherwise it's the local generic ATM and my bank charges something like $2 for using a machine that isn't theirs.
Rauni

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03/02/2022 03:09 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
The END of ATMs in Australia? Thousands of cash machines are removed across the country as banks go digital ...

[link to www.dailymail.co.uk (secure)]



A pre-emptive move to squash bank runs?

A jump into CBDC's and new digital currencies?

1dunno1
 Quoting: Gordy7789


And as we see playing out on the global stage in Canada and Russia, if you aren’t compliant they will steal your money and lock you out.

Digital currencies are nothing more than a power grab by some of the most sinister forces the world has ever seen.
Anonymous Coward
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03/02/2022 03:11 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
That's a lot to do about nothing. Just more fearmongering.
 Quoting: Anonymous Coward 79649054


Removal of ATMs isnt nothing.

A lot of people rely on ATMs. Especially senior citizens who arent comfortable or knowledgeable with online banking or digital payments.


Removal of ATMs also signals a tightening against cash. If they want to limit cash in the publics hand the first thing they will do is limit access and availability of ATMs.
 Quoting: Gordy7789


In case you missed Covid they have been rimdim and venting as many as they can get their hands on. Trust me not having bills paid is the least of their worries.

Simply they cost too much. Like gates has said multiple times 80 percent of live time medical expenditures come in the last 10 years and we must manage that better!

FYI they want mandatory expiration dates.
Anonymous Coward
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03/02/2022 03:25 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
That's a lot to do about nothing. Just more fearmongering.
 Quoting: Anonymous Coward 79649054


Ya, like the pandemic right? Digital ID? Biometric passports? Facial recognition? Mandatory vaccines in the workplace? How many more examples could I give? People always say it's nothing but fear mongering and then we wake up and it's reality. Forty years now I've listened to people say nothing will happen and guess what? They were wrong every single time. Nothing will happen right now, immediately, that would be a better line because at least it acknowledges the truth that our governments and big businesses are fucking us all over.
Anonymous Coward
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United States
03/02/2022 03:26 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Part of the NWO agenda. Total control.
Anonymous Coward
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Netherlands
03/02/2022 04:06 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
This is why crypto is important, specially privacy coins. Everything will go digital anyway.

True rebels will use gold
Anonymous Coward (OP)
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Canada
03/02/2022 09:54 PM
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Re: Australian banks removing ATMs as banks force customers to go digital
Part of the NWO agenda. Total control.
 Quoting: Anonymous Coward 80598640


Yes absolutely.





GLP