HSBC Restricts Large Cash Withdrawals

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DAlbert

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Following research last week suggesting that HSBC has a major capital shortfall, the fact that several farmer's co-ops were unable to pay back depositors in China, and, of course, the liquidity crisis in China itself, news from The BBC that HSBC is imposing restrictions on large cash withdrawals raising a number of red flags. The BBC reports that some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it. HSBC admitted it has not informed customers of the change in policy, which was implemented in November for their own good: "We ask our customers about the purpose of large cash withdrawals when they are unusual... the reason being we have an obligation to protect our customers, and to minimise the opportunity for financial crime." As one customer responded: "you shouldn't have to explain to your bank why you want that money. It's not theirs, it's yours."
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http://www.zerohedge.com/news/2014-...ontinue-hsbc-restricts-large-cash-withdrawals

shyt getting real out here bruhs

drink.gif
 
88m3

88m3

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backinmyday said:
I'm assuming you complained about the source

I gave you a 'legitimate' source or rather the original source

there is nothing else to be said
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expect not to get called on posting bullshyt, brehs
 
the cac mamba

the cac mamba

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:scusthov:

also :russ: at them havin the balls to label withdrawin a couple thousand of your money "financial crime". nah motherfukkers weve seen financial crime firsthand and it aint that

edit: unless they meant like fraudluent withdrawals. i thought this was some morality shyt or somethin like "what would u need all that cash for"
 
Kritic

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the cac mamba said:
:scusthov:

also :russ: at them havin the balls to label withdrawin a couple thousand of your money "financial crime". nah motherfukkers weve seen financial crime firsthand and it aint that

edit: unless they meant like fraudluent withdrawals. i thought this was some morality shyt or somethin like "what would u need all that cash for"
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hsbc members are gonna have to use their guns and not atms to get their money.
hsbc teller: there comes cac mamba again with the a.k. :scusthov:
 
Domingo Halliburton

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Spidey Man said:
Isn't this the same bank that was investigated for laundering drug money for Mexican cartels and they have the never to pull this.
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yes. you want to move your money overseas or not? :skip:

if Americans knew HSBC stood for Honk Kong and Shanghai Bank Corporation they wouldn't have a footprint here.

Now everyone is finding out what stricter regulations on banks look like when they can't get loans.
 
Kritic

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Domingo Halliburton said:
yes. you want to move your money overseas or not? :skip:

if Americans knew HSBC stood for Honk Kong and Shanghai Bank Corporation they wouldn't have a footprint here.

Now everyone is finding out what stricter regulations on banks look like when they can't get loans.
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devil banks have restrictions too. atm withdrawal limits etc...
 
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