Author

Topic: [2014-01-25] HSBC Bank Refuses to Let Customers Withdraw Large Sums (Read 1040 times)

full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
When are people going to learn to vote with their dollars?  If that was my bank I would speak to the manager and close my account immediately on the spot.

If they blocked that, I would open another account at a different bank and transfer £2000 a day until the account was empty.

If we take away our money we take away their power.

Plenty of shit banks in the Uk and this is one of the shityist

Haha, pretty much, closely followed by Barclays.
the only problem with Barclays is that they sell for a more than a 10 years account holder a shit insurance called "lifestyle Service Group Ltd."

and their account will match defcon judgment day ...
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
When are people going to learn to vote with their dollars?  If that was my bank I would speak to the manager and close my account immediately on the spot.

If they blocked that, I would open another account at a different bank and transfer £2000 a day until the account was empty.

If we take away our money we take away their power.

Plenty of shit banks in the Uk and this is one of the shityist

Haha, pretty much, closely followed by Barclays.
the only problem with Barclays is that they sell for a more than a 10 years account holder a shit insurance called "lifestyle Service Group Ltd."
global moderator
Activity: 3794
Merit: 2615
Join the world-leading crypto sportsbook NOW!
When are people going to learn to vote with their dollars?  If that was my bank I would speak to the manager and close my account immediately on the spot.

If they blocked that, I would open another account at a different bank and transfer £2000 a day until the account was empty.

If we take away our money we take away their power.

Plenty of shit banks in the Uk and this is one of the shityist

Haha, pretty much, closely followed by Barclays.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
Plenty of shit banks in the Uk and this is one of the shityist

very true
hero member
Activity: 722
Merit: 500
Plenty of shit banks in the Uk and this is one of the shityist
sr. member
Activity: 378
Merit: 255
When are people going to learn to vote with their dollars?  If that was my bank I would speak to the manager and close my account immediately on the spot.

If they blocked that, I would open another account at a different bank and transfer £2000 a day until the account was empty.
legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
http://www.huffingtonpost.co.uk/2014/01/25/hsbc-moneybox_n_4664439.html

Not directly a bitcoin news story, but so sooooo connected.  This is what we are dealing with when we are talking about big banks.

Good news for btc.

Peace



The comments on the story at huffpo are many and varied, but at least one mentions BTC (Sun, 01/26/2014 - 18:09 | 4369342 Spanky) so maybe that technicality makes it eligible here? Fascinating find in any case.

Consensus seems to be that it's a blip rather than The Beginning of the End, but who knows?
hero member
Activity: 742
Merit: 500
Since this is a bit of an offtopic news I will take the liberty of re-using it to post this also related piece:

http://www.bloomberg.com/news/2014-01-27/top-trades-in-disarray-amidst-emerging-market-rout-currencies.html

BTC/USD/EUR looks very stable compared with a ton of other currencies these last few days.

legendary
Activity: 1232
Merit: 1195
http://www.huffingtonpost.co.uk/2014/01/25/hsbc-moneybox_n_4664439.html

Not directly a bitcoin news story, but so sooooo connected.  This is what we are dealing with when we are talking about big banks.

Good news for btc.

Peace



This isn't Bitcoin related really. Another thread discussing it here: https://bitcointalksearch.org/topic/hsbc-imposes-restrictions-on-large-cash-withdrawals-431572
donator
Activity: 1218
Merit: 1015
It's funny... the only reason few people use certificates of deposits anymore is because demand deposit accounts quietly morphed into certificates of deposits without anyone noticing.
hero member
Activity: 697
Merit: 501
http://www.huffingtonpost.co.uk/2014/01/25/hsbc-moneybox_n_4664439.html

Not directly a bitcoin news story, but so sooooo connected.  This is what we are dealing with when we are talking about big banks.

Good news for btc.

Peace

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