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Topic: [2016-08-21]The Bank of Ireland Will Penalize Large Cash Deposits (Read 311 times)

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The Bank of Ireland Will Penalize Large Cash Deposits

Holding cash is becoming a less favourable option for many customers around the world. Charging fees on cash deposits is becoming the new norm in Germany, and more of them will follow in the coming months. So far, two more banks have taken this route, including the Bank of Ireland and Ulster Bank It looks like the negative interest rates will be passed on to customers who make cash deposits. It was only a matter of time until the negative interest rates would be passed on to the customers...
 
http://www.newsbtc.com/2016/08/19/ukgc-declares-bitcoin-as-cash-equivalent/

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