Topic: Banks not responsive to their customers (Read 258 times)
In some countries, such acts by some banks are very annoying. I hope that it will be resolved in favor of people.
I thing this is not good for business. Responsibility needed.
Such a bank will not last long. They depend on their customers and this behavior and publicity will be very bad for them.
I read an article in which the concerned person says that the ICICI bank in India just held his 1,00,000 dollars if I'm not wrong for almost 21 days without releasing the funds.They have just delayed by asking him to provide proof of his link with the sender and other blah blah blah formalities.The user blames that the bank deliberately did used his funds for other purposes and had delayed in releasing him.He has said that he would dedicate himself for promoting bitcoin.
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
This is a very common situation you can feel in the banks where the banks deliberately delays the transactions of the user and uses his funds in other investment and earns their own profit and I think this is most commonly seen in India and there crypto currencies takes the upper hand where you need not to depend on your bank for transacting your funds, there are thousands of exchanges where you can transfers your cryptos with an ease and without any delay and on time. He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
In relations with banks, it is much easier to prove one's rightness than in the world of crypto-currency. In this case, if the bank has delayed the execution of the transfer of money for 21 days, this person has the right to sue the bank and will certainly win the case and will receive compensation for lost profit and moral damage, since everything related to his bank is easily documented. If you run into problems on a crypto exchange, which is located in another country, it is unlikely that you will have a chance to prove your case even after applying to the court.
I read an article in which the concerned person says that the ICICI bank in India just held his 1,00,000 dollars if I'm not wrong for almost 21 days without releasing the funds.They have just delayed by asking him to provide proof of his link with the sender and other blah blah blah formalities.The user blames that the bank deliberately did used his funds for other purposes and had delayed in releasing him.He has said that he would dedicate himself for promoting bitcoin.
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
Indeed, banks are sometimes very tedious and can take a long time to consider the documents confirming your right to own certain assets, all this takes a lot of time. He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
I have had this experience with my banks too, in last 8 years I have noticed that bank has tested my patience level and increased it over the period of time by dealing even the basic things and services. Further, there where some transactions where money is debited from my bank account but not received by the person even though that person has the account with the same bank in the same branch. I have right to contact almost every level employee but no one took my complaint seriously and I was not able to file the complaint in other bodies of the government dealing in such issues because I was running out of time in my job and business and there was no scope to take time for making complaint (they want us to visit physically along with proofs).
I read an article in which the concerned person says that the ICICI bank in India just held his 1,00,000 dollars if I'm not wrong for almost 21 days without releasing the funds.They have just delayed by asking him to provide proof of his link with the sender and other blah blah blah formalities.The user blames that the bank deliberately did used his funds for other purposes and had delayed in releasing him.He has said that he would dedicate himself for promoting bitcoin.
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
Banks will really use people's money for profit. That's what they always do. That is why they encourage people with money to do time deposits with them and as a consolation you'll get interests. That is why Nakamoto invented bitcoin for us to be able to stay away from centralized system that is very vulnerable to sabotage and fraud when it comes to peoples' money.
if we want to be free and that we do not control the money the banks in the future will disappear but how we will deal with them only using the small amounts that are needed at the moment and the rest saving in bitcoin or in the crypto of your preference in a safe way clear and not leaving it in the banks a lot of time using fast transferences will always ask us where I get the money from and I know that there are bad people who are approbecha from the block chain system to do their misdeeds in the money in bills too but there is good people who only invest in it and work with the crypto for good things moving the global economy offer and demand loes chase us as criminals and do not know that one also works bveces almost all day to obtain some profits so that afterwards they they want to remove it, it is not fair it is our work and it is effort and dedication and study time
i really hate the operations of banks, especially when they would want to keep your money for no solid reason. Whether authenticity or whatever they call it, i don't thinks its worth it since they delay our monies.
From my perspective i think banks are always wants to serve their customer but it also true some banks are only focus on their profit.they don't bother about customers want and demand.
This is a very shocking news. I don’t know why the bankers behave with their customers like this. The customers don’t get their own money bank in time and this creates a lot of problem for them. This is the reason I always support bitcoin instead of keeping money in bank. So, that I could get my money whenever I want.
I read an article in which the concerned person says that the ICICI bank in India just held his 1,00,000 dollars if I'm not wrong for almost 21 days without releasing the funds.They have just delayed by asking him to provide proof of his link with the sender and other blah blah blah formalities.The user blames that the bank deliberately did used his funds for other purposes and had delayed in releasing him.He has said that he would dedicate himself for promoting bitcoin.
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
The bank should not do that. They will distrust they clients and left by them.
If most banks like that, peoples will not trust banks anymore. They will using cryptocurrency for better financial system.
Let's be fair towards the Banks for one moment. They do not want to follow all these KYC/AML regulations, because it is a burden on their admin and extra expenses to them. They are forced to follow these regulations or the governments will close their doors. Fortunately for us, Bitcoin is a decentralized network with no centralized authority that can be forced to do anything.
This is why governments is targeting exchanges and wallet providers and merchants for this now, because they are also centralized.
This is why governments is targeting exchanges and wallet providers and merchants for this now, because they are also centralized.
Following regulations is one the reasons why bitcoin investments now isn't freely to enjoy for everyone, and basically it affects a lot of people who holds their funds using cryptocurrency.
Government regulations is not a fair thing for me with regards the freedom of depositors because the situations got worst in a long run, and I think the people were more hesitant to follow their useless paths. The authority has no power over decentralized currency, and the only strategy they had was with those trading sites that's why we can hear countries banning bitcoin due to those reasons.
I read an article in which the concerned person says that the ICICI bank in India just held his 1,00,000 dollars if I'm not wrong for almost 21 days without releasing the funds.They have just delayed by asking him to provide proof of his link with the sender and other blah blah blah formalities.The user blames that the bank deliberately did used his funds for other purposes and had delayed in releasing him.He has said that he would dedicate himself for promoting bitcoin.
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
He says that "I really wished I could throw a punch on the banker's face".I feel that almost all the bankers deserve this punch.
Here is the link below.
"https://www.reddit.com/r/Bitcoin/comments/8ilzmu/this_is_why_bitcoin_should_be_the_only_global/
That's the ultimate problem with having a third party holding your funds. You are essentially handing over control to whatever you deposit with them, even though it technically still belongs to you, they can do anything with it if they even suspect any little thing without any proof. And you'll never be given a fair chance.
Bitcoin is completely different to that, it takes away the trust needed for a third party to hold your funds. Your bitcoin address is hence pretty much a perfectly trustless bank in itself.
Traditional banking systems are filled with stories like this, and you never see the inconveniences in BTC. As more people start to lean about this, adoption for Bitcoin will surely rise over the long run.
Actually banks and financial institutions are centralized systems. They are controlled by different rules and regulations of the authorized institutions. So they need to follow formalities as per the regulations. This is commo0n in case of flat currency. Even if you want to draw you salary from the bank in that case you have follow different rules and procedures also. So it is not a big deal but the main thing is that you are getting the money which proves that bitcoin is not illegal. Hope that such problems will be solved very soon.
This is devastating! If the banks continuously do this kind of things, then will soon be closed. I think banks are considering crypto currency as their threat. As, the transactions are getting lessen with it. However, they should co-operate with the customers so that the customers don't get retained.
i would love to punch on the banker's face. this people are low life creatures. these people dose not even have proper knowledge about cryptos. can't tolerate it
This could also be a problem with regulators within India, as I know in the United States something like this wouldn't be tolerated at all and the banks would be forced (by regulators) to give the people their money back (unless their was some sort of criminal investigation with the funds themsevles) Plus, it would probably go viral on social media and the bank would look bad if the person REALLY needed the money.
Some banks are able to get away with this, one piece is that they have such a stronghold on the country that they don't have to care and two because their regulators (or lack thereof) are doing nothing.
Some banks are able to get away with this, one piece is that they have such a stronghold on the country that they don't have to care and two because their regulators (or lack thereof) are doing nothing.
Just for this kind of issues people are getting interested to crypto industry. They will have not to wait and kill their valuable time for that kind of traditional hassles anymore.
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