Yesterday I got a letter from my bank (German bank) telling me they would reduce the amount I can send from 25000€ to 5000€. My gf who is at another bank got her limit reduced to 2000€ 2-3 weeks ago. They say one can manually increase it by calling them but this increase is only a temporary thing then.... idk what to think about it =/
This is going on for a few years already when it started with limiting cash transactions in several countries. Not surprised if banks are busy also lowering limits for accountholders in most of the developed world. This might have to do with new rules to increase their buffers but also to prepare for a SHTF scenario. Although in that case the 0's and 1's won't matter much anymore ...
