Relevant:
- First HSBC Halts Large Withdrawals, Now Lloyds ATMs Stop Working
- Bank-Run Fears Continue; HSBC Restricts Large Cash Withdrawals
- Egyptians Banks Open, Customers Line Up 100 Deep for Cash; Short-Term Interest Rates Expected to Hit 12.5%; Egypt About to Become Net Oil Importer
- ATMs Crash Across The Country After “Bank Holiday†Warning
- Northern Rock Customers Crowd Branches, Withdraw Cash
2013-10-05 — zerohedge.com
One senior executive said his bank was delivering 20-30 per cent more cash than usual in case panicked customers tried to withdraw funds en masse. Banks are also holding daily emergency meetings to discuss other steps, including possible free overdrafts for customers reliant on social security payments from the government."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.