Citicorp refusing gun transactions

Story Here

According to this story, Citicorp is refusing to process any weapons transactions. If you want to excercise your right to bear arms ... don't do it through Citicorp.

I haven't found any other news sources on this ... yet. If ya'll see anything - post it here.

There is a call to everyone to cancel their Citicorp accounts.
If I had them .. I would.

If this is true, then I think Citicorp may be bucking the US Constitution.

This one got started on the 8th:

www.abovetopsecret.com...

Hmm...where did I put that Chase-Manhattan application again?

Personal opinion - Citi is making a huge mistake, and will get a serious backlash from it. Given the current state of most banking institutions (thanks to certain disreputable *cough*sub-prime mortgage*cough* practices), it's not going to sit well with the board of directors. Hopefully, somebody will talk some sense into the right suit-weasels before they lose too many customers.

Distasteful as I find their decision, though, they aren't in any danger of bucking the U.S. Constitution. Citi Group isn't the U.S. government, nor are they a state government. As a private business, they can set whatever policies they choose.

They have clarified their position, the original letter issued by their employee Miss Dumbass was factually incorrect.

Citicorp is refusing to process any firearms related transactions that are not "face to face", anything that is flagged as CHNP (card holder not present) and is for a firearm, will be refused.

But is you walk into Bob & Chucks gun store and order three AR15s, the transaction will be processed without issue.


PS - Can't help but wonder if some of the Glock Talk membership has sneaked in here, if you have - hi guys.

[edit on 10-1-2008 by Retseh]

Please correct me if I'm wrong: But my understanding is that it's illegal to purchase a gun over state lines and that's why they have this policy - they have no way of knwing where the gun goes and they don't want to do anything illegal.

reply to post by forestlady


That is true if neither party is licensed with an FFL.

This discussion has been going on here:

www.abovetopsecret.com...