Want to take out a large sum of cash from HSBC...nope.

reply to post by Biigs



They can't upgrade accounts without informing you 28 days in advance. You either missed or ignored the communication, sorry to say.

Halifax tried to "upgrade" my account to one where a monthly fee was payable 2 years ago. Their communication was quite obviously designed to look like a normal bank statement, but I always check bank communications carefully. I just phoned them up, told them I didn't want upgrading. Had to listen to some blether about how for £15 a month, I'd get this that and the other. I still politely declined. When asked why, the answer is simple, "I'm bankrupt, and any extra chages have to be approved by the court." "Oh. We'll just leave your account as it is then. Thanks for calling."

Job done and done.

I just sent $140.00 to my daughter. I pulled the money out of my bank and went to Chase Bank and was told this would be the last time I could put cash into my daughters account. From now on it will have to be a credit card transfer or use my check to transfer the funds.
If they want to follow money, look at the millions that go to Mexico every day through 'money grams' and Western Union. No taxes paid on it...yet they want to look at my $140.00. Very poor, just tells the state of the current administration. Watch the US citizen and let the illegal's run rampant!!!

reply to post by BMorris


They sent me a letter saying that my account activity had now allowed me to have my account upgraded, it was simply a letter i got in the post.

I did not ask for it, i did not investigate i did nothing.

Anyone who banks with or trusts for that matter HSBC deserves what they get. HSBC is probably the most corrupt and evil banking institution ever. That silly nonsense with the drug laundering they were caught with recently is just the tip of the iceberg. The company has been nose deep in drug money since they were founded and by that I mean they were founded with drug money. HSBC is responsible for the opium trade that crippled China for YEARS. Heck, that just says that the laundering scandal was just business as usual for those scumbags and only the leak went against the norm.

zombiebbq
I work for a small, U.S. bank and there are many rules and regulations the banks follow that may not be obvious to the average customer. For example, at my bank we ask a customer who wants over $5,000 to call ahead.

Not sure what the laws are in other countries, obviously, I'm merely speaking for U.S. banking regulations, which involve a fair amount of spying on customers activities every day.

It's become the same in the UK. You can't just walk down into your bank and ask for more than £500 without booking in advance. That was done in order to discourage bank raiders. Just like the USA, ATM machines give you a daily limit. They also have chip-and-pin, so a swipe card isn't enough. Though with internet banking you can arrange your own inter-bank transfers directly online.

There are also online foreign currency exchange services, which allow you to do international currency transfers. When I was working in the USA, I banked with BofA. After returning home, they were as much use a chocolate kettle, "I'm sorry sir, but if you want to transfer money abroad, you'll have to go in person to your local branch where you opened the account. Our international offices are for business customers only". After registering some details with the online for(eign)-ex(change) service, I was able to pull that money out right there and then.

This is definitely a sign. The writing has been on the wall. Of course the government is going to tell you everything is fine and send in the "Cash Police". The economy is teetering on the edge. Any run on the banks will surely make the system plummet, but the hush hush secret is that everything is already plummeting they are just slowing the process down that nobody takes notice that the boat is sinking. This is like the Titanic going down and everyone is laughing and playing music.

When the system does crash your paper money is worth nothing it has no value other than the paper it is printed on. All those numbers on the bank screen go bye bye. In all seriousness, when this shtf does happen you better have a contingency plan. Gold/silver to barter, a bug out bag, a gun holstered at your side and enough fuel to get out of dodge with your family. I am not saying that to just say it. We've all seen the light of this runaway train heading our way for many years.

You know how much buying power the US dollar had back in 1990? It was 13 cents! Here we are in 2014 and everyone thinks everything is just fine. Now we got more draconian laws, spying, police state. The dollar is probably a negative 13 cents. Many will laugh at that. It's true when you think about how much harder you are working to make ends meet. Things you have to sacrifice to make the money you do today versus what it was years before. Inflation, you can barely can afford to drive your vehicle. Get your money out of bank.

rikgrimsby
ive been with the hsbc for 20 plus years and since they was the midland. i get my wages paid and got my credits cards etc with them... think am just going to pay what i owe and take the rest of the cash out and keep it in my safe at home. who the hell do they think they are asking what you want your money for ???

The reason they give (wait for it...) is that you might be some daft senior citizen sending it to a Nigerian Prince, or some internet scam, and they want to 'protect you'.

But, you have to give them credit. Since you're dumb enough to keep your money in banks that are undeniably massively involved with every drug cartel in the world, and who buy and sell the politicians we tend to think should be looking out for our own interests, they think you're dumb enough to fall for a Nigerian Prince scam.

Speaking of which, aren't they hilarious? And so polite... I really like reading them for some reason. In a weird sorta way, they warm my heart. And so creative, too.

Its just like the BTC restrictions

What I cannot understand for the life of me is why we give the banks so much power. Do wish people would wake up and stop rolling over and allowing the banks, and everyone else to walk all over them.