Read full article dailycaller.com 2014/01/29/
International bank HSBC has been restricting its customers from withdrawing large sums of cash if they can’t provide a good enough reason for why they need it.
The policy was brought in to effect in November 2013 , but customers were not notified of it. The rule was uncovered after the BBC’s “Money Box” program began investigating complaints by customers that they were being refused access to their accounts unless they could demonstrate a need for their money.
Read more: The Daily Caller
Please visit the 'SPREAD THE WORD' section on our website. Everyone need to know, banking can be different and better.
Alex Templeton speaking at ECOBATE - UK - 2013
Councils should "bring local banks into being" so they can become "powerful partners" and promote economic, social and environmental benefits to their communities.Published on Mar 21, 2013 Speaking at the 2nd European Conference on Banking and the Economy (ECOBATE) in Winchester, Alex Templeton, Director of the Farm Energy Project, explains how a disfunctional financial system has made it harder to lend to small businesses which in turn impacts communities.