HSBC will be blocking large withdrawls for England Customers

GreenBean · #23 01-26-2014

Quote:

Originally Posted by oompaloompa

yes but the next thing is they assume you are just 'sayin' it is for a car and want proof.
errr this is MY money - go to hell and dont come back....

Now you are being silly.

Feed your bank enough money to have them mind their own business.

Branch level HSBC staff are now dealing with this. The outcry will slowly die down.

Big Brother is still going to be around regardless of what you want.

oompaloompa · #24 01-26-2014

branch level? why are they any better.

well we will see...if it is just questions, fine...l tell them it is for a personal 'down there' operation and that will shut them up.....

I suppose you can take out under £3000 and repeat a few days later...unless there is a monthly limit on the way....

GreenBean · #25 01-26-2014

Quote:

Originally Posted by oompaloompa

branch level? why are they any better.

well we will see...if it is just questions, fine...l tell them it is for a personal 'down there' operation and that will shut them up.....

I suppose you can take out under £3000 and repeat a few days later...unless there is a monthly limit on the way....

They are deferring to Branch Level to deal with the idiocy of the policy.
Did you read the article

HSBC accounts are flexible at the moment for withdrawals.

oompaloompa · #26 01-26-2014

yes I read the article, but from experience, discretion of a teller is not always in your favour, I am not interested in someones 'perception' of me or of the situation. Unless cash transactions are banned by law for everything, then they have no right to ask questions IMO. I do not mind showing ID that it is me, that would make sense but what the money is for - no way.

GreenBean · #27 01-26-2014

Quote:

Originally Posted by oompaloompa

yes I read the article, but from experience, discretion of a teller is not always in your favour, I am not interested in someones 'perception' of me or of the situation. Unless cash transactions are banned by law for everything, then they have no right to ask questions IMO. I do not mind showing ID that it is me, that would make sense but what the money is for - no way.

Sighs.

Banks already have written into their rules what they can do.

Unless you can live without a bank, you have to play their games.

This is not unlike paypal. When you signed up to joined paypal you agreed to T&S that you may not have even read.

Should your bank want ID but you do not want to supply it or account for monies, you find another bank

oompaloompa · #28 01-26-2014

agreed on that part, but always good to fight the little bits of freedom they keep taking away from us....

MM78 · #29 01-26-2014

No worries everyone, I file a lawsuit and after I win, I will charge my 85% fee and the rest is for everyone to split...what you guys think?

BigCJ · #30 01-26-2014

I guess its time to invest in a king sized mattress, a Siberian Tiger and a shotgun..

I read this article last night and nearly busted a gasket.

Now I see why virtual currency is sky rocketing in popularity...

I might look into bitcoin a bit more now....As long as I do not lose 6.2 million stored on my hard drive

JamesNorth101 · #31 01-26-2014

Quote:

Originally Posted by cjmixers

As long as I do not lose 6.2 million stored on my hard drive

You can always spend a few weeks searching the local waste dump in hopes of finding it again

MM78 · #32 01-26-2014

Quote:

Originally Posted by cjmixers

I guess its time to invest in a king sized mattress, a Siberian Tiger and a shotgun..

I read this article last night and nearly busted a gasket.

Now I see why virtual currency is sky rocketing in popularity...

I might look into bitcoin a bit more now....As long as I do not lose 6.2 million stored on my hard drive

This is all I got:

MM78 · #33 01-26-2014

Quote:

Originally Posted by JamesNorth101

You can always spent a few weeks searching the local waste dump in hopes of finding it again

From Treasure To Trash: Man Tosses Out Bitcoin Wallet On Hard Drive Worth $9 Million.

From Treasure To Trash: Man Tosses Out Bitcoin Wallet On Hard Drive Worth $9 Million - Forbes

BigCJ · #34 01-26-2014

WHOA! it was 9 Mill!??!?

They had it at 6 mill o_o

For that kind of cas....virtual money Id give the dump an IOU and scrounge through it myself!

biglouis999 · #35 01-27-2014

It is still common in the antiques world for many transactions to be done in cash.

That cash can be used to buy groceries in the supermarket, wine, put gas in the car, or for a night out. In other words to pay for consumables for which one has enjoyed the benefit but quickly disappear and are not traceable.

This is money that neither the bank or the tax man need know about.