"Oh, well in that case I need to withdraw all of my cash and close my account."
"But why?"
"Because 'fuck you', that's why."
"Oh, well in that case I need to withdraw all of my cash and close my account."
"But why?"
"Because 'fuck you', that's why."
Next step in the CBDC implementation... Deny your cash withdrawals. You will use OUR card and like it!
The money was never yours.
"protect you against fraud and scams"
At least they have employees with good sense of humor
There are plenty of scams that involve convincing someone to make an uncharacteristically large withdraw or transfer at a bank.
If a confused looking person shows up to the bank, wanting to withdraw several thousand dollars, there's a good chance they're being scammed, and convinced to mail the cash. Having a policy of asking questions in situations like this can save people from losing huge sums of money.
If you try to buy thousands of dollars of gift cards you'll be questioned similarly.
Unless they are maliciously questioning all cash withdrawals, this is a fine policy. They specify over £2000, which is pretty standard.
What you say is true, but I must note that despite such measures here and there tend to happen the "unemployed retired resident was scammed into transferring some $100 000 to scammers"
Makes me wonder just how is that possible if there are such drastic measures
When I was working retail, I stopped a few gift card scams, and that was 10+ years ago when phone and internet scams weren't as frequent as they are now. I'm not surprised about banks doing this after a few of their customers got taken for a ride and demanded that the bank do something about it.
I should not be suspected of crimes because someone somewhere got scammed. There should be a contract I can sign where I state that I will not hold the bank liable for mistakenly giving my money to a scammer, then they should leave me the hell alone and let me take out my own money as I please.
The baby sitting BS needs to stop. Monero is here to put an end to this crap and allow adults to conduct business.
I feel like even trying to deposit money my bank (local credit union) has become even more invasive. I had a few insurance checks I needed to bring in that they would ask probing questions about, one almost denied me being able to deposit it. I thought that’s what the whole dumb 5-day hold was about, I don’t need some random teller getting in my business. Just take the check, verify it’s getting paid on your end, and don’t question me like I have to justify why I’m getting a check in the first place.
I’ve banked with them for 20 years now and I’ve never seen this kind of behavior before, so I don’t know if it’s always been like that and I just never saw that side or if the banking industry itself is getting more strict with things.
What country is this where banks are allowed to deny you your own money?
UK probably the sign lists British pounds
communist s-hole-topia
When they ask me why I withdraw money, I always answer: 'To buy Monero'. Even if I'm actually withdrawing it for something else.
I'm getting blackmailed, but due to privacy laws I can't disclose the identity of the entity
I am very glad the "law" makers are so concerned about privacy.
Human rights does not allow you to disclose the identity publicly. It doesn't stop you from disclosing it to the authorities.
I am my own authority
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