Does anyone have any experience or insight with this?
One person I know has a client that had to pay them 20k and couldn’t get their money from their banks for weeks.
Another person was replacing his boat that broke down and couldn’t get his money out of the bank.
In my experience, if you have the money in your account you can get a cashier check same day
No problem putting down 20% of mortgage last month. But Wells Fargo just eliminated HELOC and this may be a harbinger of systemic banking risk.
They do “need” and banking collapse to complete the “great reset”.
You still need to fill out forms for the 20% mortgage and the bank will help with that.
Anything over 10k cash being moved and the Feds have to be notified.
Wired directly to the Title company so it wasn’t an untraceable withdrawal, but no doubt the bank complied with surveillance.
Banks still have to fill out a form for electronic wires and they make a copy to send to feds if it is over 10k.
Just standard procedure.