Banks Already Restricting Cash Withdrawals In USA?
Do we already have capital controls here in the USA and most don’t even know it? Well, there’s a simple way to test it…go to your bank and try and withdraw all your funds. See what happens. Report back! Trending: Kari Lake Says Liz Cheney Just Gave Her The...
My bank has been easing it in slowly since covid started, They put a $700 daily debit withdrawal limit, If i buy something over $1000 and try to make another big purchase it says I've exceeded my daily limit, and if I go to a teller to make a withdrawal over $5000 they want to know what the money is for, and if you don't give them a reason to put in the computer they can't give you your money. And last time I cashed a check they asked for the last four digits of my SSN. They're also wokd af.
sounds like you need to go to a local credit union.. beats me why you would maintain business relations with a bank such as yours.
Any cash transaction of $5000 or more requires a CRT. Currency transaction report. This has been the law for over 20 years. ATM withdrawals are pretty much left to the bank.
I take $580 out every day. Gotta stay under the $600 mark!