What should be noted is that the BANK DID NOT HAVE ENOUGH MONEY ON HAND TO CLOSE OUT HER ACCOUNT. The bank manager stated that he would have to order up the amount of money in her account and then have it shipped to this branch office. That should tell you volumes. If you need a large amount of cash, you will not be able to get it from your bank on the spur of the moment. In essense, you do not own your money because the bank cannot give it to you when you need it. Correct me if I'm wrong, but isn't there a law stating that each branch must have 10% of the total amount of deposits on hand in cash?
What should be noted is that the BANK DID NOT HAVE ENOUGH MONEY ON HAND TO CLOSE OUT HER ACCOUNT. The bank manager stated that he would have to order up the amount of money in her account and then have it shipped to this branch office. That should tell you volumes. If you need a large amount of cash, you will not be able to get it from your bank on the spur of the moment. In essense, you do not own your money because the bank cannot give it to you when you need it. Correct me if I'm wrong, but isn't there a law stating that each branch must have 10% of the total amount of deposits on hand in cash?
Seriously if I was her I would’ve told him to go ahead & order it and I’ll be back to collect it.
100% - I'm surprised she didn't!