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HSBC Imposes Restrictions On Large UK Cash Withdrawals

Sunday, January 26, 2014 - 2:15 PMHSBC - Details
"Some HSBC customers have been prevented from withdrawing large amounts of cash because they could not provide evidence of why they wanted it.  HSBC admitted it has not informed customers of the change in policy, which was implemented in November."

BBC News - HSBC imposes restrictions on large cash withdrawals
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1. Tuesday, January 28, 2014 - 7:43 AM
Bank Run Buzz in U.K. Causes Stir In U.S.

"...the fact that such talk is now out in the open may give bank customers pause, leading them to at least start thinking about worst-case scenarios that might lead to big withdrawals. If enough bank customers start thinking those thoughts, that’s where the seeds of a bank run are sown."

Bank Run Buzz in U.K. Causes Stir In U.S. | Save | Get the best rates on mortgage, home equity loans, CD, money markets and checking accounts | BankingMyWay
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