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Mar 27, 2020
2:27
:27
pm
mkg
Playmaker
And, then what happens if he actually wants the cash? he has to come back to
your bank to cash it? Go to another bank who won't cash that large of a check either? Seems a little circular.
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mkg
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mkg
Joined
Aug 21, 2003
Last login
May 5, 2024
Total posts
2,233 (3 FO)
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Messages
Author
Time
I wanted to start a new thread so this message doesn't get buried. Let me be very clear: banks are not low on cash.
Pimpin4Paradise
Intervention Needed
3/27/20 12:47pm
RE: I wanted to start a new thread so this message doesn't get buried. Let me be very clear: banks are not low on cash.
Sea Chicken
3/27/20 12:49pm
"It's me. God. You know I'm good for it..."
Indy Coug
3/27/20 12:54pm
If it comes to worst case and banks are no longer viable and there actually isn'
Broda
3/27/20 12:52pm
Not if you exchange it for gold.
snowbird
3/27/20 12:55pm
Never in the history of this country has a penny of insured money been lost
RexIdaCoug
3/27/20 12:52pm
It also needs to be said that there are regulations in place in terms of how much cash banks need to have on hand
Indy Coug
3/27/20 12:53pm
OK you convinced me, time to go back to the gold standard. AUDIT THE FED
JollyGreenGiant
3/27/20 12:55pm
I stopped at the bank the other day and grabbed a bunch of cash, made me feel...
Eddie
3/27/20 12:56pm
Sounds exactly what a bank would say when they are low on cash.
TCuz
3/27/20 12:59pm
Do you expect me to believe these talking points from big banking? It's my money
IceCreamButt
3/27/20 1:14pm
I know that's right! Got my banker on line 1!!!
BYU1982
3/27/20 1:19pm
What if I refused to sign the documentation? Would you refuse to let me cash out?
Ragnar Danneskjold
3/27/20 1:28pm
We could refuse to let you walk away with that much cash, sure. A demand deposit account doesn't mean we have to
Pimpin4Paradise
3/27/20 1:33pm
And, then what happens if he actually wants the cash? he has to come back to
mkg
3/27/20 2:27pm
Exactly. That's why there's a process in place if you want that much cash.
Pimpin4Paradise
3/27/20 2:41pm
But it’s his cash. Why shouldn’t he have the right to it?
mkg
3/27/20 5:23pm
He's guaranteed access to his funds, not cash. Cashier's check, wire, ACH
RexIdaCoug
3/27/20 5:25pm
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