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IPFS News Link • Economy - International

Bank blocking some customers from making large withdrawals without ‘evidence’ of spending need

• Yahoo! News blog

If you bank at HSBC in England, don’t plan on making any large cash withdrawals. At least not without a good explanation. Or, maybe even a permission slip.

That’s because a previously unannounced change in banking policy is blocking some customers from making large withdrawals without “evidence” explaining why they need the money from their accounts ....

 

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