Had to share tis financial news with you

[NorthernRaider]

Remember the recent thread where we discussed setting aside funds for emergencies and how prudent it is.

Well lets say you put funds away in HSBC so its safe in your local bank. Then for example you get the chance to buy a load of kit or supplies, or a BOL or Vehicle at a greatly discounted figure. Or perhaps you read of a major economic crisis starting to unfold and you decide you want your cash close to hand and not in a bank.

Well hundreds of HSBC customers are being told they cannot withdraw even modest amounts of their own money without providing proof of what it is being spent on.

http://www.dailymail.co.uk/news/article-...n-for.html

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As it is already banks tell the cops, tax man and government if you make withdrawls over £10K but not they are deciding they can decide on how YOU spend YOUR money right the way down to you wanting a few hundred quid from your savings.

If your with the HSBC group you need to change to a more customer friendly bank.