JP Morgan Restricts ATM Cash Withdrawals

[wehateporn]

Last month All News Pipeline warned that major banks were preparing to tighten the screws on American account holders starting April 1st.

It appears that the lock-down of cash has begun.

Citing criminal activity as a factor, JP Morgan is limiting cash withdrawals at ATM machines.

Continued The Lock Down Has Begun: JP Morgan Restricts ATM Cash Withdrawals » Alex Jones' Infowars: There's a war on for your mind!

[pornmasta]

there is a long time ago that it's limited here

[Vendot]

The Panama Papers, I guarantee you, will be cited as another reason to take forward the "War on Cash" and (eventually) tagging.

It's now illegal to own a Dog in the UK which hasnt been micro-chipped - soon enough they'll be chipping humans.

[Grapesoda]

Originally Posted by Vendot

The Panama Papers, I guarantee you, will be cited as another reason to take forward the "War on Cash" and (eventually) tagging.

It's now illegal to own a Dog in the UK which hasnt been micro-chipped - soon enough they'll be chipping humans.

liberalism in action!

[pornmasta]

it's funny that the meaning of liberalism is totally the opposite in france

[cybermike]

Atms always have a limit

[Colmike9]

My ATM has a 400 limit for withdraws, same limit for my friend who's pretty rich. But if I go inside, I can get as much as I want..

[PR_Glen]

has there ever not been limits on atm withdrawals?

[Google Expert]

Originally Posted by Colmike7

My ATM has a 400 limit for withdraws, same limit for my friend who's pretty rich. But if I go inside, I can get as much as I want..

I remember the time when I could withdraw 20k through ATM off an Epassporte card.

[Colmike9]

Originally Posted by Muad'Dib

I remember the time when I could withdraw 20k through ATM off an Epassporte card.

And if there wasn't enough cash in the ATM, Mr. Mallick would deliver the remainder.

[atom]

Originally Posted by Colmike7

My ATM has a 400 limit for withdraws, same limit for my friend who's pretty rich. But if I go inside, I can get as much as I want..

All it takes is a phone call to get these raised. My main bank account raised this to $2500 per day.

[JFK]

Originally Posted by Muad'Dib

I remember the time when I could withdraw 20k through ATM off an Epassporte card.

Yes, but not all at once, maybe 20 transactions of 1k ?

[JFK]

FUCK ... WOW !!!

"After the massive bailouts required to save the system following the crash of 2008 banks and regulators worked together to ensure that all deposit accounts in the United States are no longer the property of depositors, but rather, the banks themselves."

Bend over

[ITraffic]

The bank has capped daily ATM withdrawals at $1,000 for non-customers.

every bank and atm has limits. why do you blindly post this bullshit all day?

[crockett]

So why not keep all your money in a jar under your grandma's front porch?

[Penny24Seven]

I've always had a 400 dollar a day limit on one card I collect deposits on so today I just go to walmart and use that card to put money on 3 other cards, A buy some gum 4 times and get 100 cash back each time LOL, than hit the ATM with each card for 400 and when all is said and done I have 2K in my pocket. Yeah it is a pain in the ass and I probably piss away 20 bucks in fees but what can you do. The limit doesn't mean anything really. Well unless I wanted 10K, it would take me a lot longer

and oh yeah I will go buy come cans of coke before I forget

[2MuchMark]

Check the source:

Just more lying and fear mongering from InfoWars.

[DBS.US]

J.P. Morgan Chase?s change last month affects roughly 18,000 automated teller machines nationwide and followed an interim step earlier this year limiting non customer cash removals at $1,000 per transaction

[shiraz9944]

BofA let's you set your limit, you can make it 2k if you want per day and your card spending limit too, it's in the account settings for each seperate account. Yeah you would have to do multiple withdrawals but that has nothing to do with THE account, it's an ATM rule, so I go get 500 then 500more if I want.

[Wizzo]

They aren't talking about the limit on your card, they are talking about the limit on their machines. Many banks have had this for years. If your not a Chase account holder you can only take out $1000 from their ATMs in a single transaction no matter what limit you have from your bank on your card.

[ITraffic]

what happens when conspiracy theory becomes conspiracy practice:

https://www.washingtonpost.com/news/...-detroit-home/

[shiraz9944]

Originally Posted by Wizzo

They aren't talking about the limit on your card, they are talking about the limit on their machines. Many banks have had this for years. If your not a Chase account holder you can only take out $1000 from their ATMs in a single transaction no matter what limit you have from your bank on your card.

so then just perform another withdrawal? what is the issue and if it's that hard, then xfer 1k over to another card you have right there and withdrawal that 1k. ATM's aren't made to completely replace the bank, you need to still go in if you want large sums of money, it only makes sense. What if these card machines they put on were to allow you to withdraw everything, obviously nobody wants that, so they limit what damage can be done. Don't see anything wrong with that.

[Relic]

What they really want to ban is the last vestiges of freedom.

[BlueDude]

That limit is still more than enough for most people to withdraw.





.

[Colmike9]

Good reasons for smaller limits:
1) Lose less money when getting robbed at the ATM
2) Lose less money on late night bad decisions when the bank is closed
3) Lose less money when drunk
4) People will give up on trying to get a hooker or going to a strip club if they're at the limit or close to it, causing them to go home and jerk off, resulting in one of us getting a sale..

Bad reasons:
1)...No clue

[shiraz9944]

Come on guys, most banks have like 300 or 400 per atm withdrawal, if you need more than that you need to go inside, that's what it's there for. Sure if you're trying to be shady and dn't want the tellers to know you're taking tons out then yeah the system works. I've had SAR's filed on me (Suspicious Activity Reports) for simply wiring money to exoclick or trafficjunky. Once you explain how your biz works, they don't care. They care about money laundering ever since that big HSBC screwup.

[Colmike9]

Originally Posted by shiraz9944

Come on guys, most banks have like 300 or 400 per atm withdrawal, if you need more than that you need to go inside, that's what it's there for. Sure if you're trying to be shady and dn't want the tellers to know you're taking tons out then yeah the system works. I've had SAR's filed on me (Suspicious Activity Reports) for simply wiring money to exoclick or trafficjunky. Once you explain how your biz works, they don't care. They care about money laundering ever since that big HSBC screwup.

Back in the Thumblogger days, I used to walk in the bank with my cargo pockets full of cash, they just pulled out the counting machine and never asked questions or anything close to a SAR..

[shiraz9944]

I take out 5k to 15k at a time and never had a SAR filed...........the only one was a dude who was rude as hell and I gave him a smartass remark and called him an asshole......my bad that was probably why LOL. But I was also wiring to a foreign bank that's why.

[shake]

Originally Posted by PR_Glen

has there ever not been limits on atm withdrawals?

Often you set your own limit - it's for your protection.

[Vendot]

Originally Posted by JFK

"After the massive bailouts required to save the system following the crash of 2008 banks and regulators worked together to ensure that all deposit accounts in the United States are no longer the property of depositors, but rather, the banks themselves."

Guess you missed this one. Its old news..... most depositors are now unsecured creditors to a bank (particularly in Europe). It means if the bank fails, they can take your money just like they did in Cyprus. Its happened and is happening all over the world:

How Bank Depositors Have Become Unsecured Creditors

[Due]

Originally Posted by JFK

Yes, but not all at once, maybe 20 transactions of 1k ?

Some ATMS say the amount has to be dividable by 20..... I stopped using ATMs after that...They must be fucking retarded if they think I'm going to share my withdrawals with 20 people Beware of that scam

[charlie g]

am I the only one that suspects harry potter and hagrid were having a homosexual relationship?