January 27, 2014
Bank blocking some customers from making large withdrawals without ‘evidence’ of spending need
Prove it: Bank blocking some customers from making large withdrawals without ‘evidence’ of spending need
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 .