Turk - Swiss Bank Client Battles Over 2 Months For His Silver

[andymillette]

Things are getting pretty interesting with silver

http://kingworldnews.com/kingworldn...ent_Battles_Over_2_Months_For_His_Silver.html

Andy

 

[specsaregood]

unsubstantiated rumor....let's see some documentation showing the bank refusing to let him get his goods.

 

[Pericles]

unsubstantiated rumor....let's see some documentation showing the bank refusing to let him get his goods.

This - my banking agreement with my bank in Switzerland clearly states that withdrawls of over 100K CHF in a 30 day period may be delayed at the discretion of the bank unless 30 days advance notice is given.

 

[Jeez]

This - my banking agreement with my bank in Switzerland clearly states that withdrawls of over 100K CHF in a 30 day period may be delayed at the discretion of the bank unless 30 days advance notice is given.

Isn't this for security reasons? to prevent someone from impersonating you and cleaning your account.

 

[Dr.3D]

The Swiss bank is insisting that he take cash, but he is demanding his silver which is supposed to be sitting in the bank’s vault be delivered to him.

It doesn't appear to be about the amount of money, but rather the silver. I would have to guess there really wasn't any silver being held for the bank to ship to him.

 

[Pericles]

Isn't this for security reasons? to prevent someone from impersonating you and cleaning your account.

The account has a card w/chip tied to it, so the card has to be put in the ATM or terminal at a teller location. The reason is merely bank branch liquidity.