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CITIBANK MAY REFUSE WITHDRAWALS...

http://www.businessinsider.com

Starting April 1, 2010: CITIGROUP May refuse withdrawal requests.

Their Client Manual PDF Sections: Withdrawal Refusals & Withdrawal Notice.

https://online.citibank.com/JRS/popups/ao/Client_Manual_20091228.pdf

It States:

[We reserve the right to require seven (7) days advance notice
before permitting a withdrawal from ALL checking, savings and
money market accounts.]

Read »
TruthNeverChanges's picture
Created by TruthNeverChanges 4 years 8 weeks ago – Made popular 4 years 8 weeks ago
Category:   Tags:

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Bill Andreas 3 years 43 weeks 6 days 16 hours ago

seven (7) days advance notice before permitting a withdrawal from ALL checking, savings andtinggi badan

How can they refuse to allow

justin.will 3 years 42 weeks 1 day 11 hours ago

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Article:

TruthNeverChanges 4 years 8 weeks 2 days 20 hours ago

The image of banks locking their doors to keep customers from making withdrawals during a bank run is what immediately came to mind when we heard that Citigroup was telling customers it has the right to prevent any withdrawals from checking accounts for seven days. "Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this change," Citigroup said on statements received by customers all over the country. What's going on? It seems that this is something of an error. The seven day notice policy only applies to customers in Texas, Ira Stoll reports at The Future of Capitalism. It was accidentally included on customer statements nationwide.

Thanks for the post. Keep the

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Thanks heaps to the

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