Listen to what the bank teller said about cashing my bonus check
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- čas přidán 18. 12. 2023
- Stopped into the bank to cash my Christmas bonus check and was not prepared to hear what the bank teller said to me. We are entering into a time where cash is slowly being eliminated. Everyone be prepared! It doesn't hurt to keep cash on hand inside your home safes.
- Zábava
Removal of cash is all about control, fight back people use cash .
if they stop printing it... & go digital.... paper money will quickly age & physically deteriorate quickly in circulation. & If the government make it illegal for business to accept cash... how many items do you think you will be able to purchase.... the slaves are easy to enslave when you have that kind of power
You are exactly right, it’s all a matter of control
Tell it to Gen. Z
Especially the week before Christmas banks should be loaded up on cash in anticipation of the holiday....
Truth
I deposited an insurance check for roof hail damage, it of course had the carriers name all over it. I was actually asked "what are you going to do with this money?" I told the smokin hot teller I was thinking of taking her on a ten day cruise but I better fix my roof instead.
Nice
Wow, a regular casanova 😂😂😂
lol!
And then she sued you, claiming you'd somehow 'sexually harassed' her and now she has your money. (Alternative ending. I couldn't resist.)
I was once told:
"a woman can ruin your life"
I'm kind of worried. I think cash needs to be enshrined in law as CBDCs could be used to limit freedom. All you have to do is look at what Trudeau tried to do to those Truckers to see the kind of dangers it presents.
Oh I remember.
I agree with what you said but that's the point. They want to control us to say the least.
Trudeau is the poster child and a most willing participant of the WEF...along with many cabinet members. And its definitely another ploy to get people away from using cash and going 100% digital. If all money is digital, those in power will limit what you can buy if not outright disallow it, no matter how much digital currency you have in your account.
Say goodbye to real liberal freedom and to something worse than what historic monarchies even did. A world soviet state is coming.
Precisely! While there is a process to freeze assets, what they did was illegal. They knew it. The bank knew it. They did it anyway. Nothing prevents them from doing it again for any reason. The law applies to you and I. It does not apply to the ruling class, governments and banks.
Could be??
The fact that they don't have security guards in banks anymore tells you they don't have much money in those banks.
$50k max per bank branch. Most of that’s in the ATM. I have sources in low places.
No, they don't keep guards because banks don't try to stop robbing anymore because it's not worth it. Innocent people end up dead more often than not.
I am 69 years old and never seen a guard in a bank except when I was in Nicaragua.
@@standingbear998 Oh I remember. I am 69 as well. In the Boston Suburbs about 1968-ish. Not in every bank but the big ones.
I went shopping with the wife and when we finished checking out, I handed the cashier cash and they wouldn’t take it. They said it had to be credit or debit card so I told her have fun putting all this stuff back and I walked out. I knew going in. They would only take debit cards so I did all that deliberately knowing they wouldn’t take my cash.
Says right on the cash that it's legal tender for all debts. They are legally required to accept it.
@@fu4616 it’s legal, tender but no private business is legally obligated to accept it. It’s their business it’s their choice. Try going to the government courts and paying off a fine with loose change. It’s legal tender, but they will not not take it.
That's terrible they wouldn't take it
@fu4616 no they're not. If you don't use their preferred payment method, they'll refuse service.
If you did this deliberately, knowing they wouldn't accept cash, what do you mean that you "went shopping?" Did you actually shop and get things you wanted or since it was planned did you just put a bunch of random items into the cart so they'd have to put it back?
And yet , for some reason , criminals are having no problems transacting with cash , and laundering it through " businesses " . We are completely surrounded by criminals , and the biggest ones are in authority running the show and making and breaking the rules . The love of money is the root of all evil .
Big Facts
I love money. You had a great paragraph until your last sentence 😂😂
You're talking about our politicians aye lol
All "kinds" of evil
Amen! 🙌🏻 Breaking the law is more profitable in the long-term, than being slapped with small minute fines in the short-term. One must realize how criminal minds think. The criminals truly believe that they’re above having to follow the law.
Getting rid of cash has been the choice of the people by opting to auto pay everything . Use it or loose it people . Cash is as close to financial freedom as you can get. I don’t recommend giving it up .
Cash is nowhere near freedom. The value of the cash under your bed is stolen through inflation taxation to bomb the desert.
you got that right - the younger generations have no idea what they're doing to themselves and the rest of us....they love electronic payments with their phones especially.
@@freeman7296 this all started with people using credit cards and debit cards for everything . The younger generations didn’t really see their parents using cash so probably not something they thought much about.
You are right friend. The tears will come when the whole scam is done and dusted......options and choice gone. That is the "price" that APATHY will demand.
Facts
We must force the use of cash as much as possible
Amen! 🙌🏻 Until they take it away, like they did gold and silver.
I experienced a very similar issue about 5 years ago. I wanted to pull out about $5k in cash from my account. I was essentially “educated” by the bank to make a request ahead of time so they can be sure to have the cash on hand. I was shocked that a bank that does many millions of dollars in business every year had so little cash on hand.
Even back in 2014 I tried to get 10,000 in cash out for a purchase out of state for machinery. That company would not take check or credit card Machinery purchases had to be in cash. And I could not get it from my big bank. Got the company to accept a cashier's check. Money has always been hard to get, but and is getting harder to get.
Last year I went to my Credit union in the drive thru and withdrew 5k ...no questions ? Just had to show my ID
As soon as you make a deposit into a financial institution, those federal reserve notes, become theirs and they leverage your money to make money for themselves…anywhere from 400% to 1,300% is the percentage the banks make off our money. Bankers are not our friends. They’re our enemies. They’re also the one’s pushing CBDC (central bank digital currency) which will take away our financial privacy (every transaction will be tracked) and it’ll take away our freedoms. Example: if they want our kids to experiment on them, if we do not comply, they could completely cut our money off. That’s just one horrific example of what we’ll face as their DIGITAL SLAVES.
@@zzbudzz Each state and each bank is different. They’re not doing this lock step, they’re strategically rolling CBDC out slowly and sneakily. The only thing we have going for us is we can still communicate with each other right now to be able yo educate each other on what’s going on in each place / state / county/ city.
They want to know...
"WHAT'S IN YOUR WALLET ?"
This bank stuff is getting out of hand! I have been trying to leave as little as possible in my accounts. Great pickups!
Good move!
I leave just enough to pay bills and cover 6 months of expenses the rest is in my hands or in the market
Gold and silver it may not be profitable in the time of need but it will be worth something better than having paper fire starter @@David_Quinn_Photography
@@David_Quinn_Photography bro i struggle with 6 days of expenses
Same. I leave little in the bank and just opened a second financial account at a separate financial institution.
You’re probably correct about cash disappearing eventually but as of today it’s still available. My wife worked as a bank teller and it was standard operating procedure to only stock the bank with enough cash to do for that day. (which surprisingly isn’t very much) Safety regulations b.s.
about 2 yrs ago I decided keeping a lot of money in one bank was a bad idea, I called my bank and informed them I would be withdrawing a low 5 figure amount in a few days, 3 days later I went to the bank and they gave me a hard time, ( what did I need it for? why can't you just transfer it?) ultimately I told them it is really none of your business but, since you ask "I don't trust banks anymore"
cash is still readily available in my area, I did just the same a few weeks ago and the teller just asked me to give her a minute to add more cash to her till. Which I expected and in 10 min I was out of there with $100s I want to believe that the teller just didn't want to do paperwork but it's also YT, I take a lot of stuff with a grain of salt.
Who's safety? that's the question
I believe your wife but I don't believe what they are telling her
@@curie3938 Thank you. I did the same. I opened my second account with a separate financial institution recently. Where else can we have our paychecks direct deposited, if not at banks / credit unions? Or have banks / credit unions monopolized their industry to rob us of having other choices / options?
I walked into Chase the other day and wanted to deposit $300 cash into my checking. The teller told me that any cash deposit of $200 or more had to be reported. Our government is totally out of control !
I hear it
You should have said ok ..I want to deposit $150 and go back in line and deposit the other $150
@@zzbudzzThen they file a SAR on you (suspicious activity report)
@@zzbudzz That would be known as the illegal act of "STRUCTURING" to avoid being reported. The teller would most certainly submit an SAR (suspicious activity report) about your depositing $150 twice. What a scary new world we live in. I am glad that I will probably be dead in 10 years.
Deposit in the ATM . . . no back talk from a teller . . no standing in line . . . and . . . . Be sure to cover the ATM camera . . I do it all the time
Three years ago: Chase began refusing to CASH my IRS income tax refund checks. The teller claimed she did not know why other than the check reader/endorser(?) machine she ran the check through rejected it. Her solution: DEPOSIT the check to my account, then write a check for the amount, which she cashed. BIG BROTHER doesn't like you having cash, hence the push for Central Bank Digital Currency - which they can trace.
Never any problem with my $50.00.😂😂😂
My theory is or Fed Central Bank Scammers notes have so little value that it's cost prohibitive to produce it. especially in the smaller denominations. I read recently that there is 22 trillion in Cash 33 trillion in US only debt and between US & the World 66 trillion Debt with nothing behind it but false promises and the US Military.
The CBDC has poor support in congress right now, so write letters to your congress critters expressing that you don't want CBDCs and prefer cash money.
A few letters won't do much but thousands of them will. A congressman once told me that for every letter they receive, they think that 5,000 or so other
people feel that same way. We need to head the CBDC off at the pass and not let it worm its way into the national economy. The Fed already has too much
power. No need to give them even more. Their performance record simply does not justify it.
That is making it easier for the bank to comeback on you if the check turns out to be fraudulent. You withdrew money from your account, not taking it from the check. Your bank account is at risk unless the deposited check clears.
Let's all refuse the CBDCs!!
You card users have 85% of the blame for what is to come. Thanks.
Exactly, where I live they all use card and phone tap to pay, young and old, these fools are the reason for the demise of cash😡
I remember when dad’s bank started using debit cards back in the early eighties. He despised it. Kudos to anyone who can function 100% in this day and age solely using cash.
I get what your saying but I kindly disagree, this was all baked in the cake and technology enabled it…. When we stopped using article 1 chapter 10 of the constitution… we were doomed to lose
You're welcome Michael. 👍
My pleasure :)
If you don't have that much cash then take the word Bank off the building
For sure
Needed my driving record, the sign at the desk says bank card preferred, i gave cash. The worker groaned about the cash. For real, governments are getting rid of cash.
Let them groan.
Drivers license is ONLY FOR COMMERCIAL DRIVING....not traveling in your private car
@@waynechien-vovietchongmy9724yeah?
@@waynechien-vovietchongmy9724😂 You aren’t very intelligent are you.
@@waynechien-vovietchongmy9724tell that to the cops when they pull you over..
So far I haven’t had any problems getting cash but they have asked what I need it for. I just tell it’s none of their business, I can close my account.😂
It really isn't any of their business
This is when you look them straight in the eye and simply say "cocaine and hookers",, LOL
I told my husband if they ask tell them it’s for booze and hookers!
You tell them, "im turning this paper fiat currency into bars of gold and silver"
I would reply " I'm sorry, but do WE have a joint account together in this bank"??😂
ANSWER: "No"
Reply with " Then give me MY money and stay out of my business"!! 🙄😠
The Pen Fed Credit Union here in the DC area has posted a sign saying if you want to withdraw more than $2000 you have to call to make an appointment ahead of your withdraw. Something is obviously up with our financial institutions.
Around fifty years ago , I had an uncle that still lived with my grandparents . He was working six days a week and didn't get out of work until after the banks closed . He filled out a deposit slip for several paychecks and had my grandma take them to his bank for deposit . The bank refused to do so , causing him to take time off of work to go in and have a " little chat " with them , at which time he informed them that he wished to close out his accounts as he would be doing business across the street from now on . They had a major fit when they realized how big his accounts were , and started to promise him all kinds of things to stay . He flatly refused and him and Grandma went across the street to the other bank , where he explained the situation and told them exactly what would happen if they refused to accept a deposit brought in by his mother . The second bank never caused any problems .
Love these true life stories that people put in their comments. Kudos to your uncle for reminding them that they existed to fill the needs of their customers.
Way too many businesses, especially the banks and insurance companies have a nasty habit of forgetting this fact and need to be reminded of it.
Good story. I enjoy hearing when a company will do what's right to make the customer happy
I have been doing this for decades! If the place is giving me a hard to do business with my hard earned money, then I'm moving on!! I could go on and on! Things aren't changing for the better!!!!
We must exercise our freedoms to keep them,use them or lose them.Freedom is a strange thing
Enlisted at 17. Was home on leave following Bootcamp and A-school. I only had a Military ID, wasn't driving until I was 18... in fact, as Mom used to love telling folks, I was driving a 58000 ton Battleship before I was driving a car. Had an account with the Huntington Bank. Grandma took me through the drive-thru teller so I could deposit my check and pull out some cash. They stated I had to come in because my Military ID wasn't sufficient. I went in, withdrew all my funds and closed the account. The relaity of We Support Our Troops!
I force every one to deal with cash, from one bank or another, and I force stores to take cash or I go to another store. Everyone needs to do the same.
no one is prepared for what they have planned
Very few are prepared for what is coming...even "THEM"....money will be useless
@@YaknTackle xrp is trash & a scam
@@YaknTackle Would love to hear more...what do you think is coming?
@@DevLife717 cmon the thing, you know it
Who is they?
I noticed during the summer of this year my bank went from a $1000 Daily Cash withdrawal limit to $500. I just went over multiple weeks instead of a few days, didn’t change anything. Definitely made me more convinced on the future.
I do the same. I repeatedly go to the ATM and not to a teller / person as I don’t feel like arguing to be able to get my fiat currency.
Great video S&C, it really does worry me every time I see experiences like this. This is why I keep literally zero cash in my bank. You never know when your bank is going to close down, it seems more and more common these days for banks to close down with little to no warning!
I hear it. Thanks for watching
Merry Christmas to you and the Mrs.
Same to you!
It's common in my small local bank to have a teller ask another teller for bills to cash my four figure check. I think they keep the amount in their drawer low to cut their losses in the event of robbery. Party stores do the same thing.
Exactly
Could be. Thanks for the view and comment
I took out $2,400 (all $100 bills) out of my Credit Union a couple of months ago, ... it was no problem.
Over 10K and you have to fill out forms alerting the Federal Government.
@@timmjackson it’s down to 600 now . Whether you make it or spend it
I had to give my bank a week’s notice and make an appointment to withdraw my bonus check. I had to deposit the check, wait 10 days for it to clear then request the amount. Not to mention they wanted to know why I wanted that much cash. After 34k in taxes it was in the mid fifties.
Oh wow!
Get a new bank.
34k in taxes to net 55 that doesn’t sound right
@@nipples8776welcome to California
The bank has nooo business asking what we plan to do with our own money!!
I went to the bank last week to take some $ out to buy gold. The teller asked me what the $ was for, I wouldn't say, after all its my money and private what I spend it on. Anyway, they refused to give me any! Needless to say I closed my accounts
When bitcoin first came out I asked about it at the bank and they were going to call the police!
No shit. That's crazy
Good for. It's none of their business
It’s messed up
@@majorchutzpah7265Why??
It has always bothered me that the agreement for employment that is signed by the employer and employee is for a hourly or salary wage in DOLLARS, not a check that you have to start a bank account to do anything with.
Great video! This thing blew up! Congrats bro! Those are some beautiful additions you got there. They look so good! And preach, brother. A cashless society would be a nightmare if it ever came to it. I personally don’t think it will, but that’s above my pay grade. Merry Christmas my friend! 👽🤙🏻
Merry Christmas to you! Heck ya it did. As I'm posting this I'm at 88,000
Card purchases can be tracked and tax appropriately whereas cash is often untraceable.
Thomas Jefferson knew. 😡
Lots of banks are closing branches in the UK (in the thousands). The writing is on the wall. Physical money will be replaced with CBDC's. That is very bad for all of us!!
I heard the UK is terrible when it comes to getting cash
Sad!! I plan to refuse CBDCs. If my SS check is in that form I will immediately withdraw it in cash, I hope!
Time for a new bank😂 I just cashed in an $8000 check, no problems. Not saying there aren't issues in banking but it appears to be sporadic
I worked at a bank for 11 years and by no means am I sticking up or defending the banks. Banks have stats that show approximately how much money they would need on specific days, i.e. when it was pension pay day, banks would have more money on hand. So on the "slow" days, there would be less money on hand and all remaining money would be time locked so they would have no access to it even if they really needed it. I'm sure this response is something you would get if you were to call the branch or the head office about it. I do totally agree with you that people need to keep hearing about all of this as the times are changing and people need to be prepared. They also need to know that we all chose to be here at this specific time of events and we are here to support and love one another and never give up hope and faith.
Loved this comment. It's articulate and right on point. Agree 100% that we are here to help each other get through life as best we can.
A little love, generosity, and kindness can do great things in another person's life when they are in need of such comfort and support.
Great comment. I appreciate you watching my video and commenting
Hmmm...how, pray tell, did I choose ''to be here at this specific time of events'' Shelley...?
@@johnchemo4248 Hi John - great question! Your soul, your higher self chose to be here at this time. Amongst all the chaos going on, we have to remain strong and remind each other of hope and faith. So much negativity in this entire world and we can't allow ourselves to be sucked into depression and hopelessness. This is not why we are here. We all have a purpose to be here at this time. Meditate every day for at least 10 mins. You will connect with your higher self and remember why you chose this specific time and what you can do to help others around you.
I love my life but none of us chose to be born so no I don’t think any of us got to choose to be here during this time or during these horrific freedom stealing events. Also known as CBDC’s, which are being pushed by central (too big to fail) banks. In 1913, bankers were very collusive and corrupt with bribing / blackmailing the Secretary of State to lie to the American people, about state ratification and the 16th amendment, to get their unconstitutional income tax birthed into existence. People who believe they have to pay taxes are knowingly stupid at this point in time. And they’re part of the problem. They’re helping tyrannical, collusive, corrupt banks monopolize / racketeer our economies.
What I take from this long winded story is I’m shocked you found someone that is willing to pay you a Christmas bonus.
What I take from this long stupid comment is you are a small internet troll.
What I take from his tacky classless comment is he’s not very old.🙄
I currently work as a teller. We are permitted to only keep $6000 in our personal drawer. The header teller is the sole individual with access to the vault proper containing $210,000 for the small but growing town branch. Combating/detecting check fraud is the largest part of our monthly trainings.
thanks for the info!
The war on cash is heating up. I keep very little cash in this corrupt system. Precious metals ALL the way. Cash is being devalued at an astonishing rate anyways. Thanks for sharing, Happy Holidays
Thanks for watching! Happy holidays to you
Cash is legal tender for debts both public and private! If they take it away there will be more crime not less!
I only use cash for purchases. If someone doesn’t want it, I go elsewhere.
cash and you ability to spend it how ever you want and for it to be nobody's business but my own!...is freedom... no cash and everything you buy is subject to scrutiny! is the opposite of freedom!
I have been using cash whenever possible. I actually like it much better. No surprise credit card bills at the end of the month. If we don't use cash, they will eliminate it. I will not do business with any establishment that doesn't accept cash.
Crushed the like button and thank you so much for sharing! Excellent video and thank you so much for sharing!
Thanks for watching
I've not had that particular problem in my bank - I take 4 figures amounts out all the time and have been doing it for years - so they know my normal pattern of withdrawing from my account.
I do think these banks keep as little cash as possible though....maybe that isn't the normal transaction there? I'm being nice of course - I'm sure your experience will gradually become the norm...
I am annoyed when a bank won't cash their own checks unless you have an account there - that has happened to me...they want to charge a fee to cash a check from their own bank like there is some risk...it's all part of the plan
I'm a youngin, not saying my exact age, but im a younger guy and my father and i really notice this stuff. It's really sad to see what this economy has come to. I started coin collecting about a year ago and cash was sorta desperate at banks but not worriable.
Awesome video brother, cash is king!
Congratulations on your success
Merry Christmas 👍🏻👍🏻
Merry Christmas to you! Thanks for watching. I saw you in a live last night don't remember which one. I don't think I'm subbed to your channel. Will be now!
Congrats on the success of this vid! Yes as you know I did my own video a couple months back with my experience cashing a check. Suprised they let you cash it then and there. Must of been a bank check. It might depend on where you live as well. NYC is a cash economy and I haven't noticed cash becomming harder to get. In fact a few years back they installed ATM's at most banks where you can get $1, $5, $10, $20, $50, or $100 bills. If anything its become easier and the limits of the atm's have been raised.
That's interesting. Your the first person out of 500??? That have said cash is easier to get. Most people are commenting it's hard to get cash. Ya my best video to date. It's making a ton of revenue
@@SilverandCigars lol idk cash is easy to get here, no lie. Glad CZcams is making this holiday season a merry one for ya!
I always carry cash and pay cash especially at restaurants. Anywhere they usually want to take your card away and bring it back I pay cash to avoid getting scammed. I also carry kinetic insurance. 😊
Good idea
I took 4500 out at once. No questions all 100s
Lucky
Down payment for the vehicle. So kind of lucky for someone else.
I spent the entirety of my bonus on metals. It was a direct deposit this year for the first time in my 8 years with the business. I wasted no time in shedding my fiat currency for things of value! I'll be picking up my shipment tomorrow after work. I love getting metal in the mail.😊
very nice! I too love getting silver in the mail
My self storage unit told me they no longer accept cash as payment . I no longer store my stuff there and i dont do buisiness with any company that doesnt take cash as payment.
Good for you. Fight the power
Sounds like there is a market for debit or credit cards that cannot be traced back to the holder. Anyone know if these are being offered somewhere?
They have definitely made getting cash difficult over the last few years. The bank I deal with mostly limits cash withdrawals to 5k and little choice in denominations.
Who is they?
The teller made a copy of my drivers license for a measly $2k.?!
When I wanted to take out a fairly large sum to get some silver, I did it in $2000 increments (My max allowed withdrawal from the bank machine)over a couple of days.
Exactly the same here, 2k per day from the ATM, easy...
That's pretty generous. My bank limits to $600 for ATM withdrawal.
I call bull shit on your 2000.ATM withdrawals every day
@@jeffpaul6252 same
@@brianstone4302 I don't know what to tell you. You can call bull shit all you want, but I have a $2000 a day limit, and I use it when I need to.
Now at TD Bank, they are asking customers to provide ID and pin numbers at the drive-through window. I told the teller that I was making a deposit, not a withdrawal and the deposit slip had my account number on it and that was all they needed. What a bunch of government narcs. 🤨
Yep
LOL cash is never going away
I hope not
Cash is not accepted on many toll roads now. They are limiting and tracking everywhere you go.
Cash or card. My tolls are all easypass
Yes, it’s very inconvenient. I prefer not to use toll roads like this.
@@scarbo2229we should all use toll roads and REFUSE TO PAY
@@waynechien-vovietchongmy9724 We should all grocery shop and refuse to pay. 🤡
Angry!
Nice collection , Yeah it's getting worse at the banks for sure.
Tell me about it
This has happened to me several times over the past 2 years. I was once told that I needed to order cash 2 days ahead. The check was only $6400. The other time I was told they didn’t have the cash I requested so I took some cash and the balance in a cashiers check.
Sounds about right
Guess it's not everyone. I recently purchased a used Jeep for 8K$ to rebuild as a project. I went to my bank to get cash because the seller requested cash. I had no issues at all. They gave me the cash with no delay or question....
That is a real chunker. Never seen one of those before. It is pretty cool.
It's heavy
I went through the same thing 6 months ago. The bank manager tried to hassle me about taking money out of my account. I let the dumb "bitsch" know that she has nothing to say about what I do with my money. Then I preceeded to take ALL my money out and close the account simply for that reason.
Nice. Good move
I went to my bank this summer and withdrew cash so I could by a car private party. I had to go to two separate branches, and it wasn’t even that much cash.
But I will say, the teller was very interested that I was buying a good car for a decent price.
I have preached and practiced using cash at all possible opportunities.
In the past 20 years my entire family never uses it.
-Boot on my face, forever.
Because they can’t wipe away cash with the click of a mouse. As worthless as US currency is right now, it is still a hard asset that you can hold in your hand. Remember what happened to many of the Canadian truckers. If they don’t like what speech you use, they take your money. With the click of a mouse.
I do remember what happened to the truckers. That's why i collect silver
@@SilverandCigars Same here brother! I won’t be caught without hard assets that in a barter/black market will be easily used as tender for goods and services. Gold and silver have driven the bus for 6,000 years. Despite whatever Ponzi scheme governments play, despite worthless currency, despite complete economic collapse, silver and gold will reign supreme.
I think turning that cash into silver gold or goods you may need soon is a wise thing to do !
Cash will not not being eliminated, as long as People don’t allow it. I would recommend coming together and having a meeting with the bank manager or city Council, let them know that this won’t fly.
lol, the people in control don't give a hoot what the people want. They do what they want when they want.
Local branches seem to handle up to $5k cash fine. It's when you want between $5k and $10k they don't have it in stock. It's like going to an auto parts store and 'we can have that for you by 3pm today from the warehouse'. Banks are contracting their costs and a big one is their over-night FED funds transfer rates/costs, which are rising due to FED interest rate increases. Some retailers that had big cash needs/deposits were being told a surcharge may be put on large cash deposits/withdrawals (like 2% back when interest rates were 2%ish, I suspect those warnings are higher now). It's hard to buy a used car or farm equipment off Craigslist/etc for cash these days because of this situation "can't you buy that with a cashiers check?"; not when you are negotiating a different price than listed after you inspect the item and find unreported issues.
I'm being told alot to call ahead and you won't have a problem
Banks do not stock a lot of cash for sure. You can get plenty of cash if you order it... so to speak. The general pubic is using mostly cards and now phones to pay digitally and that's helping lead the charge against cash, imo. That frog round at the end was interesting- chunky!
It's definitely a sign of the times to come
Nice collection there brother. Lucky I can still get cash all day every day at my local bank. Very thankful. We need to start using cash more often 💯
You got that right!
It’s because $1 in your pocket is $1…. $1 in the bank is $♾️ in loans.
Went in a couple of years ago to get a $10k stack of 100’s for a car auction. The teller looked at me like I was joking. She said they don’t keep that much but could order it and have it the next day. Returned the next day and got it but I thought the same thing…how does a bank (UMB Bank, Kansas City branch) not have cash in the vault to withdraw? Not sure where the issue was, maybe they didn’t have a 10k stack but I was dumbfounded.
Good story. One would think they would have a good amount in the vault. I mean it is a bank with a secure safe vault
If you would have asked for 9900 you would have gotten it. 10k is the red flag.
Sup S&C!
What the hell bank are you doing business with!? 😮 wtf?😠
Starting to sound a lot like the U.K. six months ago!
Its a big name bank! I was in a big suburb too.
A big bank? That’s crazy....Never had an issue
Nice silver additions!
Thanks!
You’re absolutely right. This is happening everywhere. If you want any serious amount in cash or even deposit a serious amount they ask a ton on questions. People have been trained to be very suspicious of cash.
Thank you for agreeing
I take out my SS payment in cash every month to keep at home and deposit as needed to cover bills …been doing this for 2 years without issue waiting for the crash. Regional bank here in Oklahoma been fine!
Your bank’s branch is giving you BS. They have plenty of the green in their vault. They wouldn’t be able to complete transactions with local businesses that have a high cash demand otherwise. In addition, these local businesses make deposits almost on a daily basis with thousands in cash.
Maybe I should switch banks.
In my opinion one large reason they want to eliminate cash is because cash is legal tender for ALL debts public and PRIVATE. This actually gives us RIGHTS when using cash. During the pandemic many businesses refused to accept cash and I'm quite surprised that lawsuits were not filed against those that flagrantly violated our right to use LEGAL TENDER instead of plastic. Brick and mortar business' unfortunately will be extinct when cash is eliminated.
You are mistaken.
Cash is legal tender for all debts public and private, but nowhere in does it say you must accept it.
It is completely lawful not to accept cash, same with no shoes, no shirt, no service.
@@greg6235 I have a poster that says that but she had no pants was at a white castle yrs ago 😅 couldn't resist
The cash has covvvvvv iddddsd😂
Who is they?
@@greg6235 One might argue that an individual has the right to refuse prior to providing a good or service as opposed to an open to public entity which would be obvious discrimination. Once a debt is incurred those that refuse cash can pound sand lol.
The banks aren’t trying to eliminate cash, they don’t have any on hand because of fractional reserve lending. The banks don’t have the amount of liquidity on hand required by federal law. They’ve lent it all out because interest rates have been at zero for 15 years. All the banks’ cash is tied up in lengthy 2.5% mortgage loans.
It has been like that for a long time. If you want to withdraw more than $5000.00, you need to phone ahead and order it, in. Basically, it is like booking a reservation at a restaurant or hotel.
One of the security features on the Brittanias are that they milk spot on the assembly line.
🤣 Too true.
I've got plenty of silver Britannia's, no milk spots on mine🤨
Ya it is.
😂
It's illegal to refuse cash
That doesn’t stop them , many places now don’t accept cash
As a former teller during Y2K banks don't have much cash. I'm surprised they even cashed it. I had a lady come in and wanted 10k cash on the spot and there was no way. She had to either order it or go down to the the larger branch that had the central vault. No surprise that she was upset, but it has been this way for years.
Yes it has
My wife’s family is mostly immigrants. They use mostly 100 percent cash. Exclusively. This will be devastating. But you know what as an accountant. I’m for it. More transparency isn’t a bad thing. It’s the corrupt mess that will be hurt the most. And yes this will be felt everywhere.
Yeah well Congressman Menendez leaves Gold in his Car and nothing happened to him.
Start stepping up those regular "rainy day fund" withdrawals, y'all. It's not gonna get any easier any time soon! Get to know your tellers and establish patterns (of legal behavior, of course) that won't result in raised eyebrows. Taking out $250k all at once like the guy you mentioned is NOT the way to go!
I should find that short and link it in the description.
Why not it's my money. There shouldn't be any issues.
@@bensherman8976 True, there shouldn't be in a healthy society. But the WEF muppets don't want you in cash, so they get the central banks to start slowly pushing CBDCs down everyone's throats, and it all starts with cash fees, cash limits, etc.
This country is in big trouble. We are screwed and 2024 will be an epic and scary year . God help us all
I agree 100%
My little credit union uses a machine, once the system tells it the amount it spits out bills in a pile. No drawers. Not sure if each teller has a machine or if it's one big vault under the counter.
But I recently went to draw some cash out of my account. Part of paying for a new roof and I wanted $8,000. No problem, counted it all out but then did ask me if I wanted to let them know what it was for. I just said work on my house.
Another time I pulled to the drive through and wanted $5,000 and they told me they couldn't do that there, you have to go inside a branch to get more than a couple thousand.
Good deal
Reminds me of when I cashed a £4.000 bonus in 2001, there was a group of us fellow workers all cashing our bonus cheques at the same time, and I requested it all in £10 notes just for the kicks, I recieved it and the next of our group asked the same but got refused and got it in mixed notes. You see, the bank only carries so much ready cash, it's to deter thieves. They don't all have a stereotypical vault "full o' cash." Sometimes, it's just a drawer or cupboard, and they just shuttle excess cash back and forth via armoured car to the main bank. Then again the American economy is crashing due to overprinting money on promises, the same as in my country.
You a 100% America is crashing hard
I have a multitude of bank accounts. City banks and farm banks. Keep my big acct at a farm bank in town of 900 people. Last year I went in to withdraw 8k usd on Xmas eve. They got it out of the vault and didn't bat an eye! I'm a friend of the bank president:)
Good deal. It's good to feel your money is readily available if you need it
Or, deposit the check and have some of it handed to you in cash. Then over a period of weeks, withdrawal it incrementally.
Seems like an extra step I shouldn't have to take
The tellers have drawer limits to not expose too much to robbery. Usually, about $5,000. So if your check was $5,000, her drawer is now empty and there are probably 5 or 6 people on lunch break ( I'm sure you came in at lunch, worst time to go to bank) trying to cash or deposit their pay check. So now 6 people have to change lines or wait while the teller shuts her drawer down and go with the Head Teller to the vault to replinish her drawer, meaning the Head zteller will also have to shut down her teller line too. So this has more to do with security and wait time for customer service.
However, yes govt does want checkless society.
Just came across your channel and really like what you have to say so I just subscribed...
Awesome, thank you!
sweet! thanks for watching and subscribing!
Sharing this video on a few fb pm groups.
Very nice thank you
I had a similar issue when I wanted to get cash to pay my contractors. They gave me a huge stink about that I should have called. I think all I wanted was 10k. They ended up having it.
I'm a retired retail manager that for years made daily deposits mostly cash. In today's world it is primarily debit cards being used. Banks used the cash deposits to cash checks through the day and now they don't get the cash.
Nice pickups! That 5oz round is awesome!
Thanks 👍
Like the Christmas round. Got the gold tenth ounce Lunar Dragon today.
Very nice! Some day I expect to see your collection
Desperate times call for Desperate measures! The separation between the haves and the have not is bigger than ever!
Work at a bank here. We limit how much we have. We do however accept large order requests which we then wait on federal reserve which can take a week. Depends on bank location and what week and such. Could of went after the pick up and got bad timing. Lol happens.
💯 true
There are many factors at play for banks that don't keep nearly as much cash on hand as they used to. 1. There has been a significant reduction in the use of cash across the USA.... this is somewhat planed buy the government, but also at/for the convenience of everyday people. Direct deposit and debit cards are the "norm" for employers, so dealing in cash is greatly reduced. 2. You don't seem to have an "in-person" relationship with your bank branch. While it isn't a requirement by any means.... if they were more familiar with you in-person, maybe the discussion/transaction might have gone a little smoother. 3. Smaller local branches just don't keep much cash on hand due to logistics and concerns for robbery..... depending on your local, that can be a big concern for them.
While the government certainly wants us to have all our money in the bank and wants to push for more control over cash..... it's not going away anytime soon, and if you plan appropriately, cashing and dealing with larger amounts of cash can be done
Thanks for watching and the comment!