Access to Cash Limited for Business Accounts at Chase!?

First currency wars, now capital controls!

Chase Business Banking sent out notification advising that Currency Controls will be in force which will limit cash access per statement cycle including ATM withdrawals & cash withdrawn at the branch, beginning November 17th 2013.

All international wire transfers will not be allowed & all future scheduled & recurring international wire transfers will be canceled, from mid November! as stated in the bank letter shown;

Chase-Bank-10-08-2013 Notification









Source: Armstrong Economics

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