Lets say you are granted a loan for 100,000. . The moment that loan is approved and 100k is entered on the computer that promise from you to the bank creates 100k for the bank, in that instant. . This ledger entry alone creates the 100k, from nothing. Today, over 97 of all money that exists, is made this way. This is what drove the dodgy lending practises that created the last crisis. . But since then, the failure to regulate the markets means that while bailouts hit public services and the real economy banks were free to continue the same behaviour, bringing the next crash.
How to write a complaint letter to bank when i havent got money
so the central Bank prints 100, and gives it to the government on usb the basis that it returns 101. . you may have already spotted the first flaw in this process. . The additional 1 can only ever come from the central Bank. . There is never enough money. The second issue is that all money is debt. This used to be the way you pretty much all of the money in circulation came. . That is, until Investment and Retail Banks got tired of this monopoly on debt based currency, and kicked off the commercial money supply. . you might assume that when you take out a loan or other form of credit, a bank gives you that money from its reserves, and you then pay back that loan to the bank at a given interest rate the bank making its profit. you would be wrong. The bank simply creates that loan on a computer screen. .
Cef ) because any abnormal inventory declines may signify extraordinary events behind the scenes. The crash is in come ways a replay of the last one. The us dollar is a fiat currency (as is the pound sterling, the euro and most other major currencies). . This means, it is monopoly money. . There is no gold reserve that its values are pegged. . It is simply made. . so how does money get made? A private, for profit central bank prints it and lends it to the government (or other banks) at an interest rate. .
While hsbc argue there is comes customer security interest bill here, the story simply doesnt add. . Customer identification is required for large withdrawals, not customer intentions a persons cash is theirs to withdraw and place wherever they so wish. . Instead, hsbc has been found to have a capitalization black hole (gap between actual cash and obligations) of 80bn. . The like message is simple, get your money out now. The gold Rush, the major banks and states appear to be preparing for impending crisis, while pretending to the public that the economic situation is improving. There is a gold rush underway, with Banks and States frantically buying up as much gold reserve as they can, stoking fears that confidence in currency is at an all-time low. . In recent months and weeks, banks like hsbc and jp morgan, and states such as the us, germany and China have joined the gold rush, making vast purchases of stocks. Investment analysts at, seeking Alpha have been monitoring the strange activity on the comex, stating: keeping track of comex inventories is something that is recommended for all serious investors who own physical gold and the gold etfs (spdr gold Shares (gld phys, and.
I said, can I have 5,000? I said, can I have 4,000? And then I wrote one out for 3,000 and they said, ok, well give you that. he asked if he could return later that day to withdraw another 3,000, but he was told he could not do the same thing twice in one day. As this was not a change to the terms and Conditions of your bank account we had no need to pre-notify customers of the change. He wrote to complain to hsbc about the new rules and also that he had not been informed of any change. The bank said it did not have to tell him. As this was not a change to the terms and Conditions of your bank account, we had no need to pre-notify customers of the change, hsbc wrote. Mr Cotton is not alone, with other customers seeking to withdraw cash amounts over 3,000 facing the same obstacles. .
As the next of kin of my father how do i get my father's money from
By kerry-anne, concerns about an imminent bank crash were further fuelled today at news that hsbc are restricting the amount of cash that customers can withdraw from their own bank accounts. Customers were told that without proof of the intended use of their own money, hsbc would refuse to release. This, and other worrying signs point to a possible financial crash in the near future. Hsbc is scrambling to manage a seemingly terminal liquidity crisis (a lack of hard cash) that could see the bank become the next Northern Rock and trigger a bank crash. . The analysts advice is for shareholders to sell hsbc investments, and customers to move their accounts elsewhere before the crash. This from the, telegraph : Forensic Asia on tuesday began its coverage of Britains largest banking group with a sell recommendation, warning the lender had between.6bn (38.7bn) and.3bn of questionable assets on its balance sheet, ranging from loan loss reserves and accrued interest. According a report by the bbcs.
Moneybox, programme, hsbc customers have gone to withdraw cash from their accounts, only to find hsbc would not release the funds. . Customers were told to make a bank transfer instead, unless they provided documentation proving the intended use of the money. Stephen Cotton attempted a withdrawal and told the programme: When we presented them with the withdrawal slip, they declined to give us the money because we could not provide them with a satisfactory explanation for what the money was for. They wanted a letter from the person involved. Mr Cotton says the staff refused to tell him how much he could have: so i wrote out a few slips.
Working knowledge of Microsoft Outlook, word, and Excel. Comprehensive knowledge of all banking products and services. Completing administrative tasks correctly and on time. Personal Able to remain seated for long periods of typing and repetitive motion. Working ethically and with integrity. Applying common sense to situations.
Having a clear voice. Able to speak effectively to customers from all walks of life. Always punctual and on time. Areas of expertise wire transfers Cash handling Currency transactions Cash management Data entry academic qualifications university name - Degree details Study dates College name - qualifications Study dates School name - Subjects / Grades Study dates references available on request. More bank teller resume templates Bank teller resume bank teller resume 1 Bank teller resume 3 Bank teller cover letter examples Bank teller cover letter 1 Bank teller cover letter 2 Bank teller cover letter 3 Bank cashier cv examples Bank cashier cv bank cashier. Hsbc bank on Verge of Collapse: Second Major Banking Crash Imminent.
Format of letter to, bank for address change etc
Job title - start Date - end resume Date. Employers name biography - location, job title - start Date - end Date. Employers name - location, key skills and competencies, professional. Able to count money quickly and accurately. Rounded client management skills. Superb team working abilities. Identifying opportunities to sell extra products or services to customers. Proficient in accounting software.
Accurately recording all financial transactions. Tallying all cash at the end of a shift. Accepting cash deposits from customers. Mentoring sanpaolo junior bank staff. Identifying customers by carrying out checks on their identity. Maintaining a balanced cash drawer. Handing over cash to customers when they are making withdrawals. Helping customers to access their safety deposit boxes.
the banks latest products. Answering customer enquiries regarding their account balances. Receiving loan instalment payments from customers. Recognising a customers needs.
Employers name - location, responsible for greeting customers when they come to the till, enquiring about their needs and then helping them in any way possible. Duties; Identifying damaged, mutilated, altered and counterfeit money. Examining cheques for endorsements. Looking out for fraudulent activity. Answering basic customer questions regarding interest rates and the banks services. Balancing currency, coins, and checks in the cash writing drawer at end of every shift. Assisting customers with their loan applications.
Letter of intent with resume /)
Maxine curry, dayjob Limited, the big Peg 120 Vyse Street, birmingham B18 6NF. England, t:, e: personal summary. Maxine is sensitive to a banks needs, its analysis public image and to retaining the good will of its customers. She has the necessary skills needed to maximise profitable relationships with customers and is more than able to meet their banking needs. As a competent and confident Bank teller she will always interact in a professional and polite manner with customers. Possessing a professional appearance and attitude means that she can have an immediate impact on any individual that she meets. Right now she is looking for an exciting career opportunity where she can further develop her skills. Career history, bank teller - start Date - present.