The Rumor Mill News Reading Room
Transfers excluded, JP Morgan Chase is Wired
Posted By: SARTRE
Date: Wednesday, 23-Oct-2013 07:04:18
The rumblings of capital and currency controls are causing a stir among perceptive financial observers. You do not have to be a business-banking customer to fear the consequences of restricting the transfer of money. Both domestic and international wires are no longer available to be sent from a business savings account, may seem unimportant to the average Chase customer. Many do not have enough money on deposit to pay the wire fee. However, the kicker is that you can still receive wire transfers.
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