9-14-14 This is a
list of possible traps at the bank that I have heard and some off the top of my
head:
1) bank changes the wording of the contract making this exchange be an investment
2) bank makes you deposit the money into their bank and not take it all out and move it to another bank
3) bank requires that you keep 50% or so of your exchanged currency in their bank
4) bank says they will pay you out in an annuity format
5) bank says that they own your money, so if the bank defaults they can use your money to pay off their debts, "bail-in scenario"
6) You have to sign and NDA with gov/HSA/other gov agency at point of exchange if you get contract rates -----
a) NDA can limit how long you are not able to talk about the exchange with anyone other than someone that has signed the NDA with you. ---------
b) some NDAs might let you talk with others that have signed an NDA but are not present with you -------------
c) NDA can be updated at anytime and you will have to come back in and sign it
7) when you are exchanging you tell the banker that you also have reserves and that you want them to give you the contract for that too. Banker says okay. You return a week or two later to the same banker and the banker does not give you the contract rate or gives you a contract rate that is lower than what you had initially received
8) bankers use your money for investments without your knowledge because you allowed them to make investments for x amount of dollars out of your whole account ---------
a) for instance you have 10 millions USD you tell the bank you want to invest some of it. Your wealth advisor says how about 2 million and you say okay. Your wealth advisor makes risky investments and you lose all of the 2 million. ---------------
b) your wealth advisor is given 2 million of the 10 million you have for investments. Your wealth advisor makes a lot of trades in each month for a year. You have to pay your wealth advisor for every single trade that he/she makes
9) you do not make sure your entire money is insured and you lose the majority of it due to bank default or other thing such as fraud or someone hacking into your account
10) you do not allocate the right amount of money for taxes for the year and you end up having to pay more than what you have because you spent the majority of it.
11) banker tries to tell you that there is only one rate and gives you the rate. banker will not let you see all the rates.
12) bank charges a ridiculous amount of transaction fees on the exchange
13) make the banker count the money in front of you and receive a copy of the receipt for the amount that they calculated. Calculate the rate times the amount you have minus the transaction fee amount with you smartphone or calculator.
1) bank changes the wording of the contract making this exchange be an investment
2) bank makes you deposit the money into their bank and not take it all out and move it to another bank
3) bank requires that you keep 50% or so of your exchanged currency in their bank
4) bank says they will pay you out in an annuity format
5) bank says that they own your money, so if the bank defaults they can use your money to pay off their debts, "bail-in scenario"
6) You have to sign and NDA with gov/HSA/other gov agency at point of exchange if you get contract rates -----
a) NDA can limit how long you are not able to talk about the exchange with anyone other than someone that has signed the NDA with you. ---------
b) some NDAs might let you talk with others that have signed an NDA but are not present with you -------------
c) NDA can be updated at anytime and you will have to come back in and sign it
7) when you are exchanging you tell the banker that you also have reserves and that you want them to give you the contract for that too. Banker says okay. You return a week or two later to the same banker and the banker does not give you the contract rate or gives you a contract rate that is lower than what you had initially received
8) bankers use your money for investments without your knowledge because you allowed them to make investments for x amount of dollars out of your whole account ---------
a) for instance you have 10 millions USD you tell the bank you want to invest some of it. Your wealth advisor says how about 2 million and you say okay. Your wealth advisor makes risky investments and you lose all of the 2 million. ---------------
b) your wealth advisor is given 2 million of the 10 million you have for investments. Your wealth advisor makes a lot of trades in each month for a year. You have to pay your wealth advisor for every single trade that he/she makes
9) you do not make sure your entire money is insured and you lose the majority of it due to bank default or other thing such as fraud or someone hacking into your account
10) you do not allocate the right amount of money for taxes for the year and you end up having to pay more than what you have because you spent the majority of it.
11) banker tries to tell you that there is only one rate and gives you the rate. banker will not let you see all the rates.
12) bank charges a ridiculous amount of transaction fees on the exchange
13) make the banker count the money in front of you and receive a copy of the receipt for the amount that they calculated. Calculate the rate times the amount you have minus the transaction fee amount with you smartphone or calculator.
1 comment:
Any announced RV that does not come with a BANK HOLIDAY is a fraud. A BANK HOLIDAY resets the old banking system with the new transparent BRICS Alliance financial system. Under the new system, none of the above will happen because it is NOT PERMITTED! Use your brain instead of your greed! The Cabal taught you how to be greedy and they are using that greed to manipulate the Guru's and 10% of the foreign currency investors.
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