View Poll Results: Should we have a quick look into banking practices?
No, leave them alone you bullies!
0
0%
Don't care, my money is safely stored in my mattress.
0
0%
We actually opted out of the finance system and went back to bartering.
0
0%
Multiple Choice Poll. Voters: 3. You may not vote on this poll
Banking enquiry
May 3rd 2018, 10:30 am
#1
Truth is the safest lie.
Thread Starter
Joined: Jul 2008
Location: @ the beach.
Posts: 6,575
Banking enquiry
Should we have a quick check what Australian (and other) banks have been up to in New Zealand?
May 4th 2018, 8:46 pm
#2
BE Forum Addict
Joined: Jan 2009
Location: South Auckland
Posts: 2,228
Re: Banking enquiry
Cryptos are the way of the future. Bypass the banks completely.
May 18th 2018, 6:32 am
#3
Truth is the safest lie.
Thread Starter
Joined: Jul 2008
Location: @ the beach.
Posts: 6,575
Re: Banking enquiry
Yeah but that's because crypotcurrency avoids any of the identity checking and money laundering checks that people using SWIFT have to do. Countries will get over that very rapidly.
May 20th 2018, 1:15 am
#4
BE Forum Addict
Joined: Nov 2012
Posts: 1,266
Re: Banking enquiry
The only part I find odd is NZ is the only OEDC country that does not have a version of a ''depositors holder protection Act'' this lets the banks get away with it and their mates will get a nod to get out of a 'soon to fail bank' ahead of any ordinary account holder.
I wonder how much the banks and others would benefit if they did offer such a ''lifeboat scheme'' i cannot see that other countries who have such arrangements have their banks suffer directly because of it. I do see their customers not losing their life savings!
I wonder how much the banks and others would benefit if they did offer such a ''lifeboat scheme'' i cannot see that other countries who have such arrangements have their banks suffer directly because of it. I do see their customers not losing their life savings!
