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RE: NatWest to Impose a £24K annual limit on cash deposits from September!

in LeoFinance10 months ago

Maybe they knew that it was just a matter of time before all the banks adopted a similar policy, maybe even mandated by law. Wouldn't surprise me.

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We're not quite at mandatory yet, maybe that's coming this decade here? I know the government is keen on digital currency!

The Bank of England has said it will maintain cash because there is a large group of people that are still cash-only.

Around 15% prefer cash! Lots of people!