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RE: Ever withdraw $1,000,000 in cash from your bank? I did. Here's what happened.

in #money7 years ago

As they say, if you want your money and there is a problem. They will only give you 10c to the $1. So if you had $1,000,000 in the bank, and the economic collapse happens and there is a bail-in. you'll only have 100,000 in your account. And then you'll only be able to withdraw a maximum of $1000 per day.