Follow up on: Chase Bank Begins Move Toward Cashless Society - Will Limit Cash Transactions for Businesses 10-16-13 "Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts have received letters over the past week informing them that cash activity (both deposits and withdrawals) will be limited"...The cash-to-electronic transition has been underway for years, but apparently the time for forced compliance is now beginning by putting small and mid-size businesses in a position where they will be forced to reject cash payments to stay within the limit. Once that begins, there will be no turning back. Smart phone payment only please...
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Chase Revamps Cash Deposit Rules to Ease Money-Laundering Risks
In a bid to close potential money laundering loopholes, JPMorgan Chase (JPM) tells FOX Business it is set to roll out a new policy that requires customers who want to make a cash deposit to show identification and be listed on the actual account.
It is believed that the New York-based financial giant would be the first big bank to enact such a change.
Chase tellers are expected to begin asking customers for ID when making cash deposits on February 1, but the policy is not expected to be strictly enforced until March 3, Chase told FOX Business.
“It’s an excellent idea. I guarantee other banks will follow suit very shortly -- if they’re smart,” said Annemarie McAvoy, a former federal prosecutor who now teaches anti-money laundering and counterterrorism at Fordham Law School.
“The hard thing with cash is you can’t tell where it’s coming from once it goes into an account,” said McAvoy.
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re: 'first big bank - guarantee other banks will follow'
While the reason offered for requiring identification to deposit cash in a Chase bank is "to close potential money laundering loopholes", that really is a very transparent excuse for what this new policy will in reality accomplish. Attaching a mandatory identification to cash deposits essentially transforms them into a digital transaction. It makes cash 'trackable'. Who what where did this cash come from Sir? How long before a form is required also, with all pertinent information so that everything is open to the prying eyes of Big Brother. All digital transactions already are - it is only cash that still remains non-controllable to the would-be 666 global-masters, and that just won't do. Sell a used car? Tell us about it. Doing some babysitting young lady? Tell us about it. In addition, the secondary requirement of being "listed on the actual account" will make it impossible to deposit cash into another person's account. Cash bad, bad bad cash, says Chase.
Cash is personal autonomy. There is only one reason to remove the autonomy of cash - which is exactly what Chase Bank has now begun to do - it is to establish draconian control over the personal lives of individuals. When cash is gone so is freedom. "Other banks will follow suit very shortly" says the Big Brother spokesperson quoted in the above article. No doubt this is true. Can't have their no-man-can-buy-or-sell cashless 666 digital-credit economic-control-system global dictatorship* unless all the 'Big Brother big banks' work together to phase out cash completely, now can they?
That digital-control-dictatorship system? - it just went to the next level. Very significant development in the scheme of things bible-prophecy related. Seeing the predicted cashless-global-economy 'coming true' before your eyes is seeing the nuts and bolts of "prophecy". Believe it or not, and believing is highly recommended, make note. Rev. 18:4
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compare: NWO - Google, Walmart, Etc. Pushing Cashless Mobile-Payment Systems; And Isis 9-1-12 "...the NWO "smart-phone'' mobile-payment system, which is designed to eventually eliminate cash, is moving forward in leaps and bounds...It is not hard to understand that when virtual-money replaces real cash-in-hand that personal autonomy i.e. freedom is something that would no longer exist. Absolutely every single transaction would be monitored resulting in zero privacy and loss of financial control. Each and every individual will be at the mercy of the 'cloud-managers' of the digital netherworld...On that note it is very interesting to note the name of the new mobile-payment system being rolled out this month (Sept. '12)... [is] "Isis"? Who is Isis? Here is a basic answer..."Isis" is the embodiment of the concept of the "divine feminine" which permeates many religions...the driving spirit of a world that is in absolute rebellion against the True God..." [see post]
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*Revelation 13: 16-17 'And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name' [666]
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Chase Revamps Cash Deposit Rules to Ease Money-Laundering Risks
In a bid to close potential money laundering loopholes, JPMorgan Chase (JPM) tells FOX Business it is set to roll out a new policy that requires customers who want to make a cash deposit to show identification and be listed on the actual account.It is believed that the New York-based financial giant would be the first big bank to enact such a change.
Chase tellers are expected to begin asking customers for ID when making cash deposits on February 1, but the policy is not expected to be strictly enforced until March 3, Chase told FOX Business.
“It’s an excellent idea. I guarantee other banks will follow suit very shortly -- if they’re smart,” said Annemarie McAvoy, a former federal prosecutor who now teaches anti-money laundering and counterterrorism at Fordham Law School.
“The hard thing with cash is you can’t tell where it’s coming from once it goes into an account,” said McAvoy.
--------------------------------------------------------
re: 'first big bank - guarantee other banks will follow'
While the reason offered for requiring identification to deposit cash in a Chase bank is "to close potential money laundering loopholes", that really is a very transparent excuse for what this new policy will in reality accomplish. Attaching a mandatory identification to cash deposits essentially transforms them into a digital transaction. It makes cash 'trackable'. Who what where did this cash come from Sir? How long before a form is required also, with all pertinent information so that everything is open to the prying eyes of Big Brother. All digital transactions already are - it is only cash that still remains non-controllable to the would-be 666 global-masters, and that just won't do. Sell a used car? Tell us about it. Doing some babysitting young lady? Tell us about it. In addition, the secondary requirement of being "listed on the actual account" will make it impossible to deposit cash into another person's account. Cash bad, bad bad cash, says Chase.
Cash is personal autonomy. There is only one reason to remove the autonomy of cash - which is exactly what Chase Bank has now begun to do - it is to establish draconian control over the personal lives of individuals. When cash is gone so is freedom. "Other banks will follow suit very shortly" says the Big Brother spokesperson quoted in the above article. No doubt this is true. Can't have their no-man-can-buy-or-sell cashless 666 digital-credit economic-control-system global dictatorship* unless all the 'Big Brother big banks' work together to phase out cash completely, now can they?
That digital-control-dictatorship system? - it just went to the next level. Very significant development in the scheme of things bible-prophecy related. Seeing the predicted cashless-global-economy 'coming true' before your eyes is seeing the nuts and bolts of "prophecy". Believe it or not, and believing is highly recommended, make note. Rev. 18:4
***
compare: NWO - Google, Walmart, Etc. Pushing Cashless Mobile-Payment Systems; And Isis 9-1-12 "...the NWO "smart-phone'' mobile-payment system, which is designed to eventually eliminate cash, is moving forward in leaps and bounds...It is not hard to understand that when virtual-money replaces real cash-in-hand that personal autonomy i.e. freedom is something that would no longer exist. Absolutely every single transaction would be monitored resulting in zero privacy and loss of financial control. Each and every individual will be at the mercy of the 'cloud-managers' of the digital netherworld...On that note it is very interesting to note the name of the new mobile-payment system being rolled out this month (Sept. '12)... [is] "Isis"? Who is Isis? Here is a basic answer..."Isis" is the embodiment of the concept of the "divine feminine" which permeates many religions...the driving spirit of a world that is in absolute rebellion against the True God..." [see post]
--------------------------------------------------------
*Revelation 13: 16-17 'And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads: And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name' [666]
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