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This is a question Banks

Your Ginger Fuhrer froths, "I hate my bank. Not because of debt or anything but because I hate being sold to - possibly pathologically so - and everytime I speak to them they try and sell me services. Gold cards, isas, insurance, you know the crap. It drives me insane. I ALREADY BANK WITH YOU. STOP IT. YOU MAKE ME FRIGHTED TO DO MY NORMAL BANKING. I'm angry even thinking about them."

So, tell us your banking stories of woe.

No doubt at least one of you has shagged in the vault, shat on a counter or thrown up in a cash machine. Or something

(, Thu 16 Jul 2009, 13:15)
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My concern is...
...what happened to George Jung. Although, his actual money was held in Panama.
What would happen if Panama fell over (civil war, revolution, revocation of the specific instruments you are using, nationalisation)? How would you guarantee control over the HSBC account which theoretically has no owner?
(, Mon 20 Jul 2009, 4:29, 1 reply)
fair play
though any investment is about acceptable risk. there is a lot of US money invested in panama, and the yanks have shown in the past that they aren't scared about protecting their interests even militarily. That and shipping are the only games panama have going, so they'd be shooting themselves in the foot. Is it more or less safe than Northern rock, for instance? Anyway, I shift most of the money to Luxembourg and other places in chunks to minimise forex costs, which can bite if you're spending US dollars in england
As for my company account, I am the signatory, The foundation owns the shares, so if it disappeared in a coup I'd still have access to the money and be able to trade. I am the named "protector" of the foundation so am authorised to act on it's behalf. There may be some issues with our accounts, though.
(, Tue 21 Jul 2009, 0:45, closed)

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