ATM cash limits halved - La Banque Postale - France

This time in France, apparently.

maxkeiser.com/2011/06/07/the-big … h-in-half/

Mr. Keiser betrays his ignorance of European banking. Even 1,500 a week is a pretty good limit. My guess is that it is related to fraud/criminality… apparently even the rich do it…

Markets, Finance, hype!

more like it.

Max Keiser is truly one of the idiots of the financial world.

And God knows it has lots of them :cry:

Overnight a few yrs ago the whole blogosphere became full of these so called experts…

Can’t find any discussion about it over on the French equivalent of this website:

bulle-immobiliere.org/forum/ … ive_topics

This page: labanquepostale.fr/index/guide/4.html#aPar34251 doesn’t say anything about gold cards, but suggests that one can still take out 3K per week with a Visa Premier card, if you’re using the ATM (GAB) of the Banque Postale.

Edit: On reading the ocular assault that is the jovanovic.com website, I see that it’s a planned reduction starting from August 1st.

What’s to stop “Mr cash in hand” from opening multiple accounts and using his “allowance” from each of those accounts. :angry: