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rexsmith wrote:Anybody knows if the ATMs started dispensing the new Hundreds as yet?
fokhan_96 wrote:People need to realize that all these billions of new $100 notes was not printed overnight. It probably was months of planning and printing, then shipping. It is clear that only very few people knew about this. As the central bank governer said the timing is what it is. You didn't expect containers of money to be just sitting in the port waiting for a more convenient time for it to enter circulation. As to why the rush and only 2 weeks, well if fraudulent currency is in circulation they need to get rid of it as soon as possible. But if all monies are to be returned to the bank, the bank would have to check for fraudulent currency on their end ( as they normally do).
Sooo, when an individual goes to deposit his money, would the tellers have to check every single note to see if it is legitimate or would they just put it in the bill counter and not do any manual check. As was said in the news conference there are 80 billion $100 notes in circulation. How much of these is in banks already and how much is on the outside, no one knows.
fokhan_96 wrote:People need to realize that all these billions of new $100 notes was not printed overnight. It probably was months of planning and printing, then shipping. It is clear that only very few people knew about this. As the central bank governer said the timing is what it is. You didn't expect containers of money to be just sitting in the port waiting for a more convenient time for it to enter circulation. As to why the rush and only 2 weeks, well if fraudulent currency is in circulation they need to get rid of it as soon as possible. But if all monies are to be returned to the bank, the bank would have to check for fraudulent currency on their end ( as they normally do).
Sooo, when an individual goes to deposit his money, would the tellers have to check every single note to see if it is legitimate or would they just put it in the bill counter and not do any manual check. As was said in the news conference there are 80 billion $100 notes in circulation. How much of these is in banks already and how much is on the outside, no one knows.
Drug world is not the 99%maj. tom wrote:fokhan_96 wrote:People need to realize that all these billions of new $100 notes was not printed overnight. It probably was months of planning and printing, then shipping. It is clear that only very few people knew about this. As the central bank governer said the timing is what it is. You didn't expect containers of money to be just sitting in the port waiting for a more convenient time for it to enter circulation. As to why the rush and only 2 weeks, well if fraudulent currency is in circulation they need to get rid of it as soon as possible. But if all monies are to be returned to the bank, the bank would have to check for fraudulent currency on their end ( as they normally do).
Sooo, when an individual goes to deposit his money, would the tellers have to check every single note to see if it is legitimate or would they just put it in the bill counter and not do any manual check. As was said in the news conference there are 80 billion $100 notes in circulation. How much of these is in banks already and how much is on the outside, no one knows.
It does sound like a crime fighting exercise and the only way for it to be effective was a sharp, short shock. Hence all the hush and then this rapid implementation. They probably had a lot of high security meetings with consultants on the issue of counterfeit bills + the underworld drug money. It will be hard to launder all the old dirty money in just two weeks. However the drug money will still flow with the new bills. Shipments and transporters are also paid in USD, not worthless TTD.
zoom rader wrote:Your vat refund is used to support camile wigs, weave ,sperm and Shamfass phone billviedcht wrote:All this hype is probably to pick up on tax evaders. Govamint need money, and I still waiting on my VAT refund.
De Dragon wrote:eliteauto wrote:MaxPower wrote:I must say, its really touching to know that the citizens who are unaffected by this situation are so concerned with their fellow countrymen scrambling to meet the deadline.
Great job guys.
When a sufferer accuses others of suffering
MaxPower wrote:De Dragon wrote:eliteauto wrote:MaxPower wrote:I must say, its really touching to know that the citizens who are unaffected by this situation are so concerned with their fellow countrymen scrambling to meet the deadline.
Great job guys.
When a sufferer accuses others of suffering
Lmao @ DeFagon,
Its how u standing up in line with yuh lil few hundred begging for the bank to ask you source of funds just to feel important hahahahhahaha
*KRONIK* wrote:20191210_101208.jpeg
Carbon12 wrote:*KRONIK* wrote:20191210_101208.jpeg
I hear it have a limited edition $100 note only 1 million printed with an AV logo next to the rig in the front, c if is one of those.
matr1x wrote:MaxPower wrote:De Dragon wrote:eliteauto wrote:MaxPower wrote:I must say, its really touching to know that the citizens who are unaffected by this situation are so concerned with their fellow countrymen scrambling to meet the deadline.
Great job guys.
When a sufferer accuses others of suffering
Lmao @ DeFagon,
Its how u standing up in line with yuh lil few hundred begging for the bank to ask you source of funds just to feel important hahahahhahaha
Is that kind of battyman behavior that makes us think that pnm supporters are pipe takers
rexsmith wrote:someone told me that RBC told them you need to have an account to change the old $100 notes.
is this true?
zoom rader wrote:Reports of PNM ppl bandits lurking outside of banks?
zoom rader wrote:Reports of PNM ppl bandits lurking outside of banks?
dogg wrote:-
So are ATMs dispensing the new bills? anyone knows?
Phone Surgeon wrote:No. Only 20s and maybe 50s
No 100s at all for atleast 2 weeks according to fcbdogg wrote:-
So are ATMs dispensing the new bills? anyone knows?
Phone Surgeon wrote:No. Only 20s and maybe 50s
No 100s at all for atleast 2 weeks according to fcbdogg wrote:-
So are ATMs dispensing the new bills? anyone knows?
bluefete wrote:RBC said the same thing.
BTW - if you are not a customer of RBC and Scotiabank, do not put God out of your thoughts and go to them expecting any $10,000.00 "exchange". They will run your rass right out of the bank.
I think the other banks will do the same. Plenty fake news out there even from the establishment.Phone Surgeon wrote:No. Only 20s and maybe 50s
No 100s at all for atleast 2 weeks according to fcbdogg wrote:-
So are ATMs dispensing the new bills? anyone knows?
redmanjp wrote:so if someone show up with $10000 to change d bank checking each note one by one to make sure it legit?
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