Cashless society

[divs4ever]

We are sharing similar stories here, so:
Can anyone recommend any Australian bank which DOES NOT do these bull****

well i use Heritage , but then i don't take out large amounts of cash ( since i bought this farm )

MQG proved to be a bunch of A-holes , but i knew that before i bought their shares in 2011 ( extremely glad i don't bank there or use their trading platform in hindsight )

 

[farmerge]

Now they make people feel like criminals for having cash. While the real criminals use the cashless system.

https://www.news.com.au/finance/business/banking/disgusting-commbank-threatens-to-close-account-unless-customer-explains-why-he-has-cash-at-home/news-story/5bc4c4c06a4908d51c297f845b68a109?amp

Just perhaps te CBA has hit on the wrong person here. Not just a minnow is LC and no doubt has a bit more clout to take on CBA than the guy in the street!!!!

 

[Craton]

Now they make people feel like criminals for having cash. While the real criminals use the cashless system.

https://www.news.com.au/finance/business/banking/disgusting-commbank-threatens-to-close-account-unless-customer-explains-why-he-has-cash-at-home/news-story/5bc4c4c06a4908d51c297f845b68a109?amp

Talk about not doing due diligence before the harrassment.

I'm assuming it's our federal govt. getting tough on the crims via Austrac without, as per normal, thinking this through just a tad more. You know, so innocent "targets" aren't targeted and given the nth degree without just cause.

Good on you Louis Christopher for posting and making this public.

 

[Garpal Gumnut]

Not me. My bank gave me the third degree when depositing a measly $8000 into my business account. they wanted to see my drivers licence, and asked why I was banking cash.

I'm starting to think that I'd be better off with a safe and not worry about the bank. No earned interest, but I could start paying all my bills with cash. I have a few retired customers that do that, they take all their pension out and pay all their bills with cash.

gg