There are always new ideas for saving the banks, but what about the normal customers ??
According the new law, they are thinking about, it may happen that you cannot withdraw your money for 5-20 days.
It is time to think very hard, if it´s a good ides leaving your money on a bank account . . .
EU explores account freezes to prevent runs at failing banks
REUTERS schreibt am 28.07.2017
European Union states are considering measures which would allow them to temporarily stop people withdrawing money from their accounts to prevent bank runs, an EU document reviewed by Reuters revealed.
EU Proposes to Stop Withdrawals For 5-20 Days at Struggling Banks
(…) Under the plan, bank pay-outs can be temporarily stopped for five working days. The suspension, however, could be extended to a maximum of 20 days in exceptional situations.
Based on the draft, the measure is intended to help support lending banks that are struggling or are likely to collapse. (… )
It’s Your Money But You Can’t Have It:
The EU Proposes Account Freezes To Halt Bank Runs
If there is a run on the bank, any bank in the EU, you better be among the first to get your money out.
Although it’s your money, the EU wants to freeze the accounts to prevent runs at failing banks.