Posts Tagged ‘bank run’

Citigroup to Customers: “We Reserve the Right…”

Saturday, February 20, 2010 14:51 2 Comments

Citigroup sent this notice out to customers: “Effective April 1, 2010, we reserve the right to require (7) days advance notice before permitting a withdrawal from all checking accounts. While we do not currently exercise this right and have not exercised it in the past, we are required by law to notify you of this [...]

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