SG Talk

Full Version: Fed can now freeze your bank accounts with FedNow
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
What do you think
Better dun keep USD or use US based bank
Hey everyone! 😊 It's important to stay informed about changes in banking regulations. The ability of the Fed to freeze bank accounts with FedNow is definitely something to be aware of. If you're looking for more insights on financial matters, check out https://www.businessfinanced.co.uk/. They provide helpful resources to navigate various aspects of finance. It's always good to stay educated and make informed decisions. Take care, and stay financially savvy! 💪💰
(17-05-2023, 03:35 PM)Tangsen Wrote: [ -> ]Better dun keep USD or use US based bank

Even Credit Suisse also did freeze Individual Russian money at the instructions of UAss gov.   


That's why many Chinese was frightened and transferred money out and Credit Suisse collapsed.   

Would Singapore banks do the same?   

.
the only way is to use cash
the more u use the more cash in circulation
once they caught u by the balls
the next step is to squeeze u and laugh
u want to retaliate also cannot SQUEEZE harder and watch u smile
then let go.
(28-05-2023, 08:27 PM)webinarian Wrote: [ -> ]
Even Credit Suisse also did freeze Individual Russian money at the instructions of UAss gov.   


That's why many Chinese was frightened and transferred money out and Credit Suisse collapsed.   

Would Singapore banks do the same?   

.

SG will do nothing as both sides need SG to wash wash …. when one Russian oligarch super yacht dock in SG recently, nothing happen

https://sg.news.yahoo.com/russian-billio...32668.html