is this theft ?
 

is this theft? BBC News - Shock in Cyprus as savers face bailout levy this just shows the audacity of goverments and banks.i think this is pure theft .so now its not worth saving anything or getting a pension because the goverments and banks will just steal it off you.i can see europe in flames in the summer.

Re: is this theft ?
 

No where near theft compared with the amount of server space you steal off AccyWeb with your strange posts.

Re: is this theft ?
 

The levy doesn't officially take place until tuesday, but the scumbag bankers and politicians are limiting electronic transfers. What slimeballs; slicker than snot on a doorknob.

Re: is this theft ?
 

why is it strange,could this be a blueprint to do the same in this country.so its alright to follow all the rules save up for a rainy day and then these scummy slimeballs steal your money. to keep quiet would be strange.are you a secret banker:confused:;)

Re: is this theft ?
 

It looks like theft to me

Re: is this theft ?
 

The bank rate has been at 0.5% for a while now.

The Bank of England is considering reducing it to below zero.

Paul Tucker: Bank chief raises the prospect of a base rate BELOW zero in bid to kickstart spending | Mail Online

....the banks would then need to charge savers for 'looking after':rolleyes: their money.
....which sounds like a variation on the savings tax inflicted on Cypriots.

Re: is this theft ?
 

I don't think it does, they would just be charging you for the service they provide.

Re: is this theft ?
 

Don't think Less is a banker but you're certainly an ham shanker:rolleyes:

Re: is this theft ?
 

According to what I have read, if the BOE do go into a negative interest rate...savers will not be charged, but the users of other services might be.

I don't get it.......I give the bank my money to hold for me.......they lend it out at an interest rate well above what they give me for saving with them..........but yet they want to charge for a current account.....but give me lots of 'perks' that I will never use and do not require....how does that work out?

Re: is this theft ?
 

Yer being ripped off Margaret,thats how it works,always has.

Re: is this theft ?
 

Theres no way I'd ever save in a Bank cashy, mind you I haven't got any these days but if I had it certainly wouldn't be entrusted to any bank

Re: is this theft ?
 

Well, no Cashy I'm not ,because I won't sign up for one of these 'modern' current accounts........but each time I go into the bank they tell me that my account is an 'old fashioned' one....I tell them 'it's like me then!'

Re: is this theft ?
 

Splendid, thats exactly same as me, but never having been one to waffle much,i just say a loud NO.:D

Re: is this theft ?
 

:D:D:D:D lol anyway youve gone up in my estimation for your stanley programme thread,,:mosher:

Re: is this theft ?
 

Thing is Cashy...we are of the same era:)