Banks Deploy Capital Controls By Stealth | Conspiracy Wire

Banks Deploy Capital Controls By Stealth | Conspiracy Wire

Following a worldwide trend towards capital controls by major banks,
the Central Bank of China has now ordered its commercial banks to
suspend cash transfers for three days and foreign currency conversions
for nine days, starting Jan. 30.

The central bank in China is scrambling for cash under the guise of “system maintenance.” Credit: Carpkazu via Wiki

Affecting every commercial bank in China, the ban will stop domestic
renminbi transfers from Jan. 30 to Feb. 2 and conversions of renminbi to
foreign currency from Jan. 30 to Feb. 7.

Citigroup recently sent the following notice for its customers in China, according to Forbes: