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Nalezeno "deposits": 591

Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits


In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...

Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000


The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...

Fantasy Sports Giant Fanduel Now Accepts Bitcoin Cash


The second-largest fantasy sports provider Fanduel has revealed customers can make deposits on the platform using cryptocurrency. Fanduel members can now top up their accounts with BCH or BTC via the digital currency payment provider Bitpay. Also Read: More Than 70 Projects and Applications Built...

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits


Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

S Korean Exchange to ‘Boost Restrictions’ on Deposits, Withdrawals


South Korean cryptocurrency exchanges could be set to police their customers more thoroughly, as platforms in the country look set to fall in line with regulatory pressure. Per ZDNet Korea, the Korbit exchange says it will “strengthen its restrictions on deposits and withdrawals through Fraud...

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