A branch of UBS Bank, located at Tellplatz 12, Basel, Switzerland, gave a written notice to a Depositor today explaining why they CANNOT GIVE HIM HIS WITHDRAWAL: "Liquidity Challenge."
Yes, you read that right: The largest Bank in Switzerland told a Depositor IN WRITING, they cannot give him his withdrawal due to "Unforeseen liquidity challenges."
The Branch involved is shown in the Google Street-view image above.
Here's the letter:
As most readers already know from prior stories this week, UBS is the largest bank in Switzerland, and the largest PRIVATE BANK in the world.
For them to have "unforeseen liquidity challenges" is a staggering admission!
Worse, I am told, but have yet to confirm, that another Bank Customer of UBS was told today that he, too, could not get his money, and that he should "try in 3 weeks."
UBS has banking branches in many, MANY, countries around the world. One wonders if this "liquidity challenge" will affect the branches in all those other countries as well?
Do __you__ have money in that bank?
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