Deutsche Bank Technical Glitch?

Posted: June 3, 2016 in Uncategorized

Several weeks ago there was information from a lady regarding a possible fall down scenario with a “bank glitch”. Her summation was that if we hear something about banks being down over a weekend, and a promise to come back online the following Monday, we have 72 hours to make it where we want to weather out financial collapse.

THIS IS JUST ONE BANK!

Please be advised that I am NOT advising everyone to run to the hills right now. I am, however, saying, pay very, very close attention. Deutsche Bank is reported to have about 60 trillion euros in the derivatives market. A bank failure of that magnitude would likely take down the rest of the world’s banking industry.

Here is the article, and please do be wise about your actions:

Deutsche Bank Blocks Cash Withdrawals Due to “Technical Glitch”

In what appears to be a widespread problem, Germany’s Spiegel reports that customers are unable to withdraw cash from Deutsche Bank ATMs due to a “technical glitch.”

 Via Google Translate,

A German bank spokeswoman declined to comment on the problem first.

 

But the bank finally conceded a technical glitch in online banking.

 


 

The deposits and withdrawals were partially displayed twice or not ready, the bank said.

 

“None of these payments twice shown has taken place,” it says in the statement.

 

Apparently slipped some accounts due to the alleged double deduction into the red. “I could not pay by card. By double counting our account is in the red. Also withdraw money I could not, because our credit limit is not sufficient,” wrote a user on a Facebook.

With everything that is going on, one can only wonder if desperate times have led to desperate measures… or, of course, this could simply be a “technical glitch” which just happened to occur on a Friday evening – the busiest time for cash withdrawals.

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