NMP2017 Posted September 27, 2020 Report Share Posted September 27, 2020 Now this could be interesting if Warka's name is part of it! Remember that the CBI has ALREADY been working to rehabilitate Warka since 2015! 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted September 28, 2020 Report Share Posted September 28, 2020 Maybe or maybe not....this bank will collapse once it revalues...everyone will rush to remove their money..no win situation here Quote Link to comment Share on other sites More sharing options...
NMP2017 Posted September 28, 2020 Author Report Share Posted September 28, 2020 (edited) I have always thought that when Warka re-opens they will put limits on how much can be withdrawn to prevent an outright run on the bank...as they did before being placed in guardianship. And we have no idea HOW much Warka has made with our money while under guardianship. Ya gotta know our money wasn't just sitting the doing nothing. Also, Warka and the CBI both have continually said Warka has enough money to cover all deposits. But yeah, sooner or later I'd think MOST people would have removed all their money. I know mine will be,,, Another translation I read says "reform paper: implementation or closure" instead of repair paper: implementation or lockdown", so maybe we will know one way or another,,,warka opens or warka closes for good,,,, I'm hoping for "warka opens",,, Edited September 28, 2020 by NMP2017 1 Quote Link to comment Share on other sites More sharing options...
DoD Posted September 28, 2020 Report Share Posted September 28, 2020 1 hour ago, NMP2017 said: I have always thought that when Warka re-opens they will put limits on how much can be withdrawn to prevent an outright run on the bank...as they did before being placed in guardianship. I’ve had a Warka Bank account for many years an they have always had a daily limit on how much Dinar you could take out. When my credit card was operational I think it was 10,000. So I think Warka Bank will act like every other bank in the world an have a limit on a daily withdrawal. 1 Quote Link to comment Share on other sites More sharing options...
NMP2017 Posted September 28, 2020 Author Report Share Posted September 28, 2020 DoD, they had a limit of $10k on wire transfers from Warka to other banks too,,,that's what I was referring to,,,sorry I should have been clearer,,, Quote Link to comment Share on other sites More sharing options...
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