NatWest Group PC, a U.K.-based bank, is asking its customers to explain why they’re withdrawing their cash.
According to its website, the bank explained that it is taking measures to protect its clients from scams. NatWest said that, if it finds the customer’s response to its question about the cash withdrawal unsatisfactory, it will ask them to provide supporting documentation.
“Our primary aim is to keep customers safe and secure, and our branches follow our processes carefully to achieve this. This will include asking you questions about the purpose of your cash withdrawal, and in some cases, for supporting documentation such as an invoice. This helps us validate the withdrawal as genuine and protect you against fraud and scams,” the bank said on its site.
The bank added that it will block customers from withdrawing cash if it believes there’s an issue.
This is nothing, with a centralized digital currency they can invalidate your money on a whim. You tweeted something they disagree with, sorry that paycheck you received is now invalid.
h/t BoatSurfer600