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BMO a global Bank licensed in the US Claims my Fixed Annuity is not a Brokerage Instrument !

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BMO a Bank licensed in the US Claims my Fixed Annuity is not a Brokerage Instrument !

 

The Bank stipulates that the investment I made last year was simply life insurance and was not a brokerage investment. However, I have the document that shows what would appear to be a Life Insurance policy purchase is actually a ‘Fixed Annuity’. Why is this important?

Aside from being dishonest in developing a New World Order, it becomes necessary for existing financial structures to be redefined in order to create uncertainty and confusion to manage the planned economic decline of America. Most of this process is now centered on building ‘digital currency’ where complete autocratic control of the population is assured.

Last week, a number of American banks could not process payments for a few days, leaving some customers in a precarious financial situation as transfers and deposits failed and highlighting the risks of relying on electronic banking.

The effects of the outages were far-reaching. Many people’s payroll direct deposits failed, leaving them unable to access the money they earned. ACH payments also failed to process, which resulted in late fees. There were also duplicated withdrawals, which left many customers in a bind after their money was taken out twice for a single transaction. Between Wells Fargo, Chase and Bank of America, there were almost a million failed transactions in total. “

Remember in the managed decline of America..The’ rules are there aren’t any rules’ for the banking system oligarchs and you pay ALL fees associated with late payments or other penalties for default.

“BMO Bank, N.A. (colloquially BMO;US :) [ https://www.startpage.com/sp/search ] is an American national bank that is headquartered in Chicago, Illinois. It is the U.S. subsidiary of the Toronto-based multinational investment bank and financial services company Bank of Montreal, which owns it through the holding company BMO Financial Corporation (formerly Bankmont Financial Corporation, then Harris Financial Corporation). In September 2023, it was the 8th largest bank in the United States by total assets.

We are now making significant strides towards attaining a One World Bank !

Banks are working together under the auspices of the North American Free Trade Agreement   (NAFTA) using the Federal Reserve to develop a digital dollar to pave the way for ‘no man may buy or sell save he that hath the MARK (Rev 13). Most likely why Biden and his cohorts are financing everything that undermines the rule of law and creates massive debt because there is a lot of infrastructure that must be implemented before creating a global digital currency but the banksters are working hard to achieve it. Before you can force everyone into a new system, there must first be a demonstrated failure of the existing one, i.e. created failures in the money flow matrix but nothing truly catastrophic, just enough that you can introduce a more ‘robust and reliable system’ later.

Yes, but what has this to do with mischaracterizing an investment? Primarily it relieves the bank of service burden (as well as creating new chaos) because by changing the paradigm you will have to manage the account yourself looking to the recipient of the annuity proceeds to furnish 1099 forms and other pertinent information. Meanwhile this ‘redefinition’ of a well known function creates different market dynamics by allowing the bank to do nothing more than purchase the annuity (as a licensed broker) while the purchaser does all the rest, a definite cost-saver for the ‘new financial entity’ which can now pursue other opportunities as I have already intimated. For those readers with a greater interest see my bank analysis on https://www.sitejabber.com/users/allenw53

 

 



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