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Banks Stopping ACH Payments and Interrupting Onlline Transactions to Create 'User Fees'

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Bank Payment Processing Outages Highlight Risks of Relying on Electronic Banking

 

Note well that this latest incursion into banking is a CONSEQUENCE of the banking industries ‘no  holds barred’ approach to improving banking profits which will incur new FEES from banks for creditor not receiving payments. Why might you suppose there are LATE fees assessed by companies for delayed or non payment transactions? Remember, If you are late FOR any reason, you pay the freight.

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.

Banks have been playing with the rules since the Time of President Andrew Jackson and it hasn’t gotten any better nor will it as we move further into the last days. The Federal Reserve System is a glorified criminal enterprise designed to take advantage of depositors at every opportunity including ones the bank ‘invents’.

A precise cause has not been disclosed, but the problem is almost certainly in the backbone of the banking system itself because people experiencing issues were unable to resolve them by going to their local branches.

Now you begin to see why the banks wanted total control over the industry and thus got the Federal Reserve Act passed during Christmas Recess in 1913. This is simply a small preview of the biblical prophesy of Rev 13. Now it is just generating new money fees and penalties for being overdrawn etc but the time will come when they will have total control over what you buy and sell.  No one can help you but the LORD but only those who live according to his precepts will survive.

Expect some kind of financial collapse in the near future because Lev 26 talks about breaking the ‘pride of our power’, part of which is our reserve currency status. And the country is determined to keep following all of the abominations the Lord has warned of so we have guaranteed our own demise..

 



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