A new outbreak of disputes around a secret CIA prison, which existed in the north-east of Poland in 2002 -2003 years, has broken out in the US and Poland. US journalists have found out the terms on which Warsaw had agreed to take part in a dubious operation. In fact, Washington paid in cash for the willingness of the Polish authorities. What might seem to be a forgotten story involving a secret CIA prison in Poland has again surfaced thanks to the journalists of “The Washington Post”.
JP Morgan Chase says news reports circulating on the Internet that the bank is exerting new capital controls on certain bank accounts are an overreaction to a "streamlining" and "derisking" process Chase says has been underway for several months.
JP Morgan Chase has notified his US clients that as of November, 17 the bank will limit all cash transactions and will prohibit all outgoing international bank wires. Doctor Eike Hammer from Hannover, the publisher of "Wirtschaft Aktuell", a newsletter providing data on political and economic developments in Europe, joined VoR for a more in-depth discussion.
JP Morgan Chase to limit cash withdrawals, prohibit all outgoing international bank wires, bank officials say
A tired German bank employee who dozed off at his desk accidentally transferred € 222,222,222.22 to a client, BBC reports.
Israel has resumed transfer of funds to the Palestinian Authority, Prime Minister Benjamin Netanyahu announced on Monday.
Russia ranks third in the world after the United States and Saudi Arabia in volume of money transfers home by migrant workers.
A criminal group that has illegally transferred more than $3 billion abroad has been exposed in Russia. The group bought and sold the stocks of leading Russian companies through offshore-registered and fly-by-night firms. Most of the illegal transactions were handled by Fondservicebank. A criminal case has been opened. RIAN
An agreement that stipulates the rules for cash transit within the Russia-Belarus-Kazakhstan Customs Union has been presented to the Russian State Duma (the lower house of parliament) for ratification. The document, which was signed last July, provides for the undeclared transfer of amounts less than USD 3,000 and declared transfers of amounts less than USD 10,000.
The Russian Financial Monitoring Service will assume control of cash transfers via ATM terminals. The maximum anonymous money transfer can be limited to 3 000 rubles. The transfer of larger sums will require bank transactions and passports, including costly purchases through the Internet. In 2010, Russians bought one billion dollars worth of goods on-line.