Results 1 to 3 of 3

Thread: No physical presence

  1. 03-02-2023, 05:00 PM #1
    ynot2k's Avatar
    ynot2k
    ynot2k is offline Moderator
    Join Date
    Apr 2009
    Posts
    16,874

    Default No physical presence

    Should one feel secure using a bank that has no physical presence? No front office, no back office, no branches, no door anywhere to go through... or even knock on?

    From the CEO to the janitor (well actually they would no longer have a janitor) - everyone works remotely. Could be from a Vail resort this week to a ship in the Caribbean next week. If the firm gets into hot, or illegal, water there is no where for LEO, regulators, et all to raid to review documents, records etc.

    Yes I get that banks in general are sketchy etc. But not having a physical presence would take it to a whole new level of sketchy it seems.
    Reply With Quote Reply With Quote
  2. 03-02-2023, 07:43 PM #2
    t00nces2's Avatar
    t00nces2
    t00nces2 is online now Member
    Join Date
    Apr 2011
    Posts
    8,103

    Default

    It is likely a precursor to our future lives.
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!
    Reply With Quote Reply With Quote
  3. 03-02-2023, 09:46 PM #3
    vertical1's Avatar
    vertical1
    vertical1 is offline Member
    Join Date
    Apr 2012
    Posts
    3,716

    Default

    I try and refrain from doing business with some entity that does not have a brick n mortar....
    bad experiences 1st hand just sayn
    Thomas Jefferson is credited with writing, “When injustice becomes law, resistance becomes duty.” The seceding states in the Civil War period issued a similar declaration using the word “tyranny” as opposed to “injustice.”
    Reply With Quote Reply With Quote
« Previous Thread | Next Thread »

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Forum Rules