This one is important to read in its entirety.
Something appears to be going on with some of the banks over this weekend. One member of our dinar group read to me over the phone what Chase Bank wrote to account holders so I, Sara, know it is true (see it below, though what is not written below is that the reason stated for this limitation to the account was to execute "Account Enhancements"). He called me because it seemed really odd to him (not the typical maintenance message) and it seemed really odd to me when it I heard him read from the Chase message (because the reason was so vague and the down time period was so long) but it appears to be happening at other banks as well.
Go to this link to see the evidence that it is happening with other banks (keep scrolling down to see the banks' official messages):
It could just be Basel III adjustments but the fact that it is happening to several banks at the same time is suspicious. What comes to my mind is: Are they preparing for the global re-set which could mean a switch from fiat currency to asset-backed currency? That would be a clue that the dinar would revalue at the same time.
There is an update process going on with many major banks and credit unions over the weekend, including Chase, Wells Fargo, First United Bank, CITIGROUP INC, BANCWEST CORPORATION, DEUTSCHE BANK TRUST CORPORATION, BDCU, BECU, Columbia Bank, Concord Bank, Five Point Credit Union, Kemba Credit Union, and many others.
This seems to be an industry wide update and many services will be unavailable or limited.
Each bank is a little different, but they are limiting access to accounts, funds, mobile banking, even allowable purchase amounts on debit and credit cards.
Below you'll find more detailed information from Chase, Columbia Banks and others to give you an idea of what is going on.
This statement is from Columbia Bank:
From May 3 through May 6, the entire Online Banking service at The Columbia Bank is being redesigned to give you greater access to your financial information and better financial control.
Before May 3, 2013:
Complete any of your online transfers, one-time bill payments or stop payment orders.
Friday, May 3, 2013:
After 4AM EDT, Mobile Banking will be unavailable.
At 5PM EDT: All branch offices will close to prepare for the upgrade.
At 7:30PM EDT: Bank by Phone PIN number changes, transfer of funds and stop payment options will be unavailable.
Saturday, May 4, 2013 through Sunday, May 5, 2013
Our Online Banking upgrade will begin. Online Banking transfers, bill payments and stop payments will be unavailable. Mobile Banking will be unavailable.
This is the statement from Chase Bank:
Our branches offering Sunday hours will be open as planned but will have limited access to information and services.
Account Balance: Your balance won't be updated between 11:30 p.m. Saturday and 2 p.m. Sunday on Chase Online, Chase Mobile, or at an ATM, branch or via telephone banking.
Chase Debit Cards: Your debit card will continue to work, but there may be lower approval limits on purchases.
Chase QuickPaySM, Online Bill Payments, Wires & Account Transfers: Certain functions may not be available but you can schedule future transactions.
Chase Mobile App: You can view your accounts but won't be able to perform transactions.
Account Alerts: Your Account Alerts may be delayed.
Ultimate Rewards: Rewards information won't be available. (?)