From the Publisher's Desk
December 2013

A What happened at Chase Bank (see www.iranian.com/posts/view/post/22646)
should cause all of us considerable consteration and warn all of us; "Get your money out of your country before your country gets your money out of you!" If you don't have an overseas bank account regardless of where you live or your nationality, now might be a good time to get one..... it might be your, as an American, last chance.

Throughout the 18 years PT Shamrock has been online [Arguably the Oldest & Best Privacy Provider on the Internet] we have repeatedly warned that the terrocrats who've ruined the United States and other western governments are doing everything they can to prevent Americans and others from going offshore financially.

Is this Chase bank action the beginning of "currency controls"?

What Chase Did
The Chase bank letter informed business account holders that starting November 17, 2013 they will not be permitted to send and receive international wire transfers, that account "cash activity" will be limited to $50,000 per statement cycle, including cash deposits, night drops, and ATM and cash withdrawals.

FATCA, the Patriot Act, and the IRS business crackdown have all pressured individuals and U.S. banks. The Chase action, is similar to the reaction of offshore banks that have dumped American account holders because of FATCA arcane and severe banking laws. Although FATCA has already started, full implemation will be going full tilt starting July 2014, so govern yourself accordingly.

This seemingly radical move by the largest bank on assets in the United States (and the second largest bank in the world after HSBC),
immediately produced a flurry of alarmist Internet news stories led by sensational story, which went viral after appearing on the Drudge Report.

HSBC closed a number of accounts held by UAE midsized companies and clients, causing customer dismay and anger. It was reported that HSBC's premier U.S. clients are now forced to wait five days before transferring funds to their own international accounts.

Remembering the Cyrpus banking debacle, perhaps this Chase bank policy change will soon be copied by other American banks not unlike Cyprus's punishment placed on their bank depositors... that means YOU!

Get your money out of your country before your country gets your money out of you! See ptshamrock.com/taxfree for our cornucopia of excellent offshore structures and banking opportunities at the worlds best offshore jurisdictions!

See you next issue

Shamrock

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PS - Be sure to check out our latest report "How To Legally Move Large Amounts of Assets Abroad [without any filing requirements"].

"The people never give up their liberties but under some delusion."
- Edmund Burke, 1784

To access our past missives just click here.

Click here to subscribe to our FREE privacy newsletter, PTBuzz