{"id":57707,"date":"2020-03-15T09:24:25","date_gmt":"2020-03-15T16:24:25","guid":{"rendered":"https:\/\/www.cryptogon.com\/?p=57707"},"modified":"2020-03-15T09:24:25","modified_gmt":"2020-03-15T16:24:25","slug":"a-bank-in-manhattan-is-cleaned-out-of-100-bills","status":"publish","type":"post","link":"https:\/\/www.cryptogon.com\/?p=57707","title":{"rendered":"A Bank in Manhattan Is Cleaned Out of $100 Bills"},"content":{"rendered":"<p>Via: <a href=\"https:\/\/dnyuz.com\/2020\/03\/14\/a-bank-in-midtown-is-cleaned-out-of-100-bills\/\">DNYUZ<\/a>:<\/p>\n<p><em>As the stock market was having its worst day in 30 years on Thursday, customers at a Bank of America branch in Midtown Manhattan, the financial heart of New York, were lining up to take cash out of their accounts \u2014 sometimes tens of thousands of dollars at a time.<\/p>\n<p>So many people sought huge sums that the bank branch, at 52nd Street and Park Avenue, temporarily ran out of $100 bills to fulfill large withdrawals, according to three people familiar with the branch\u2019s operations. The shortage hit after a rash of requests for as much as $50,000, said two people who witnessed the rush.<\/p>\n<p>The problem was limited to large bills \u2014 the bank\u2019s A.T.M.s stayed stocked and customers with routine transactions were still able to take out cash. By Friday morning, the bank had refilled its supply of big bills, two of the people said.<\/p>\n<p>But the desire for cash persisted: A teller at a JPMorgan Chase branch across the street said on Friday that there had been a \u201cnonstop\u201d stream of customers stockpiling cash over the past two days.<\/p>\n<p>Bill Halldin, a Bank of America spokesman, said the bank had enough cash available at its branches meet its clients\u2019 needs. \u201cWe don\u2019t keep large amounts of cash in big bills in the branches because it\u2019s dangerous for our employees and there is low demand,\u201d he said.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Via: DNYUZ: As the stock market was having its worst day in 30 years on Thursday, customers at a Bank of America branch in Midtown Manhattan, the financial heart of New York, were lining up to take cash out of their accounts \u2014 sometimes tens of thousands of dollars at a time. So many people [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,8],"tags":[],"class_list":["post-57707","post","type-post","status-publish","format-standard","hentry","category-collapse","category-economy"],"_links":{"self":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/57707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57707"}],"version-history":[{"count":1,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/57707\/revisions"}],"predecessor-version":[{"id":57708,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=\/wp\/v2\/posts\/57707\/revisions\/57708"}],"wp:attachment":[{"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cryptogon.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}