From: shamrock@netcom.com (Lucky Green)
Date: Sun, 30 Jul 95 16:08:35 PDT
To: cypherpunks@toad.com
Subject: Re: Zimmermann legal fund
Message-ID: <199507302305.TAA16631@bb.hks.net>
MIME-Version: 1.0
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In article <199507302224.PAA10093@blob.best.net>, jamesd@echeque.com
("James A. Donald") wrote:

>Many years ago I obtained a US account by mail
>from overseas, using cheques made out to me from 
>US sources.
>
>I did this with the bank of America.  No big problem.  But as
>time went by, their ability to handle financial events that were
>out of the ordinary deteriorated spectacularly.
>
>Perhaps this is partly because things tightened up, but
>it is also that most US banks have developed a monolithic 
>and obstructionist bureaucracy that is incapable of handling 
>any event that is out of the ordinary.

Six years ago, you could walk into a Bank, show them your driver license,
and open an  account.
Today, you need several pieces of ID.
Three years ago, you could withdraw money from your own account without
having  your checkbook on you.
Today, they make you pay for a "counter check".
One year ago, you could walk into a bank an cash a check drawn onto an
account at the very same bank.
Today (Coast Federal), they make you pay a $10 check cashing fee.

The US banking industry has gone to the dogs. The day a non-US bank offers
an account that can be accessed over the net will be the day I close my US
accounts.

- -- 
- -- Lucky Green <mailto:shamrock@netcom.com>
   PGP encrypted mail preferred.
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