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Their point is that depending on the type of non-cash transactions that if the banks are closed, internet is down, etc — banks and related methods of transferri
by O__________O 4y ago
Their point is that depending on the type of non-cash transactions that if the banks are closed, internet is down, etc — banks and related methods of transferring funds are on hold or not possible until banks reopen.
Recently happened to be in a bank and teller randomly mentioned that they had just updated their systems and if internet goes out they are no longer able to do any transactions, including distribute cash.