Banks with too much cash charge for deposits

money-2 - benjamins

Charging people to deposit? Really?

It seems an odd problem to have, this “too much cash” thing. I don’t know that most of us can relate. But it seems that in times of economic insecurity, those who used to invest in stocks are simply holding their money in banks, and now bankers are inundated with money. So what’s the solution? Charge people to deposit. Or, at least some of the people, at some banks anyway…

Continue reading… “Banks with too much cash charge for deposits”