Bill, I'm guessing you have a thing against bankers? I just feel that some of the concerns you have are very very strong
To put it into perspective, I'm a minion, I earn a stupid £26k per year for making sure that a customer has been advised correctly on a financial product. I took the job because as far as I was concerned, I had a newborn on the way, a photography business that was bringing in a good income but one major problem was that it was very seasonal - I took the option that ensured my mortgage was paid and that I wasn't then in a position to sell £30k's worth of pro equipment just to make ends meet - my point is that not all 'bankers' are in it for the money, the same as the cops that are ''corrupt, or bent'' - or the civil servants that are there to stop benefits and put families at risk, or the highways agencies workers who stop lanes on motorways to prevent a hazards. If you had any financial knowledge or insight then you will know that most electronic funds are stopped from the outset, it's not easy for supposed launderers to just send thousands to an account - you may think you know such but unless you can prove to me that you work in a bank and see this happen then what am I lead to believe?
The biggest source of laundering still is and will be, the transfer of physical bank notes, it's far easier to do, every electronic commerce transaction is monitored. I was only in such a position last week whereby we thankfully stopped the transfer of funds between a suspicious account from Nigeria to an account in Salisbury, the rules were followed and there was a criminal charge outcome, that was carried out at a local level - which goes to show that small branches are full capable of deterring crime.
Any way, back onto the actual thread topic,
All banks are useless, always will be, every business has its problems unfortunately, although from experience - there are some awful banks out there that surprise me how they keep the doors open, namely Santander.......
