Tuesday, November 19, 2024

TIDBIT FROM FNU LNU , 20 NOV

  Fnu Lnu 

 When it comes the issue of money transportation to and from the bank at exchange time, any thinking person would already have their currency in a safe deposit box, so when the time comes, you transport your currency a matter of feet, within the confines of the bank, with armed guards standing by.

 Or better yet, and far more intelligent, have your currency in a depository

Then you hold an SKR ( Safe Keeping Receipt) which you present to the depository and THEY transport your currency to the bank.

 You can also have arrangements made with the bank where you can present your SKR to the bank manager and he will summons the currency from the depository.

 This armored truck, escort business is just plain silly...I have my currency in a depository and I hold an SKR. 

The buyers have their payment for my "Private Contract" sale, deposited into a COLTAF account, and when the big event happens, I do nothing at all. I just check my bank account online to make sure the amount is proper. BTW...there is still time to take your currency to the bank and put it in the safe deposit box.

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