I'm in the middle of moving some money around and seriously considering just taking out the cash and paying a mate to transport it.
I've also noticed some weird peaks on other bank systems, all in different places: Panama, Switzerland, South Africa, and Japan.
My question is the following: Have you noticed anything? Extra traffic? Longer wait times? More failed anything? How about credit cards? Any failed transactions?
And well, I'm an engineer, I want to know why, actually I want to know if something IS actually happening or if it's just because I'm very active user and therefore more in contact with.
Cheers, keep your rifles oiled.
Slava Ukraini! Heroyam Slava!
I thought I already had Venmo so when I customer asked I said yes. Turns out I had a Zelle account. So I quickly set up Venmo. They did a business and personal account by default. I went through all the steps and Venmo said everything was working and ready.
The customer transferred me the money and boom, my account was frozen for "violating the ToS", no more explanation. They transferred money to an account Venmo said was fine. Transferring money IS their business so I thought it weird that this violated their ToS. Also weird that nothing violated the ToS until they had my money.
There is no phone number to call. Chat doesn't help.
I strongly advise not carrying around lots of cash, especially within the U.S. Legal or not, you'll be an automatic target of Civil Asset Forfeiture from corrupt police. A lot of people use Amazon gift cards. There's also always crypto.