New hold on US Dollar cash deposits

bob saunders

Platinum
Jan 1, 2002
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I do not where the cash goes.... but try walking into a bank and asking for $5k US... they won't have
I have seen their float as low as $1k...

The cash gets pulled to somewhere, not sure where
buit it's not in your local branch... even that $5-10k you deposited last week
That may be accurate for some bank but I know the BHD in Jarabacoa has quite a bit of US dollars on hand most days. I have withdrawn up to 3000 at a time several times lately. I also see quite a bit of Dollars being deposited.