Warning: Your Money in the Bank is Not Yours 

Do you know what you signed up to when you ‘deposited’ your money in the bank 

(Shared in the thread below 👇🏻 ) 

Well first is it is not a ‘deposit', it is a ‘loan’ to the bank. And not all ‘loans’ get paid back 

Here are 6 other shocking truths about your money, written into the banks terms & conditions:

(No. 4 is the MOST shocking) >Permission to Lend Your Funds

“The bank may lend deposited funds to other customers or businesses, subject to regulatory guidelines.”

This is “fractional reserve banking,” where banks lend out a majority (90%) of the money deposited to earn interest on ‘your' money