The banks tell us they're 100% Y2K ready. We have been told that they will be functioning as normal Jan. 1. This is a lie however, you see if everyone took their money out of the bank at the same time the bank would soon run out of money. Thats because the banks only keep about 25% of the money in the bank, the rest is tied up in investments and loans. If we all tried to take our money out at the same time, the banks would not be able to cope. They tell us it will be business as usual but they have a different story for big business. Businesses are being warned that all bank machines will be shut down days before and after Y2K. Get some money out now before its too late!

point taken kohain, also here is somthing that most people do not now.

we talked to our local C.I.B.C. manager about this propblem of y2k and its affects.

surprising she told us to take out 95% of our money from the bank , but not to advertise it

thats somthing to think about

Heard some yelling down the hall, a woman telling a neighbour that the bank would not allow her to close her account! I don't have all the details so I'll be paying the bank a visit tomorrow...

It turns out the banks are not letting people take out larg sums of money, they insist you take travilers checks instead. Problem with this is that if the banks were not operational who would take a check not knowing when they could ever cash it. You can still get cash from the machines for now, they let you take up to $800 per transaction.