Major banks in Scotland are concerned that a YES vote in Thursdays Independence election could prompt a run on Scottish banks by customers fearful of the effect on their deposit accounts.
For the past several weeks, British banks have been moving cash to secure holding areas in Scotland, stock piling bank notes for distribution to ATMs, should a demand increase occur because of the results of the vote.
Major banks in Scotland are concerned that a YES vote in Thursdays Independence election could prompt a run on Scottish banks by customers fearful of the effect on their deposit accounts.
For the past several weeks, British banks have been moving cash to secure holding areas in Scotland, stock piling bank notes for distribution to ATMs, should a demand increase occur because of the results of the vote.
http://www.globaldeflationnews.com/scottish-independence-vote-spurs-banks-to-prepare-for-bank-runs/