Does Lawful Money Need A Special Bank Account
No, lawful money redemption can be utilized in any form of bank account.
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Does Lawful Money Work With An Interest Bearing or Savings Account
Yes. Lawful money is the redemption of the currency used and is not based on the type of bank account.
Can A Bank Refuse to Keep My Account Open Because of A ‘Lawful Money Demand’?
No! All banks (federal, state, public) have a fiduciary responsibility to their shareholders. While there is a clause that permits the bank to close down accounts for any reason – legally they cannot exercise that option unless they are losing money ...
Why Can’t One Get Gold for My Lawful Money Demand?
Federal Reserve notes serve as lawful money upon demand, the bank will not give one any other kind of money: US Bank Notes, Gold Certificates, Silver Certificates, stamps or united States Postal money orders. Do not ask for any special form, many ...
What Countries Allow The Bulletproof Trust and/or Lawful Money Redemption
Mexico, Canada, Poland, Australia, UK have been able to create trusts. Poland & Mexico have drug trafficking problems so they do not allow trust bank accounts (thus the reason they may need to create a corporation instead). Regarding lawful money ...
What Does One Need To Open A Trust Bank Account
First, ensure the Trust Corpus and forms are properly filled out (do not sign them yet). Next, get the EIN from the IRS, online. With these materials in hand, set up an appointment for one of the following banks: Chase Bank TD Ameritrade PNC CitiBank ...