Business Insider: Citigroup Warns Customers It May Refuse To Allow Withdrawals

When banks were banks, and they actually lend money they had on deposit, then of course, you had to give noticed to withdraw money. The longer notice, the higher the interest rate. But banks stopped being banks and became money producers when they began printing money from thin air, using deposits as collateral for money production, and, for the lending of money borrowed at artificially low rates via interbank lending, using the central bank manipulated LIBOR. This of course is what has caused inflationary booms, leading to deflationary busts. It has devalued our currency to the point where only slave labor in China is willing to work for it. Expect more of this. Eventually, you will need to give 1year notice, as before, and then bank accounts become, as they were, corporate bonds.