In this recent economy we have witnessed some hardships financially and many other aspects now coming to say there is no money in the bank how possible is that can you imagine saying the river has no water? We are in the new year now huge sum of money have been signed by the government for projects but in a very short time they suddenly come out to say the country is running out of funds the country needs to borrow money from other countries the money signed in your own country where are they what is the duty of the bank in your country imagine a bank giving you the maximum amount you as a the account owner can withdraw from your own account sometimes I just feel like the bank isn't a safe place any more.
Come to think of it what if someone has a very serious score to settle for example someone who has health issue and needs money urgently then you go to the bank and they tell you there is no money in the bank for now so where does the bank want people to save their money if the bank at some times can be this disappointing should we go back to the system as at the old days where you bury your money or put them in your ceiling for safety please it's no joke anymore banks should try to be reliable as to gain trust from customers because many people are not comfortable with this system
I don't know what country you are from, but the country I live in has a lot of the problems you point out. Keep as much money as you want in the bank, but you have to face many problems while withdrawing. Many times the money cannot be withdrawn due to a malfunction in the bank's system. In case of emergency, chances are high that you will not get money in the bank and often you have to face problems due to rush, because our system is such that people are withdrawing money all the time. There are often long queues outside banks and ATM machines.
It is difficult to go back to the system like old days but banks should try to improve their system as much as possible. However, the necessary money should always be already available at home, because in case of emergency, you may face failure from the bank. People are not satisfied with the system because they have to go through painful steps to withdraw their money. The bank system is running on our money and yours, but the account holder has no value. We keep money in the bank under compulsion, because we have no other safe way.
We face alot when it comes to withdraw your savings in the Bank , banks also run out of cash ah times but isn't and never will it be possible that there's no cash in bank there may not be enough cash for your demands you want to withdraw at the particular moment.bank as it own problems with customers ,the cashier can even utter a word you will be very annoyed with unto your savings money you want to withdraw.