You are viewing a single comment's thread.

view the rest of the comments →

[–] SigniferLux 0 points 0 points (+0|-0) ago 

That would only work locally though, and it probably already is. How could someone retrieve his money from a Russian bank if he is in the US, if not through a local bank?

[–] o0shad0o 0 points 1 points (+1|-0) ago 

You might have to go to Russia, use the money in that bank to buy a commodity (gold perhaps), and bring it back. Assuming there weren't export/import controls on that commodity.

You might also have to deal with a private money changer/transporter, who would tack on a hefty surcharge. (That, by the way, is how the Rothschilds started their business, transferring funds from countries with severe currency controls.)

[–] SigniferLux 0 points 0 points (+0|-0) ago 

Yeah, but that would both be inconvenient and unprofitable.