Original headlines and post here

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Following on from those headlines, more now from DJ:

  • While banks in China have suspended some interbank transfers and other systems for several days, the move only covers some Internet transfers and those for small amounts, according to a statement on the People’s Bank of China website.
  • Meanwhile, state-run Beijing Times said customers can still conduct small-scale transfers via ATMs.
  • On Sunday, Forbes reported (in a somewhat over the top fashion) that Citibank had halted bank transfers for three days. However, the central bank had flagged the move earlier this month, saying the move was due to system maintenance and would occur once a month for the rest of the year.

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Added … the saga continues here: More still on cash transfer in China … No, There Is No Stoppage Of Cash Transfers In China