What will happen to the money in foreign banks after demonetizing 500 and 1000 rupee notes?
Now what will happen to black money deposited in Swiss and other banks after banning of current Indian currency notes?
Why do we tolerate the Swiss banks for not providing information regarding black money? Isn't this a national threat? Can we not make some tough decisions? What happens if a person with lots of black money in ₹500/1000 notes uses many persons' bank accounts to convert it to white? What will happen if everyone withdraw there money from the bank? In which currency do people store money in Swiss banks? What is the advantage of storing there? Is black money prevalent only in India? If not, then is there any country which has successfully curbed the black money by demonetisation? How much of demonetized money, might not come back to the banking system? If black money is being stashed abroad, and fake currency from elsewhere is entering our system simultaneously, how does it affect the economy? Does one cancel out the effect of the other? What would happen if the US stopped using money as a currency? Dollars, gold, silver, everything How much money has come into banking system till date due to demonetization of currency? What is Swiss Bank? What is so special about so that all the black money goes there? In what circumstances central banks can print money? What if the banking system gets corrupted following demonetisation? How are Indian ministers able to send large amounts of money to Swiss banks? Would anything happen to my cash in a US bank account if the US dollar crashes overnight? Does the currency ban in India curb future corruption? What actually happens when I deposit money in the bank? Indian Political parties can deposit old currency notes, just it need to be under 20,000 per deposit, is this not how black money laundering works? In what circumstances do the central banks print money? What will happen if everyone went to bank and withdraw all their money? Is money demonetisation really working for black money? What is the way to overcome the threat of payment banks by public sector banks? Which bank in the US offers accounts denominated in euros? Currency ban and its implications? What are the serious disadvantages of demonetization of currency notes in India? What would happen if all national debts were erased overnight, and sovereign borrowing was made permanently illegal? What consequences can I face If I deposit someone else money in my account? Does the currency ban in India take any steps to curb future corruption? How do I open a Swiss bank account from India? DO you think the RBI move to withdraw pre-2005 currencies from circulation will curb black money? What would happen if someone makes a deposit of 10 million USD or more in his bank account without informing the bank?