Thanks to the advice of the editorial experts we will analyze the 3 cases in which it is convenient to remove money from the current account in the bank or post office. Current account holders often ask themselves questions about the safety and convenience of leaving money in storage. In the article “3 effective alternatives for those who do not want to keep money in the bank and open a current account”The editorial staff offered useful suggestions. In fact, not all those who have a current account say they are satisfied with the protection that banking credit institutions provide. There is still a great deal of distrust and above all fear of the fate of the savings that the account holder entrusts to the banks or the post office.
Some would prefer to keep cash in other places that they deem safer. For example, think of those who hide jewels, precious objects, gold and cash in safes inside their homes. Alternatively, many account holders opt for the purchase of a safe deposit box at a credit institution in which to steal the assets from the risk of theft. We will evaluate with the help of our Experts the 3 cases in which it is convenient to remove money from the current account in the bank or post office. This is to provide valid alternatives to savers who experience the storage of their money in banks or post offices with anxiety and dissatisfaction.
The 3 cases in which it is convenient to remove money from the bank account at the post office
The first smart step to take is to reduce the overall amount of money in stock to a minimum. It is advisable to withdraw the money from the account as soon as the deposit threshold of 5,000 euros is exceeded. According to the provisions of article 19 of Decree no. 201/2011 the saver who has amounts of less than 5,000 euros in stock does not pay any tax on the current account. The annual stamp duty amounts to 34.20 euros but fortunately it does not burden the wallet of the economically weaker taxpayers who have a basic account.
The second case in which it is prudent to move one’s savings elsewhere is that in which the value of the statement exceeds the inventory of 100,000 euros. This is because above this sum the account holder has no guarantee in the event of bankruptcy of the bank. In essence, if the bank were to slip into debt, it would draw resources from customers under the bail-in regulations. The last circumstance that could induce the saver to withdraw the money from the account coincides with the risk of a forced withdrawal by the Government. In situations of serious financial emergency, the government could in fact extend its hands on the savings of account holders to deal with a possible crisis. Long-term account holders have certainly not forgotten what happened in 1992 during the Amato government which resorted to taxation on accounts.
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