Pictures From A Cyprus ATM Line

Tyler Durden's picture

For a few days, the people of Cyprus were calm, quietly and orderly accepting the unreality of the levy being imposed upon them - incredulous that it was even possible. As we reach the 4th day of bank closures, amid rolling rumors and ECB threats, it appears the people have reached a tipping point as this series of images from Cyprus ATM lines indicates - the bank-jog has arrived. When will it become a full blown sprint?

 

It appears the catalyst for this latest move is the ECB threat and EU concerns over the future of the two biggest insolvent banks: As AFP reports:  EU calls on Cyprus to set capital controls and merge 2 biggest banks Laiki and Bank of Cyprus.

  • *EU WANTS CYPRUS TO ADOPT MEASURES BEFORE BANKS RE-OPEN, ANSA
  • *EU WANTS CYPRUS TO ADOPT MEASURES TO STOP DEPOSIT FLIGHT: ANSA

 

 

Via @Imeldaflattery

 

Via NYT

 

Via Sigma Live

 

 

 

Via @janinel83

 

 

Via @jkozakou

 

 

Source: Twitter and Fred

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fonzannoon's picture

They look pretty calm.

BAAAAAA BAAAAAAA

Dr. Richard Head's picture

Counting bodies like sheep to the rhythm of derivatiives.

Safe from savings and labor and joy and other poisoned devils, saying they don't give a fuck about you like the EU.

Pladizow's picture

Not many PM owners in those lines!

Wait, no, is that..... MillionDollarBonus in line?

nope-1004's picture

Those are lines of people waiting to DEPOSIT money back into the bank. After all, they know this is a crisis and they are doing their part to help out the national banks.  It's the weak-kneed libertarians with closed minds, like those on ZeroHedge, that are not seeing the real thing here in these pictures.

-MDB

 

 

Sorry.... just had to.

 

Say What Again's picture

I was expecting to see hot chicks in teeny-Bs

http://www.teenyb.com/

Haywood Jablowme's picture

Time to roll out the hot dog stands again.  Opportunitays be all around me.  BOOM! BITCHEZ

francis_sawyer's picture

I'll translate those signs for you... They say...

~~~

FREE SPIDERMAN TOWELS!

redpill's picture

Didn't these ATMs run out of cash days ago?

Relax and have another gyro there's nothing left to wait for.

kliguy38's picture

gives new meaning to counting sheep

Spirit Of Truth's picture

I presume the definition of "bank holidays" will soon be extended to cover closing ATMs as well.  Wonder what the daily cash withdrawal limit is?  People have likely been making this pilgrimage to ATMs a daily occurrence.  Seriously considering withdrawing every penny I have on deposit today before the contagion begins...

mayhem_korner's picture

 

 

I think I'm going to stand in one of those lines, carrying an industrial-grade drill bit and a black bag marked "danger - explosives".

mr_T's picture

US BANK HOLIDAY...announced by VP and the honorable MF Corzine...I pitty us fools.

 

https://www.youtube.com/watch?v=d-cLZai63GA

 

 

boogerbently's picture

How long would it take you to withdraw your entire life savings/401 from the ATM at $2-300 limit per day ?

killallthefiat's picture

I must have missed the memo.

 

"Twitter"="Shovels"

"Facebook"="Pitchforks"

Spirit Of Truth's picture

Cyprus Popular Bank imposes 260 euro per day limit on ATM withdrawals -

fourchan's picture

it depends, on weather i brought my slege hammer or not.

so far im not seeing any sledge hammer owners.

mayhem_korner's picture

 

 

Why aren't these folks waiting for the brink's truck to come by and 'replenish' the ATM?  I suspect one could barter their way to an override of the daily limit with a reasonable stipend to the driver to look the other way...

N. B. Forrest's picture

Sucks to be these bastards, however when I see the same thing in Greece, Spain and Italy, then I'll know that the shit really has hit the fan.

Richard Chesler's picture

The waiting would be more tolerable if lampposts were decorated with banksters.

 

francis_sawyer's picture

They used the last bit of previous existing customer account money to buy more Spiderman towels to give out to the expected surge of NEW account customers...

~~~

Edit: What's with the fucking 'junks'?... Is fucking Spiderman 'Hebrew' or something?

LFMayor's picture

I think you may have some perma-fans.  You smacked their little pee pees and it's a good mad and they're going to run with it.

francis_sawyer's picture

I don't even need 'ON STAR' to figure out when kito is on 'the Hedge'...

Panafrican Funktron Robot's picture

Honestly, whenever I see Kito post, I immediately think of Kato Kaelin.  

francis_sawyer's picture

Instead ~ I think of Jos A Bank & Men's Wearhouse... [Buy one get '7' FREE promotions]...

~~~

kito doesn't adhere to the Tyler Durden wisdom... KITO 'actually IS' his khakis...

walküre's picture

No problem.. if it fails the Cyprus National Bank has a DEPOSIT PROTECTION SCHEME for all those peons with less than 100k in their accounts.

They just can't find 7 billion Euro to satisfy the EU request to trigger the bailout but they will have enough to cover that fraction of 30 billion in deposits which is the small fray. Really?

Cyprus will reopen and pay out in new money which will have devalued at least 50% to the EUR by then. Bank run will happen either way and the more the peons withdraw, the more the value will drop. Case closed. This is how its done everywhere.

Ghordius's picture

let me guess... this would make Cypriots happy?

anyway, +1 for describing correctly what an exit would look like

Catequil's picture

it is not the ATM line-ups that will rock the boat, rather than the wire transfer orders that build up waiting for the reopening on Tuesday...

 

The Big Ching-aso's picture

Cyprus ATM?............

 

Automated Trickle Machine

 

 

 

 

dumpster's picture

run out of cash .. lol   the minions just keep putting more in

Agent P's picture

From the pictures, I thought it translated to "Apple Store".

Divided States of America's picture

The time is coming soon...although there is no violence yet from the pics, you can tell people are animated or in disbelief of whats going on....as long as there is still money in the ATM machine...I am surprised there still is money in the ATMs though unless they limit the withdrawal to 200 bucks a day or something...enough to buy food for one day

Key-Rick's picture

ATM machine =

Automated Teller Machine machine. 

pods's picture

Do I need my PIN number to use an ATM machine?

pods

Big Slick's picture

Not if you're from south of the Rio Grande River

Kirk2NCC1701's picture

Now you might have to use your "SIN number" also.  ;-)

Zero Debt's picture

I suggest you try the PI number.

XitSam's picture

ATMs have eliminated bank teller jobs. -- Obama

Non Passaran's picture

Right, and if he said AT machine, you'd come up with some other shit.

Whatever.

Master Chef's picture

$200 just enough to buy food for one day? you must have a healthy appetite... or only eat in restaurants. Can I come to your house for lunch?