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MoD flies 1M euros emergency cash to Cyprus for British personnel

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Comments

  • spacey2012
    spacey2012 Posts: 5,836 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    How long before they wont accept Euros ?
    It has started.
    Be happy...;)
  • BlondeHeadOn
    BlondeHeadOn Posts: 2,277 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    From the news article:

    "An RAF plane carrying 1m euros is flying to Cyprus from Britain as a contingency measure to provide military personnel with emergency loans, the Ministry of Defence says.

    The move comes after a controversial one-off levy of up to almost 10% on savings in Cyprus was announced.

    The money will be used for British personnel and their families if cash machines and debit cards stop working."
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I just LOVE the fact that it's actual cash, on an actual plane.

    Not sure it would go down too well with other cypriots though if they can't access cash but the british personnel can. However, I guess it's all part and parcel of looking after those serving us.
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    Graham_Devon wrote: »
    Not sure it would go down too well with other cypriots though if they can't access cash but the british personnel can. However, I guess it's all part and parcel of looking after those serving us.

    Oh I don't know. If the recipients are anything like the service personnel I know the money will be in the economy very very quickly!
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    edited 19 March 2013 at 4:50PM
    Graham_Devon wrote: »
    I just LOVE the fact that it's actual cash, on an actual plane.

    Not sure it would go down too well with other cypriots though if they can't access cash but the british personnel can. However, I guess it's all part and parcel of looking after those serving us.

    flown a lot more than this on my person before. I have a picture from the old days in Iraq when we were flying cash in to cover Iraqi cash held as part of the sanctions. I thought 4 pallets of 100 dollar bills 1.5 metres high was a lot of money until I saw that diagram explaining what the USA deficit looked like.

    Just for reference, you can carry a million dollars quite easily in a medium sized briefcase.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    wotsthat wrote: »
    Oh I don't know. If the recipients are anything like the service personnel I know the money will be in the economy very very quickly!

    Can think of better ways of spending my cash than down limarsehole.
  • Graham_Devon
    Graham_Devon Posts: 58,560 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    PaulF81 wrote: »
    flown a lot more than this on my person before. I have a picture from the old days in Iraq when we were flying cash in to cover Iraqi cash held as part of the sanctions. I thought 4 pallets of 100 dollar bills 1.5 metres high was a lot of money until I saw that diagram explaining what the USA deficit looked like.

    I suppose were just so used to electronic banking now, actual cash actually being flown and taking time to reach somewhere is a bit of an alien world to most of us.
  • PaulF81
    PaulF81 Posts: 1,727 Forumite
    Graham_Devon wrote: »
    I suppose were just so used to electronic banking now, actual cash actually being flown and taking time to reach somewhere is a bit of an alien world to most of us.

    Nothing quite speaks volumes like lots and lots of worthless printed paper Graham. I would have thought you above everyone would appreciate that!
  • ChiefGrasscutter
    ChiefGrasscutter Posts: 2,112 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Any chance they could take Abu Katada with them?
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Just hope some dimwit doesn't deposit in Banka Cyprio night safe or whatever for safekeeping.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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