Disillusioned By The Cyprus Crisis? There Is An Answer Out There

SYDNEY - March 27, 2013 - PRLog -- The Cyprus bailout crisis is making headlines around the world. The 10-billion euro ($12.8 billion) deal heralds a huge turning point in the EU and for the Euro. Under the terms of the bailout, Cyprus Popular Bank, the 2nd largest lender will be shut down and its accounts of under 100,000 euros combined with those of the Bank of Cyprus. Accounts with 100,000 euros and more at both banks will be frozen, with depositors, many of them wealthy foreigners, likely to lose much of their investments. Government officials have estimated big depositors could now face loses of up to 40 percent.

Maria Benaki, who runs a family silverware business on Nicosia's biggest shopping street, said she had not had a customer in days. "The situation is dire," she said. "What will happen at the end of the month when I need to pay my bills?"

Sydney based Technocash Limited gives you the opportunity to keep funds safely in Australia and away from potential future Eurozone bank deposit taxes. The Technocash system offers accountholders the ability to hold cleared funds in their own Technocash Account. For more information about helping to protecting your funds, contact Technocash at marketing@technocash.com or http://www.youtube.com/watch?v=Lyam4Wlczk0 today.



Help Stay Afloat With Technocash

A first attempt at a bailout deal collapsed when the Cypriot parliament rejected a proposed levy on all deposits, large and small. No one was safe. That proposal outraged ordinary Cypriots, leading to queues at bank cash machines and protests. The central bank has imposed a 100-euro daily limit on withdrawals from ATMs at the two biggest banks to avert a run.

If you feel there is not a way out, never fear. Technocash understands the crisis you are in. Technocash Accounts support over a dozen major currencies in the one account including GBP, AUD, JPY and EUR. Simply apply online then wire your funds into your Technocash Account. If you want to reduce bank fees, charges and monthly fees or simply hold your funds in a more stable currency until things settle, opt for one of Technocash sophisticated financial accounts.

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Help protect yourself today and gain back more control. The option to handle international payments with privacy and confidentially ensures businesses worldwide benefit from using the Technocash system in safer Australia.

With over a decade of experience in the industry, these experts offer their clients the opportunity to hold, use and convert funds in over a dozen currencies in their own online account. To learn more today and avoid “Cyprus bank deposit” taxes, contact Technocash at marketing@technocash.com visit http://www.technocash.com/pages/foreign-currency-accounts... today.