Congregations in Spain suffering an increase in banking fees since Watchtower 'seized' their bank savings

[Jack Ryan]

Remember a few years ago Watchtower literally 'siezed' all individual congregation bank savings around the world above what was needed to cover basic kingdom hall monthly expenses? 

A new March 30, 2017, BOE letter has just gone out to congregations in Spain, which, more or less, explains that congregations bank account funds no longer entitle congregations to reduced banking fees. (See copy of actual paragraph below.)

The letter asks "What is the cause?" Note that the very next sentence does not actually answer the question but rather makes a general comment on what the reader already knows about the world of finance. It says "As you know, sitnificant changes have taken place in the overall financial situation." It does not explain what these changes are. It could be anything. The rest of the letter explains that 1,900 individual congregational bank acoounts, which were drained of funds, no longer qualify for zero or low fees.

As if the JWs in Spain don't have enough problems as it is.

March 30, 2017 TO THE BODIES OF ELDERS, CIRCUIT OVERSEERS AND ASSEMBLY HALL SERVANTS THAT HAVE ACCOUNTS IN BANCO BBVA Re: New Agreement with BBVA for 2017

y en español:

30 de marzo de 2017 A LOS CUERPOS DE ANCIANOS, SUPERINTENDENTES DE CIRCUITO Y SIERVOS DE SALONES DE ASAMBLEAS QUE TIENEN CUENTA EN EL BBVA Asunto: Nuevo convenio con el BBVA para 2017

March 30, 2017 TO THE BODIES OF ELDERS, CIRCUIT OVERSEERS AND ASSEMBLY HALL SERVANTS THAT HAVE ACCOUNTS IN BANCO BBVA Re: New Agreement with BBVA for 2017

30 de marzo de 2017 A LOS CUERPOS DE ANCIANOS, SUPERINTENDENTES DE CIRCUITO Y SIERVOS DE SALONES DE ASAMBLEAS QUE TIENEN CUENTA EN EL BBVA Asunto: Nuevo convenio con el BBVA para 2017

CONDICIONES DE SERVICIOS BANCARIOS PARA TESTIGOS CRISTIANOS DE JEHOVÁ

HQ getting a kickback from the bank for having all congregations using the 1 bank, while congregations are paying the fees? just a thought