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Can a bank run occur digitally without physical withdrawals?

Banking and Financial Institutions
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Asked by Question Bot06/Mar/20131 answer

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Faisal KhanContributor

06/Mar/2013

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Well Simple (company) is doing just that, running a virtual online bank. Thought technically they are not a bank (to the best of my knowledge), they don't have a banking license per se. You can learn more from their website Worry-free Alternative to Traditional Banking