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Are there still bank runs?

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Are there still bank runs?

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Old 29th Jan 2011, 19:56
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Are there still bank runs?

I'm curious - in this age of electronic banking and bPay/EFTPOS, is there still a need for bank runners to ferry cashed cheques around the countryside?

I remember flying in and out of Bankstown in Australia and having to hold short waiting for MU2s and Aero Commanders to come in....

If bank runs still occur, what equipment is used now? Has the equipment changed with the times?

Just curious
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Old 29th Jan 2011, 20:48
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A number of MU-2's are still used in the USA (LearJets, too) however, these are generally used for Federal Reserve business, these days.
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Old 29th Jan 2011, 20:53
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Yes!

Bank Run Aerocommanders still out of YMEN 5 days a week. 4 aircraft (3 AC50 one AC68) depart around 0730 and wake the neighbours!
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Old 30th Jan 2011, 07:25
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Took 500 million Euro into Estonia on a 733 about 8 years back...unfortunately all brand new notes not used and escorted in by fighter jets on each wing.....our divervision was the Cayman Islands lol !!
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Old 30th Jan 2011, 07:34
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Runs on banks are more common than bank runs nowadays
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Old 30th Jan 2011, 15:25
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Used to be a C130 flew from my part to Manila known as the 'Gold Flight' taking mined gold to the Central Bank.

You will find similar flight operating in Angola.
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Old 31st Jan 2011, 21:07
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The clearing banks still move the paper checks to the Federal Reserve
Just look at the traffic where the Fed are located. example: Bridgeport, CT
A busy place at night
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Old 31st Jan 2011, 21:44
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There is a very rough looking MU2 that runs to Billings and Glasgow here in Montana on a bank run.

Speedbird 48
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Old 1st Feb 2011, 01:07
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Yup

Hi,

Bank runs still going strong in AUS. Most of what I know of happens under the Toll Priority banner up and down the J-curve.

Metro 3/23's used ex-YSBK and YBBN. Good fun single-pilot when the weather's nice...

Bunch of other bank runs ex-YSBK, YBBN, YMEN, YPAD etc. using piston twins and singles (maybe a couple of single turbines too). All up around 35-45 aircraft nationwide on a daily basis.

grade-3
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Old 15th Feb 2011, 13:28
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Ram Air Freight (based either RDU or CLT) is hiring. when i worked for them a while back, they operated seneca, lance, barron and c402 types. now they are down to just the seneca and lance... so my guess is that the business is down. but still there.

Last edited by desertwest; 24th Apr 2011 at 21:11.
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Old 20th Feb 2011, 22:33
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Due to the political unrest here in Egypt, The Egyptian Air force were doing some bank runs from Cairo to different Egyptian cities
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Old 26th Feb 2011, 20:04
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Flew a 707 many years ago when the cargo was only slightly higher then my ankles yet we were max ZFW and MTOW from EGLL to a Caribbean destination. Did discuss with the other guys a diversion to Brazil!!!!!
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