[mywittyname]

This is possible now, since there's a practical limit on how much business can be conducted in all cash.

Even if every bank account in the country started charging an account fee to cover negative interest rates, people would continue to use banks because they are just so damn convenient.

[sneak]

Most US banks on the accounts of most US people (that is, the non-wealthy) likely charge more in fees each month right now than a negative interest rate would affect the balances.

It's really only the wealthy who would be faced with this being any significant amount of money, and those people comprise a tiny minority of bank accounts.

[occamrazor]

Most banks in Switzerland have negative interest rates on large balances (over 100k or 500k CHF).

[seunosewa]

Wow. Why?