Banks in Yancheng, Jiangsu province were seen stacking piles of cash for display behind teller windows to calm panicked patrons who had been lining up outside of branches for three days after rumors began floating around that the banks ran out of cash.
The frenzy broke out on Monday in Sheyang county as there was a rumor that a local bank turned down a customer’s request to withdraw 200,000 yuan.
A shopkeeper across the way from the Jiangsu Sheyang Rural Comercial Bank said she saw customers leaving the bank with baskets full of money as armored cars pulled up delivering fresh wads of cash.
Customers lined up outside of the doors and bank employees said that some branches had been open 24 hours over two days, according to Shanghai Daily.
To quell depositors’ fears, one branch began stacking up piles of yuan notes the size and height of a double bed behind teller windows to show that they were, indeed, equipped with enough cash—enough to sleep on (it’s kind of a past time in rural China).
Police and security guards were called to the banks as masses of people waited outside of branches to collect their fares and told them not to be worried by rumors.
We envision the scene as looking something like this: