Bank gets funny about check
Deposited check from Bmaker today at B of A. Bank manager asked me if I knew the company who issued the check. He said they have had problems with Canadian companies, or something to that effect. He took my phone number down in case they had any problems with the check. Is this normal procedure? Anyone else get this?
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Bank of America sucks. Find a different bank.Comment -
Sounds like a very vague excuse, problems with Canadian companies?Originally posted by zstevens
I'd ask him to elaborate and to be more specific, Bookmaker is not a Canadian company.
Sounds like BS to me, Canadian Banks are as solid as they come and most if not all Canadian banks also own US banks as well.
For example:
Bank of Montreal owns Harris Bank
TD Canada Trust owns TD Ameritrade and TD Bank North
CIBC owns Mellon Bank
Royal Bank of Canada owns RBC in the USA
Since the Canadian dollar is not a major currency all banks in Canada can easily get any amount of US dollars you need, especially easy to get US cheques/drafts/wires, getting large sums of US cash may require an advance order of a day. Its much easier to get foreign currencies in Canada than most places in the USA.
Try going to a US bank and asking for Canadian dollars/Euros etc.Comment -
Wells Fargo has now made it a policy to send all international checks to collections.
When they do this, they will not deposit the funds into your account until the international bank physically pays them via bankwire.
For your patience and understanding, you get charged a 2% collection fee and also the fee for the international bank to wire it.
My last 2 checks for 3k each cost me a total of $240 in fees for the honor of depositing money in their bank and it took 18 days.
Wells Fargo can rot in hell!!
B of A hasnt given me any issues except a 7 day hold on international checks.Comment -
bank of america is technically insolvent. it is one of the zombie banks supported by US taxpayers.
also go do a search about my experience with bank of america. this is a horrible bank, only plus side is that they have so many atm locations.Comment -
LOL what a tool. I would have told him to go fuk himself. BOA just got 20B in TARP funds. Without this taxpayer bailout this fuk don't even have a job. Canadian Banks are as solid as they come.Comment -
i hope that branch get robbed and the manager get pistol whipped.Comment -
Dont do checksComment -
Just deposit it via atm next time, why bother with dealing with the teller live?Comment -
Exactly! When engaged in <somewhat> shady activity, don't let 'em look ya in the eye.Originally posted by rumple
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I think if you have a history of depositing OTC, then switch to ATM deposits that looks worse, or at the very least no better. Is there any real benefit to either? With ATM deposit you can avoid human interaction but policies are policies. I think the banks behavior is a little invasive, but I guess that's just policy now.
Appreciate the feedback fellas.Comment -
Thanks for the info being that I am a Wachovia customer which was just bought out by WellsOriginally posted by FrankComment -
ive deposited checkes from canadia via otc and atm at b of a and never ran across anything like that...Comment -
banks dont have any real way to tell if its a bad check right away. find a local small bank that you can build a relationship with or use an internet bank. or both.
why anyone would bank with a giant mega bank that treats you like shit no less is beyond me.Comment -
Bank of America asked me the same thing last time!
I just told them yep!
What are you suppose to say? No?Comment -
i collect by checks only,never had a problemOriginally posted by THEGREAT30Comment -
what did they ask u if the check was a casino?Comment -
Never let them entrap you and change banksComment -
You gotta know how to **** with them. Having a mortgage with 30% down on the house with the company helps. Its a positive asset on there books and losing it to another company is bad for them. Especially when your willing to write the company and say the sole reason for leaving was due to poor customer service. Those executive assistants do read those mails and they do pass them along as long as you aren't crazy.Comment -
i just told them it's thru an online server. i do work for them...
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wouldnt the easiest way just be to cash the check at walmart?
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Tell them you know Mike Corbin of Corbin Electric.Comment -
why anyone would bank with a national chain these days is beyond me.....find a local credit union, you'll be amazed at how much better you're treated.Comment -
yep.Originally posted by thagame24Comment -
Guys hook with JP Morgan Chase ...I have cashed numerous 3,000 dollar checks from Bookmaker there and always through the teller and it only takes 2 days on every check to clearComment -
I deposited one from a Canadian company.
The teller wanted to call and see if it was Canadian or US funds.
I told her us funds.
She said she would deposit it and if there is a currency exchange they would call me.Comment -
they usually put a one week hold on checksComment -
Anytime I deposit an international check they put a 10 day hold on it if I dont have enough to cover it in my account (which I usually dont) and charge me 10 dollars for collection, it fukin sucks, and I bank at a local bank, the teller is always a fukin retarded bitch that asks if the check was from a Canadian lottery (assuming scam), I say yea I just hit the fukin Canadian lottery for 2k and they mailed me that check now cash it so I can enjoy my winningsComment -
you need to stop acting shady about it. you allowing them to treat it as a possible scam is suggesting that they need to.Originally posted by bettilimbroke999
the 10 day hold is fine, although if the bank trusts you, then you won't be put under such stipulations.
do you have solid credit? see if you can apply for a line of credit for your checking account if it's overdrafted. if you have a 2k line of credit attached to your checking account, then you will always have enough to cover the check.
tell them that you know who's sending the money, you've had many checks from them before, and this is the processor they use. assure them that it's not some scheme or scam.
see if you can find a credit union as opposed to a regular bank. they are usually far superior in customer service.Comment -
Its a different teller everytime and for this bank its just apparently their policy to hold international checks for 10 days if there is not enough in the account to pay for it if it bounces, it's not really that big of a deal normally, I just wish they wouldn't charge me 10 bucks for the hassle
I dont act shady about it but I also dont say yea I kicked ass during March Madness and thats the check my bookie sent me. I just go along with their crap policies and tell them its not a scam or anything and the check is good but they still hold them anyway, maybe I just need a new bankComment -
get an internet bank and bank by mailComment -
this is the way to do it...Originally posted by durito
ING Direct Checking for those who live in US. no better way. I've done:
Western Union,
Fedex Check to me which in turn is mailed to them...
Bank wire
and all have gone through without a hitch.
Best of luck.Comment -
ive gotten the same bs.just tell them its none of their business,and if they want to continue to bank with you.you will go somewhere else.i tell my local bank all that matters is that i have money in my account,and if the check goes goes bad[bounce],just take it out of my account.smile alot.it does suck to live in the usa.Originally posted by zstevensComment -
Remember most tellers make less in a year than a lot of guys here gamble on a single event. They're probably afraid of getting yelled out by the boss, who usually is just as ignorant as they are.Comment -
cmon guys lets keep banks out of our threads for the benefit of the institutions and those that may be using them.Originally posted by shhhhh22this is the way to do it...
ING Direct Checking for those who live in US. no better way. I've done:
Western Union,
Fedex Check to me which in turn is mailed to them...
Bank wire
and all have gone through without a hitch.
Best of luck.
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