5Dimes issue

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  • v1y
    SBR MVP
    • 05-02-11
    • 1138

    #1
    5Dimes issue
    Requested a 4 figure check in october.

    attempted to deposit it late november.

    just found out it got rejected by the bank.

    will keep you guys updated on 5dimes' response.

    this is the first major issue with 5D i have ever had.
  • rumnblack
    SBR Wise Guy
    • 05-21-12
    • 876

    #2
    When you say requested in October, deposited late November, how long was the gap between receiving and depositing?
    Comment
    • Jerm3462
      SBR MVP
      • 11-09-09
      • 4454

      #3
      Originally posted by rumnblack
      When you say requested in October, deposited late November, how long was the gap between receiving and depositing?
      October to November is 1 month, dude.
      Comment
      • v1y
        SBR MVP
        • 05-02-11
        • 1138

        #4
        just over a month was the gap. i usually have no issue.

        oct 15 requested nov 26 deposited.
        Comment
        • rumnblack
          SBR Wise Guy
          • 05-21-12
          • 876

          #5
          Originally posted by Jerm3462
          October to November is 1 month, dude.
          He didn't say when he received it. Dude.

          He said: "Requested a 4 figure check in october.

          attempted to deposit it late november."

          Implies there could have been a gap between receiving and depositing. Dude.
          Comment
          • CollegePro
            SBR MVP
            • 02-23-09
            • 4006

            #6
            Originally posted by Jerm3462
            October to November is 1 month, dude.
            you are stupid.. if he received it on October 1st and deposited on Novermber 30, that's like 2 months smartass
            Comment
            • iceminers26
              SBR Posting Legend
              • 10-13-08
              • 15600

              #7
              5dimes has become a joke
              Comment
              • sideloaded
                SBR Hall of Famer
                • 08-21-10
                • 7561

                #8
                checks go bad, you will get another, bad thing is you're probably on a watch list now with your bank.
                Comment
                • mcduggly
                  SBR MVP
                  • 01-22-12
                  • 2489

                  #9
                  Originally posted by iceminers26
                  5dimes has become a joke
                  Yes they have, and they will always be an A+ rated book here. Such a joke.
                  Comment
                  • Parlayking414
                    SBR Rookie
                    • 11-07-12
                    • 9

                    #10
                    They tell you when you get the check to try to deposit it that same day to avoid those problems. I dont see a reason to hold any check that long before cashing it or depositing.
                    Comment
                    • Mikeyanks23
                      SBR MVP
                      • 11-30-10
                      • 4517

                      #11
                      Originally posted by Parlayking414
                      They tell you when you get the check to try to deposit it that same day to avoid those problems. I dont see a reason to hold any check that long before cashing it or depositing.
                      Did he say he got the check and didnt deposit it right away?
                      Comment
                      • 5mike5
                        SBR Aristocracy
                        • 09-21-11
                        • 51865

                        #12
                        Originally posted by Mikeyanks23
                        Did he say he got the check and didnt deposit it right away?
                        yes
                        Comment
                        • v1y
                          SBR MVP
                          • 05-02-11
                          • 1138

                          #13
                          Correct I'm at school right now and had it sent to my house, and didn't pick it up until a month later. Dumb move, I know.

                          This was (literally) the 11th payout I've had, and I never had an issue with the first 10. This is why I'm generally a huge 5Dimes supporter, even though Tony accused me of past posting once.
                          Last edited by v1y; 12-10-12, 10:06 AM.
                          Comment
                          • v1y
                            SBR MVP
                            • 05-02-11
                            • 1138

                            #14
                            5D wants me to get a letter from the bank explaining why the check bounced, as well as getting the check back.

                            Will report back on Wednesday.
                            Comment
                            • Fall778899
                              SBR Hustler
                              • 12-06-12
                              • 62

                              #15
                              Had the exact same issue very recently with them..... after jumping through a few hoops got the money put back in account. Checking my options before next withdrawl.
                              Comment
                              • Microphone
                                SBR MVP
                                • 01-08-08
                                • 2950

                                #16
                                Most sports books urge you to not hold on to checks upon receipt and cash them right away.
                                Comment
                                • Fall778899
                                  SBR Hustler
                                  • 12-06-12
                                  • 62

                                  #17
                                  Matter of circumstances led to holding onto check for over a month before attempting to cash. Coincedence I had my first problem with check from 5dimes ? CASH YOUR CHECKS IMMEDIATLY !!!!!!!
                                  Comment
                                  • v1y
                                    SBR MVP
                                    • 05-02-11
                                    • 1138

                                    #18
                                    5Dimes shows why they're A+ once again.

                                    Comment
                                    • jb456223
                                      SBR Hustler
                                      • 01-09-08
                                      • 73

                                      #19
                                      V1y it happens time to time. I presume check bounced acct closed. Basically bank got suspicious of processors acct and closed it other thing that will happen is processor will get wind bank is looking into their acct and processor will pull the funds before bank closes it (that would return NSF though). There were a few other people recently posting about checks bouncing at other books so most likely all books use same processors as you guys had the issue same time period. Nice to see 5dimes rectified situation in a timely manner.
                                      Comment
                                      • mintpicks79
                                        SBR MVP
                                        • 10-04-08
                                        • 1151

                                        #20
                                        In the future I would recommend to not even cash the check. Call 5dimes and have them reissue.
                                        Comment
                                        • CollegePro
                                          SBR MVP
                                          • 02-23-09
                                          • 4006

                                          #21
                                          Originally posted by v1y
                                          5Dimes shows why they're A+ once again.

                                          why?? because they put money back in your account after you notified them the check bounced?? even F book can do that.. lol
                                          Comment
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