I don't think the damage can be corrected at this point but I need to vent.
July 20th - I request a $4000 Moneybookers withdrawal
Aug. 9th - I receive a cheque for $3000. I am perturbed. I don't understand why they have changed the method and amount. No one contacted me. But the payment is already late and I talk to my account rep and say, screw it, I'll just process the cheque. He agrees and says sorry for the mix-up. I have the e-mails from this exchange but whatever. Life goes on.
Yesterday (Aug. 19th) - I am surprised to see $4000 suddenly hit my Moneybookers account from Phoenix. I check my Phoenix account balance and only $1000 has been deducted. Why? They have put a stop payment on the $3000 cheque (which I deposited and spent a week and a half ago as agreed between me and my rep).
What is wrong with these people? I don't know if the stop payment can actually work after this much time (the cheque is dated Aug. 4). Best case, the bank says NO - it's too late. But if it actually does work, I do not have enough money in my accounts to cover it so I have to start scrambling around and possibly incurring fees. I spoke to my Phoenix rep and he told me they would compensate me for any fees so that's good although it doesn't help me with whatever scrambling around I may have to do.
Here's what they won't be able to compensate me for: this could damage my relationship with the bank. They currently don't put my US cheques below 5K on hold. It is pretty standard for Canadian banks to have a 3 week hold on US cheques. But I worked out this special deal which is quite valuable to me. But I could see this Phoenix situation jeopardizing that. Thanks a lot!
Now if the stop payment doesn't work and the cheque is mine, then I am actually overdrawn on my Phoenix account because they will have given me more in payouts than I have in my balance. Tough shit for them I suppose - although I guess I will send them by Moneybookers whatever they have overpaid. I guess I should follow the Phoenix method and promise it in 8-10 business days but take a month. But no seriously, I would do it in 3 seconds. That's how long it should take to do a Moneybookers transfer!
And that's the thing. If we set aside the whole incompetent cheque situation and just look at it as a straight Moneybookers payout, it took a fukking month which is TOO FUKKING SLOW!!! Very poor job!
They have pissed me off from about 6 different angles.
You people need to get your sh1t together.
July 20th - I request a $4000 Moneybookers withdrawal
Aug. 9th - I receive a cheque for $3000. I am perturbed. I don't understand why they have changed the method and amount. No one contacted me. But the payment is already late and I talk to my account rep and say, screw it, I'll just process the cheque. He agrees and says sorry for the mix-up. I have the e-mails from this exchange but whatever. Life goes on.
Yesterday (Aug. 19th) - I am surprised to see $4000 suddenly hit my Moneybookers account from Phoenix. I check my Phoenix account balance and only $1000 has been deducted. Why? They have put a stop payment on the $3000 cheque (which I deposited and spent a week and a half ago as agreed between me and my rep).
What is wrong with these people? I don't know if the stop payment can actually work after this much time (the cheque is dated Aug. 4). Best case, the bank says NO - it's too late. But if it actually does work, I do not have enough money in my accounts to cover it so I have to start scrambling around and possibly incurring fees. I spoke to my Phoenix rep and he told me they would compensate me for any fees so that's good although it doesn't help me with whatever scrambling around I may have to do.
Here's what they won't be able to compensate me for: this could damage my relationship with the bank. They currently don't put my US cheques below 5K on hold. It is pretty standard for Canadian banks to have a 3 week hold on US cheques. But I worked out this special deal which is quite valuable to me. But I could see this Phoenix situation jeopardizing that. Thanks a lot!
Now if the stop payment doesn't work and the cheque is mine, then I am actually overdrawn on my Phoenix account because they will have given me more in payouts than I have in my balance. Tough shit for them I suppose - although I guess I will send them by Moneybookers whatever they have overpaid. I guess I should follow the Phoenix method and promise it in 8-10 business days but take a month. But no seriously, I would do it in 3 seconds. That's how long it should take to do a Moneybookers transfer!
And that's the thing. If we set aside the whole incompetent cheque situation and just look at it as a straight Moneybookers payout, it took a fukking month which is TOO FUKKING SLOW!!! Very poor job!
They have pissed me off from about 6 different angles.
You people need to get your sh1t together.