I recently requested a payout from The Greek nothing huge few hundo I deposited it as always 2 days later my bank cleared it then 4 days after that it was returned and my bank said ********* who is the processor for the greek said there were no funds in that account. I still have not received my money and the return caused me 80 dollars in fees overdrafts at my bank. I have been with the greek for years and never had any problems. Is anyone else having problems cashing checks. Trudy at riskmanagment at the greek says they are working on the problem yet I still am out my withdrawl and the bank fees. Please help
THE GREEK checks not clearing and being returned
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prince21SBR Rookie
- 09-23-10
- 7
#1THE GREEK checks not clearing and being returned
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Justin7SBR Hall of Famer
- 07-31-06
- 8577
#2prince,
I am sure Greek will make it right. Processors run into hiccups, and goofy things happen. But, I'll lay -200 that 1. You get your money within 2 weeks, and 2. they reimburse you for the bank fees.Comment -
prince21SBR Rookie
- 09-23-10
- 7
#3thx for the quick reply ya been with them forever and never had any issues this particular time has been a headache they seem to be working on it and have responded via email when I asked about it and when I call they tell me the truth I hope they work it out very soon.Comment -
sonymanRestricted User
- 06-08-10
- 419
#4Please keep us update. Hopefully everything will be made good.Comment -
MikailSBR Posting Legend
- 07-19-09
- 21689
#5Suprised to hear this. Those processors always making problems.Comment -
HalifaxSBR Wise Guy
- 08-10-05
- 553
#6I still don't understand why some of these larger books don't set up their own "processors", either in the country where the book is located or in some other jurisdiction.Comment -
prince21SBR Rookie
- 09-23-10
- 7
#7I will keep you all updated I actually opened an account with the greek based off what I read on this site and I do have to say the last few years have been just fine to be fair. This recent check not clearing does make me a bit nervous though as it would any of us. I still have a decent amount in the book and fully intend to keep it there I just want to be sure all is well before I add more in the future. I have been in contact with Trudy and Orlando. Also received one email from Wally saying he was forwarding the issue to risk management. when I called they did admit there was an issue and that rbc bank closed the account of the processor *******. Hope they have other means or get the account back open.Comment -
prince21SBR Rookie
- 09-23-10
- 7
#8ok update the greek has credited my account for the balance and are re submitting a new check so it seems it was indeed a hiccup will update once all is clear and free they were very good at working with me on this issue and I will stay with them.Comment -
Eagle1958SBR Wise Guy
- 01-23-10
- 577
#9Funny how these A rated sportsbooks keep having processor problems and bounced checks. I play at a D rated sportsbook which I won't name because I have been accused of being a shill in the past. And I never had a problem with a payout in 6 years with them. I was always paid promptly either the same day or next day. Never a problem. I am glad they are rated low because it keeps a lot of these clowns away that cause problems.Comment -
prince21SBR Rookie
- 09-23-10
- 7
#10greek has always been veery fast also one day two max this my first issue with them in four years so I will give them benefit of the doubt that it is the last timeComment -
capitalist pigSBR MVP
- 01-25-07
- 4998
#11Glad to see they made everything right! Ive never had any issues with them.
laterComment -
bubbaSBR MVP
- 09-29-05
- 2432
#12did you have to submit to them any proof? bodog bounced my check this week (in another thread) and they need me to send them proof of such(which i dont have yet, nor the time to deal with) before they do anything about itComment -
prince21SBR Rookie
- 09-23-10
- 7
#13yes i did send them a letter and a snapshot of the account and check from the bank but they also seemed to know about the problem. The letter was for the overdrafts it charged me. once again i still have to get a new check then make sure that is fine im sure it will be i will let everyone know in a few daysComment -
jjgoldSBR Aristocracy
- 07-20-05
- 388179
#14What a hassle
Much easier to do a bank wireComment -
sicklerSBR Posting Legend
- 06-05-08
- 15006
#15Also credited your account for the overdraft fees?Comment -
craigpbSBR Wise Guy
- 06-19-08
- 700
#16Just looks like an unfortunate accident. Would think they would do the right thing and it looks like they are.Comment -
bachngocduongSBR MVP
- 03-17-06
- 1826
#17I'm not play there hope every thing all rightComment -
LVHerbieSBR Hall of Famer
- 09-15-05
- 6344
#18Funny how these A rated sportsbooks keep having processor problems and bounced checks. I play at a D rated sportsbook which I won't name because I have been accused of being a shill in the past. And I never had a problem with a payout in 6 years with them. I was always paid promptly either the same day or next day. Never a problem. I am glad they are rated low because it keeps a lot of these clowns away that cause problems.Comment -
increasedoddsSBR Wise Guy
- 01-20-06
- 819
#19Greek will send you 5-6 figures in 24 hours.
They clearly use a different processing system for a few hundred and frankly probably dont care.Comment -
venice2222SBR Sharp
- 06-04-10
- 414
#20never had problems before with Greek checks.Comment -
IanSBR Hall of Famer
- 11-09-09
- 6073
#21I've transfered funds out of Greek to other books and have never had a problem that way. The bounced check is out of character and Greek's reputation is good enough that I think they should be given the benefit of the doubt unless more checks start bouncing.Comment -
brxbmbers42Restricted User
- 07-26-10
- 4312
#22whoa. ive never had a problem with a greek check. i just got a betjamaica check the other day and deposited. hope that check isnt a problemComment -
biggie12SBR Posting Legend
- 12-30-05
- 13788
#23
I'd Take that you know i hate wally and i know hes a cheap ****. Your really think he will get reimbursed the bank fees. Good luck prince, but it's a long shot. You will get your money but repaid the bank fees doesn't sound like something wally the pig will do.Comment -
VicVega91Restricted User
- 10-05-09
- 519
#24
biggie, since you don't like the Greek, where do you play? Just curious. ThanksComment -
biggie12SBR Posting Legend
- 12-30-05
- 13788
#25matchbook pinnacle bet365Comment -
bluefishSBR Wise Guy
- 04-13-09
- 917
#26Suprised to hear this.Comment -
RonPaul2008SBR Hall of Famer
- 06-08-07
- 6741
#27Supposedly a few books had this problem recently. Sounds like a big processor is having problems.
Nothing to worry about with the Greek. They will pay you and reimburse the $80.Comment -
ucbearcats1027SBR Wise Guy
- 01-05-09
- 903
#28greek has been good to me so farComment -
CollegeProSBR MVP
- 02-23-09
- 4006
#305-6 figures in 24hours is total bsComment -
Igetp2sSBR MVP
- 05-21-07
- 1046
#31$80 in overdraft fees? I thought Dems in Washington put an end to those.Comment -
prince21SBR Rookie
- 09-23-10
- 7
#32all is well and all monies accounted for the greek worked it all out for me and fast I am actually more of a customer now than before because of the way and how fast they fixed the issue and paid fees. So everyone knows they did the right thing across the board. I am not a major player but I would guess 15-20 deposited over 5 years or so.Comment
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