THE GREEK checks not clearing and being returned

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  • prince21
    SBR Rookie
    • 09-23-10
    • 7

    #1
    THE GREEK checks not clearing and being returned
    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
  • Justin7
    SBR Hall of Famer
    • 07-31-06
    • 8577

    #2
    prince,

    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
    • prince21
      SBR Rookie
      • 09-23-10
      • 7

      #3
      thx 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
      • sonyman
        Restricted User
        • 06-08-10
        • 419

        #4
        Please keep us update. Hopefully everything will be made good.
        Comment
        • Mikail
          SBR Posting Legend
          • 07-19-09
          • 21689

          #5
          Suprised to hear this. Those processors always making problems.
          Comment
          • Halifax
            SBR Wise Guy
            • 08-10-05
            • 553

            #6
            I 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
            • prince21
              SBR Rookie
              • 09-23-10
              • 7

              #7
              I 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
              • prince21
                SBR Rookie
                • 09-23-10
                • 7

                #8
                ok 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
                • Eagle1958
                  SBR Wise Guy
                  • 01-23-10
                  • 577

                  #9
                  Funny 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
                  • prince21
                    SBR Rookie
                    • 09-23-10
                    • 7

                    #10
                    greek 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 time
                    Comment
                    • capitalist pig
                      SBR MVP
                      • 01-25-07
                      • 4998

                      #11
                      Glad to see they made everything right! Ive never had any issues with them.

                      later
                      Comment
                      • bubba
                        SBR MVP
                        • 09-29-05
                        • 2432

                        #12
                        did 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 it
                        Comment
                        • prince21
                          SBR Rookie
                          • 09-23-10
                          • 7

                          #13
                          yes 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 days
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            What a hassle

                            Much easier to do a bank wire
                            Comment
                            • sickler
                              SBR Posting Legend
                              • 06-05-08
                              • 15006

                              #15
                              Originally posted by prince21
                              ok 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.
                              Also credited your account for the overdraft fees?
                              Comment
                              • craigpb
                                SBR Wise Guy
                                • 06-19-08
                                • 700

                                #16
                                Just looks like an unfortunate accident. Would think they would do the right thing and it looks like they are.
                                Comment
                                • bachngocduong
                                  SBR MVP
                                  • 03-17-06
                                  • 1826

                                  #17
                                  I'm not play there hope every thing all right
                                  Comment
                                  • LVHerbie
                                    SBR Hall of Famer
                                    • 09-15-05
                                    • 6344

                                    #18
                                    Originally posted by Eagle1958
                                    Funny 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.
                                    The OP problem is (most likely due) to the book losing a processor because of them getting shut down by the US government not the book not wanting or not having the money to pay... If you keep playing at D books then eventually your problems will be caused by the second hypothetical...
                                    Comment
                                    • increasedodds
                                      SBR Wise Guy
                                      • 01-20-06
                                      • 819

                                      #19
                                      Greek 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
                                      • venice2222
                                        SBR Sharp
                                        • 06-04-10
                                        • 414

                                        #20
                                        never had problems before with Greek checks.
                                        Comment
                                        • Ian
                                          SBR Hall of Famer
                                          • 11-09-09
                                          • 6073

                                          #21
                                          I'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
                                          • brxbmbers42
                                            Restricted User
                                            • 07-26-10
                                            • 4312

                                            #22
                                            whoa. 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 problem
                                            Comment
                                            • biggie12
                                              SBR Posting Legend
                                              • 12-30-05
                                              • 13788

                                              #23
                                              Originally posted by Justin7
                                              prince,

                                              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.

                                              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
                                              • VicVega91
                                                Restricted User
                                                • 10-05-09
                                                • 519

                                                #24
                                                Originally posted by biggie12
                                                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.

                                                biggie, since you don't like the Greek, where do you play? Just curious. Thanks
                                                Comment
                                                • biggie12
                                                  SBR Posting Legend
                                                  • 12-30-05
                                                  • 13788

                                                  #25
                                                  matchbook pinnacle bet365
                                                  Comment
                                                  • bluefish
                                                    SBR Wise Guy
                                                    • 04-13-09
                                                    • 917

                                                    #26
                                                    Suprised to hear this.
                                                    Comment
                                                    • RonPaul2008
                                                      SBR Hall of Famer
                                                      • 06-08-07
                                                      • 6741

                                                      #27
                                                      Supposedly 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
                                                      • ucbearcats1027
                                                        SBR Wise Guy
                                                        • 01-05-09
                                                        • 903

                                                        #28
                                                        greek has been good to me so far
                                                        Comment
                                                        • Scooter
                                                          SBR MVP
                                                          • 01-15-07
                                                          • 1159

                                                          #29
                                                          Originally posted by increasedodds
                                                          Greek will send you 5-6 figures in 24 hours.
                                                          The last time I withdrew there was a $9900 USD limit per check. One check max per day (per week?).

                                                          What method will get one sent 5-6 figures in 24 hours?
                                                          Comment
                                                          • CollegePro
                                                            SBR MVP
                                                            • 02-23-09
                                                            • 4006

                                                            #30
                                                            5-6 figures in 24hours is total bs
                                                            Comment
                                                            • Igetp2s
                                                              SBR MVP
                                                              • 05-21-07
                                                              • 1046

                                                              #31
                                                              $80 in overdraft fees? I thought Dems in Washington put an end to those.
                                                              Comment
                                                              • prince21
                                                                SBR Rookie
                                                                • 09-23-10
                                                                • 7

                                                                #32
                                                                all 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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