PDA

View Full Version : A remarkable solution to the banking crisis.



Stefinitely Maybe
11-03-2009, 09:58 AM
I got my first pay-cheque (or check, in America) from my Graduate Assistant job here in San Diego, last week. A few days ago I went to my bank (Citibank) and deposited the cheque into my account. It was the first time I had ever tried to deposit a cheque in America. Yesterday, I got this letter:

http://farm3.static.flickr.com/2665/4072104765_7aa93023b8_o.jpg

So, just to clarify: I deposited $1026.33, and the bank is not prepared to allow me to access ANY of that money, but 90 years from now, on January 1st 2099 - by which time I will almost certainly be dead - they will give me $826.00 of it. No mention of the other $200.33 at all. Excellent money-saving tactics there, Citibank.

I see an angry visit to the bank in my near future.

MissingPerson
11-03-2009, 10:07 AM
What. The fuck.

And why is the Spanish language number titled in English?

HAMMERHEAD
11-03-2009, 10:08 AM
hahaha what the fuckkk. you should make exaggerated threats about lawsuits, complaints, etc and see what you can get out of it. maybe a free mug or some custom checks

Young blood
11-03-2009, 10:10 AM
WELCOME TO 'MERICA!

canexplain
11-03-2009, 10:10 AM
That's pretty funny Stef ..... cr****

rage patton
11-03-2009, 10:12 AM
Wow. That is fucked up.

moomoo
11-03-2009, 10:20 AM
FIGHT IT!

I like the idea about threats of lawyers/lawsuits. and when banks fuck up hard (like this) they sometimes will even reward you with a bit more money...

Courtney
11-03-2009, 10:29 AM
Ahahaha




The good news, of course, is that this is obviously a clerical error and not a fundamental policy issue. It's pretty standard for banks to hold checks for a processing time in new accounts to prevent fraud (watch that horrible Leonardo Dicaprio film about check depositing scams if you need further explanation). But usually that hold time is no longer than 5-10 days.

Young blood
11-03-2009, 10:30 AM
FIGHT IT!

I like the idea about threats of lawyers/lawsuits. and when banks fuck up hard (like this) they sometimes will even reward you with a bit more money...

hahahahahaha name me one bank that will reward you for their screw up.

MissingPerson
11-03-2009, 10:32 AM
The good news, of course, is that this is obviously a clerical error and not a fundamental policy issue. It's pretty standard for banks to hold checks for a processing time in new accounts to prevent fraud (watch that horrible Leonardo Dicaprio film about check depositing scams if you need further explanation). But usually that hold time is no longer than 5-10 days.

So a century or so isn't standard practice then?

Drinkey McDrinkerstein
11-03-2009, 10:33 AM
This letter is an amazing treasure. Cherish it forever.

Courtney
11-03-2009, 10:34 AM
Stef's wait may be longer if his name was flagged for being a suspicious Brit.

Archie Bunker
11-03-2009, 10:41 AM
Upload the letter to failblog.org

Notice that these sorts of errors just about never occur in your favor!

Courtney
11-03-2009, 10:46 AM
I'm sure they do happen, and they're just not reported. If Citibank accidentally gave you an extra $200, would you really call and complain?