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Bank Unwilling to Cash Check from Gold Sale
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<p>[QUOTE="medoraman, post: 1262296, member: 26302"]I agree, but then it talks about her getting $50,000 per week. Of course htis could not be done partially on a check, so it would have to be done by her depositing it and then taking money out weekly. I think the difference between your and my opinion may be the inference of the actions versus the wording of the article.</p><p><br /></p><p>A side point, my biggest problem with banks nowadays is how some charge you to cash a check. I got a check once drawn on Wells Fargo. Seeing as one was nearby, I just went there to get cash for it. I went in, and they wanted my thumb print, and also would charge me $2 to cash the check since I do not have an account there. I said, "Wait a minute, this check promises payment if presented to this bank. This check does not promise me payment minus $2 from this bank." I do believe many bank rules are going against the entire premise of banking and checking, and they simply do what they wish to do. I went back to who gave me the check demanding cash, since their bank will not honor the promise of the payment. He gave me cash instead, but I doubt Wells policy is any different to this day.</p><p><br /></p><p>So yeah, I understand the general public's frustration with banks, and their bureaucracy and policies. I am not sure this story is complete, but I do think they do things that technically are illegal for their own purposes.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1262296, member: 26302"]I agree, but then it talks about her getting $50,000 per week. Of course htis could not be done partially on a check, so it would have to be done by her depositing it and then taking money out weekly. I think the difference between your and my opinion may be the inference of the actions versus the wording of the article. A side point, my biggest problem with banks nowadays is how some charge you to cash a check. I got a check once drawn on Wells Fargo. Seeing as one was nearby, I just went there to get cash for it. I went in, and they wanted my thumb print, and also would charge me $2 to cash the check since I do not have an account there. I said, "Wait a minute, this check promises payment if presented to this bank. This check does not promise me payment minus $2 from this bank." I do believe many bank rules are going against the entire premise of banking and checking, and they simply do what they wish to do. I went back to who gave me the check demanding cash, since their bank will not honor the promise of the payment. He gave me cash instead, but I doubt Wells policy is any different to this day. So yeah, I understand the general public's frustration with banks, and their bureaucracy and policies. I am not sure this story is complete, but I do think they do things that technically are illegal for their own purposes.[/QUOTE]
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