GD thieving banks!

[Sweet Willy]

I just had a rather disturbing incident over at Wachovia bank.

I had a check for $150 someone wrote me for money they owed me. I stopped by their bank to cash it. The teller informs me there is a $5 charge to cash the check. I said "What? Wait a minute, this check is drawn on your bank." Teller still insist because I don't have an account there that I must pay $5 to cash the check. But wait, "don't you already charge these people to handle their money? And now you want to charge me too?" Teller simply reapts that if I want the check cashed, it's $5.

So I step aside and call the owner of the business that wrote the check. The owner has no idea why they want $5 to cash the check. She tells me to go ahead and cash it, just bring her a reciept and she'll give me the $5.

So, I go back to the teller. She gives me $145 and tells me to have a nice day. "Can I get a reciept please?" She looks bewildered. "A reciept for what?" she ask. "For the $5" I say. After a long conversation with the teller and eventually the branch manager, I get no receipt.

WTF is going on here? It's fucked up enough that you charge me $5 to cash a check that you are already charging someone else to handle. Now, you can't give me a reciept for services provided? Do you see what is going on here? These crooks are taking $5 a pop under the table to cash checks. They aren't recording the transaction as revenue from services provided. How many $5 fees is Wachovia collecting a day? Thousands of dollars? And not reporting it as a transcaction? Are they paying their taxes on this revenue?

Lousy, cheating, lying mother fuckers.

 

[random3434]

I don't get that either.

Why didn't they give you a receipt?

And the check was from THIER bank, correct?

That is messed up, unless I'm missing something.

 

[xotoxi]

I just had a rather disturbing incident over at Wachovia bank.

I had a check for $150 someone wrote me for money they owed me. I stopped by their bank to cash it. The teller informs me there is a $5 charge to cash the check. I said "What? Wait a minute, this check is drawn on your bank." Teller still insist because I don't have an account there that I must pay $5 to cash the check. But wait, "don't you already charge these people to handle their money? And now you want to charge me too?" Teller simply reapts that if I want the check cashed, it's $5.

So I step aside and call the owner of the business that wrote the check. The owner has no idea why they want $5 to cash the check. She tells me to go ahead and cash it, just bring her a reciept and she'll give me the $5.

So, I go back to the teller. She gives me $145 and tells me to have a nice day. "Can I get a reciept please?" She looks bewildered. "A reciept for what?" she ask. "For the $5" I say. After a long conversation with the teller and eventually the branch manager, I get no receipt.

WTF is going on here? It's fucked up enough that you charge me $5 to cash a check that you are already charging someone else to handle. Now, you can't give me a reciept for services provided? Do you see what is going on here? These crooks are taking $5 a pop under the table to cash checks. They aren't recording the transaction as revenue from services provided. How many $5 fees is Wachovia collecting a day? Thousands of dollars? And not reporting it as a transcaction? Are they paying their taxes on this revenue?

Lousy, cheating, lying mother fuckers.

You should have called 911.

 

[Sweet Willy]

I don't get that either.

Why didn't they give you a receipt?

And the check was from THIER bank, correct?

That is messed up, unless I'm missing something.

Yes, the check was drawn on Wachovia. I went to Wachovia. Because I don't have an accoiunt there, they charge $5 to cash a check drawn on account that is theirs.

The only reciept they could give me showed $150 on it, for the cashed check. Nothing to reflect the damned $5 they charged me to cash it. The reciept they gave me makes it look like I walked out with $150 and they didn't take $5.

It looks like a real scam.

 

[Sweet Willy]

I just had a rather disturbing incident over at Wachovia bank.

I had a check for $150 someone wrote me for money they owed me. I stopped by their bank to cash it. The teller informs me there is a $5 charge to cash the check. I said "What? Wait a minute, this check is drawn on your bank." Teller still insist because I don't have an account there that I must pay $5 to cash the check. But wait, "don't you already charge these people to handle their money? And now you want to charge me too?" Teller simply reapts that if I want the check cashed, it's $5.

So I step aside and call the owner of the business that wrote the check. The owner has no idea why they want $5 to cash the check. She tells me to go ahead and cash it, just bring her a reciept and she'll give me the $5.

So, I go back to the teller. She gives me $145 and tells me to have a nice day. "Can I get a reciept please?" She looks bewildered. "A reciept for what?" she ask. "For the $5" I say. After a long conversation with the teller and eventually the branch manager, I get no receipt.

WTF is going on here? It's fucked up enough that you charge me $5 to cash a check that you are already charging someone else to handle. Now, you can't give me a reciept for services provided? Do you see what is going on here? These crooks are taking $5 a pop under the table to cash checks. They aren't recording the transaction as revenue from services provided. How many $5 fees is Wachovia collecting a day? Thousands of dollars? And not reporting it as a transcaction? Are they paying their taxes on this revenue?

Lousy, cheating, lying mother fuckers.

You should have called 911.

I gave it serious consideration. I don;t know that it was a direct crime but somone needs to check this out and find out what Wachovia is doing with all these unrecorded $5 fees.

 

[ba1614]

That is a scam.

 

[xotoxi]

I don't get that either.

Why didn't they give you a receipt?

And the check was from THIER bank, correct?

That is messed up, unless I'm missing something.

Yes, the check was drawn on Wachovia. I went to Wachovia. Because I don't have an accoiunt there, they charge $5 to cash a check drawn on account that is theirs.

The only reciept they could give me showed $150 on it, for the cashed check. Nothing to reflect the damned $5 they charged me to cash it. The reciept they gave me makes it look like I walked out with $150 and they didn't take $5.

It looks like a real scam.

You should say that you cannot reconcile the money that you received with the amount listed on the receipt.

They either need to give you $150 cash, or they need to give you a receipt listing the $5 charge.

Otherwise, they can give you back the check.

 

[xotoxi]

I just had a rather disturbing incident over at Wachovia bank.

I had a check for $150 someone wrote me for money they owed me. I stopped by their bank to cash it. The teller informs me there is a $5 charge to cash the check. I said "What? Wait a minute, this check is drawn on your bank." Teller still insist because I don't have an account there that I must pay $5 to cash the check. But wait, "don't you already charge these people to handle their money? And now you want to charge me too?" Teller simply reapts that if I want the check cashed, it's $5.

So I step aside and call the owner of the business that wrote the check. The owner has no idea why they want $5 to cash the check. She tells me to go ahead and cash it, just bring her a reciept and she'll give me the $5.

So, I go back to the teller. She gives me $145 and tells me to have a nice day. "Can I get a reciept please?" She looks bewildered. "A reciept for what?" she ask. "For the $5" I say. After a long conversation with the teller and eventually the branch manager, I get no receipt.

WTF is going on here? It's fucked up enough that you charge me $5 to cash a check that you are already charging someone else to handle. Now, you can't give me a reciept for services provided? Do you see what is going on here? These crooks are taking $5 a pop under the table to cash checks. They aren't recording the transaction as revenue from services provided. How many $5 fees is Wachovia collecting a day? Thousands of dollars? And not reporting it as a transcaction? Are they paying their taxes on this revenue?

Lousy, cheating, lying mother fuckers.

You should have called 911.

I gave it serious consideration. I don;t know that it was a direct crime but somone needs to check this out and find out what Wachovia is doing with all these unrecorded $5 fees.

Call John Stossel.

"Give Me a (Fuckin') Break!"

 

[Sweet Willy]

I don't get that either.

Why didn't they give you a receipt?

And the check was from THIER bank, correct?

That is messed up, unless I'm missing something.

Yes, the check was drawn on Wachovia. I went to Wachovia. Because I don't have an accoiunt there, they charge $5 to cash a check drawn on account that is theirs.

The only reciept they could give me showed $150 on it, for the cashed check. Nothing to reflect the damned $5 they charged me to cash it. The reciept they gave me makes it look like I walked out with $150 and they didn't take $5.

It looks like a real scam.

You should say that you cannot reconcile the money that you received with the amount listed on the receipt.

They either need to give you $150 cash, or they need to give you a receipt listing the $5 charge.

Otherwise, they can give you back the check.

I thought about asking for the check back. Didn't want to make a big scene out of it but the longer I thought about it, the more pissed off I got.

Now I want to find out how many banks are in this under the table check cahsing fee business.

 

[bodecea]

I just had a rather disturbing incident over at Wachovia bank.

I had a check for $150 someone wrote me for money they owed me. I stopped by their bank to cash it. The teller informs me there is a $5 charge to cash the check. I said "What? Wait a minute, this check is drawn on your bank." Teller still insist because I don't have an account there that I must pay $5 to cash the check. But wait, "don't you already charge these people to handle their money? And now you want to charge me too?" Teller simply reapts that if I want the check cashed, it's $5.

So I step aside and call the owner of the business that wrote the check. The owner has no idea why they want $5 to cash the check. She tells me to go ahead and cash it, just bring her a reciept and she'll give me the $5.

So, I go back to the teller. She gives me $145 and tells me to have a nice day. "Can I get a reciept please?" She looks bewildered. "A reciept for what?" she ask. "For the $5" I say. After a long conversation with the teller and eventually the branch manager, I get no receipt.

WTF is going on here? It's fucked up enough that you charge me $5 to cash a check that you are already charging someone else to handle. Now, you can't give me a reciept for services provided? Do you see what is going on here? These crooks are taking $5 a pop under the table to cash checks. They aren't recording the transaction as revenue from services provided. How many $5 fees is Wachovia collecting a day? Thousands of dollars? And not reporting it as a transcaction? Are they paying their taxes on this revenue?

Lousy, cheating, lying mother fuckers.

B of A has been doing that kind of thing as long as I can remember if you don't have an account with them.

 

[Big Black Dog]

I'm not entirely sure about this but I think any time somebody charges you a fee, which is in fact a sale, they are required by law to give you a receipt. Where are all the shade tree lawyers on this board?

 

[DiveCon]

Yes, the check was drawn on Wachovia. I went to Wachovia. Because I don't have an accoiunt there, they charge $5 to cash a check drawn on account that is theirs.

The only reciept they could give me showed $150 on it, for the cashed check. Nothing to reflect the damned $5 they charged me to cash it. The reciept they gave me makes it look like I walked out with $150 and they didn't take $5.

It looks like a real scam.

You should say that you cannot reconcile the money that you received with the amount listed on the receipt.

They either need to give you $150 cash, or they need to give you a receipt listing the $5 charge.

Otherwise, they can give you back the check.

I thought about asking for the check back. Didn't want to make a big scene out of it but the longer I thought about it, the more pissed off I got.

Now I want to find out how many banks are in this under the table check cahsing fee business.

first i've heard of them charging a fee to cash a check drawn on their own bank

 

[Sweet Willy]

A quick Google search turns up all kinds of bitching about this. Appears to be a fairly new policy at a number of banks.

short time ago I accepted a $300 personal check as partial payment for a vehicle. Rather than depositing the check in my B of A account, and running the risk of a bounced check charge from my bank if it failed to clear, I took it to Chase Bank, which it was drawn on to cash it. Since I was not a Chase customer, they nailed me for $5 to cash the check. Their rationale was that they were providing a service to a non-bank customer. In bit**ing about this to my friends, I was told that most, if not all banks have this rapacious policy. I am considering donning my Crusader Rabbit costume, and pursuing this with the AZ Banking Department and any other regulatory agency in the loop. Have I lost my mind?

$5 Charge to cash a check - Page 2

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A client paid me by check, drawn off a Wachovia Bank business account. I've had it for about a week now, and passing by a Wachovia branch today, I stopped to cash it.

Teller: "May I help you sir?"

Me: "Yes, someone has paid me through an account drawn from this bank and I'd like to cash the check."

Teller: "Do you have any ID?"

[HAND HER DRIVER'S LICENSE]

Teller: "Do you have another ID to back this one up?"

[HAND HER MY UNIVERSITY ID]

Teller: "Thank you very much, Mr. _______ (attempts my name and gets it correct).

Me: "Very good, <small talk here>."

Teller: "Now, I need to let you know that there's a $5 fee for cashing this check."

Me: "$5 fee, for what?"

Teller: "It's drawn off a business account and we charge $5 to cash checks drawn off a business account. If I write you a personal check, there would be no fee."

Me: "But what's the fee for?"

Teller: "To offset the costs of the account."

Me: "Look, I'm not arguing with you here, but what difference would it make in the processing of a check if it was a personal check or a business check? They're both handled the same way."

Teller: [INSERT ROBOTIC ANSWER HERE, USED TO DEFLECT INQUIRIES INTO RIPOFF FEES] You could avoid the fee by simply depositing it into your account.

Me: "I think I'll do that. When someone pays me $300, I want $300, not $295."

Teller: "I understand completely, that's why I mentioned the fee."

Me: [PLEASANTRIES, GOODBYE]


Then I go to my bank and they tell me that they do the same thing. Oh well, I just deposited it as usual for no fees.

What a fucing rip off. A fee to cash a fucing check. Fees, fees, fees.

$5 fee to cash a check? WTF? - SpeedGuide.net Broadband Community

Chase charges $5 to cash a check. My husband has an account with them and I went to cash a check he had written me. They said that there would be a $5 charge because I didn't have an account with them. I'm so cheap, LOL, I took the check back and just deposited it into my credit union.

Bank refused to cash check! (paycheck, suing, benefits, accounts) - Personal Finance - debt, loans, credit cards, banks, insurance... - Page 2 - City-Data Forum



What a rip off.

 

[DiveCon]

I just had a rather disturbing incident over at Wachovia bank.

I had a check for $150 someone wrote me for money they owed me. I stopped by their bank to cash it. The teller informs me there is a $5 charge to cash the check. I said "What? Wait a minute, this check is drawn on your bank." Teller still insist because I don't have an account there that I must pay $5 to cash the check. But wait, "don't you already charge these people to handle their money? And now you want to charge me too?" Teller simply reapts that if I want the check cashed, it's $5.

So I step aside and call the owner of the business that wrote the check. The owner has no idea why they want $5 to cash the check. She tells me to go ahead and cash it, just bring her a reciept and she'll give me the $5.

So, I go back to the teller. She gives me $145 and tells me to have a nice day. "Can I get a reciept please?" She looks bewildered. "A reciept for what?" she ask. "For the $5" I say. After a long conversation with the teller and eventually the branch manager, I get no receipt.

WTF is going on here? It's fucked up enough that you charge me $5 to cash a check that you are already charging someone else to handle. Now, you can't give me a reciept for services provided? Do you see what is going on here? These crooks are taking $5 a pop under the table to cash checks. They aren't recording the transaction as revenue from services provided. How many $5 fees is Wachovia collecting a day? Thousands of dollars? And not reporting it as a transcaction? Are they paying their taxes on this revenue?

Lousy, cheating, lying mother fuckers.

B of A has been doing that kind of thing as long as I can remember if you don't have an account with them.

even if the check was drawn on BofA?

 

[DiveCon]

A quick Google search turns up all kinds of bitching about this. Appears to be a fairly new policy at a number of banks.

short time ago I accepted a $300 personal check as partial payment for a vehicle. Rather than depositing the check in my B of A account, and running the risk of a bounced check charge from my bank if it failed to clear, I took it to Chase Bank, which it was drawn on to cash it. Since I was not a Chase customer, they nailed me for $5 to cash the check. Their rationale was that they were providing a service to a non-bank customer. In bit**ing about this to my friends, I was told that most, if not all banks have this rapacious policy. I am considering donning my Crusader Rabbit costume, and pursuing this with the AZ Banking Department and any other regulatory agency in the loop. Have I lost my mind?

$5 Charge to cash a check - Page 2

--------------------------------------------------------------------------------

A client paid me by check, drawn off a Wachovia Bank business account. I've had it for about a week now, and passing by a Wachovia branch today, I stopped to cash it.

Teller: "May I help you sir?"

Me: "Yes, someone has paid me through an account drawn from this bank and I'd like to cash the check."

Teller: "Do you have any ID?"

[HAND HER DRIVER'S LICENSE]

Teller: "Do you have another ID to back this one up?"

[HAND HER MY UNIVERSITY ID]

Teller: "Thank you very much, Mr. _______ (attempts my name and gets it correct).

Me: "Very good, <small talk here>."

Teller: "Now, I need to let you know that there's a $5 fee for cashing this check."

Me: "$5 fee, for what?"

Teller: "It's drawn off a business account and we charge $5 to cash checks drawn off a business account. If I write you a personal check, there would be no fee."

Me: "But what's the fee for?"

Teller: "To offset the costs of the account."

Me: "Look, I'm not arguing with you here, but what difference would it make in the processing of a check if it was a personal check or a business check? They're both handled the same way."

Teller: [INSERT ROBOTIC ANSWER HERE, USED TO DEFLECT INQUIRIES INTO RIPOFF FEES] You could avoid the fee by simply depositing it into your account.

Me: "I think I'll do that. When someone pays me $300, I want $300, not $295."

Teller: "I understand completely, that's why I mentioned the fee."

Me: [PLEASANTRIES, GOODBYE]


Then I go to my bank and they tell me that they do the same thing. Oh well, I just deposited it as usual for no fees.

What a fucing rip off. A fee to cash a fucing check. Fees, fees, fees.

$5 fee to cash a check? WTF? - SpeedGuide.net Broadband Community

Chase charges $5 to cash a check. My husband has an account with them and I went to cash a check he had written me. They said that there would be a $5 charge because I didn't have an account with them. I'm so cheap, LOL, I took the check back and just deposited it into my credit union.

Bank refused to cash check! (paycheck, suing, benefits, accounts) - Personal Finance - debt, loans, credit cards, banks, insurance... - Page 2 - City-Data Forum



What a rip off.

holy SHIT!!!!!!

this is SO wrong

 

[bodecea]

And banks, by holding your large deposits for a few days before allowing you to draw from them are really kiting....something you'd be in legal trouble for. For them, totally legal.

 

[DiveCon]

And banks, by holding your large deposits for a few days before allowing you to draw from them are really kiting....something you'd be in legal trouble for. For them, totally legal.

this is why i do direct deposit
i once had a bank tell me they could cash or deposit my payroll check because the date on it was for the next day(strange thing that they got our checks a day eary) but then i had written a post dated check to someone(a mix up at the place caused it to be sent in too eary) and they dinged my account for an over draft

 

[garyd]

Yep banks are instituting all kinds of new fees. And guess who owns most of them now. Your ever loving government and you wonder why it seems like a scam.

 

[Sweet Willy]

Yep banks are instituting all kinds of new fees. And guess who owns most of them now. Your ever loving government and you wonder why it seems like a scam.

According to Wachovia, BoA, Chase and BB&T, they've all been doing it for several years now. It wasn't caused by the bail outs. But you do always sound so cute when you blame the government!

 

[concept]

Fifth Third charges $8.