Bank Woes

[grsthegreat]

Who uses checks anymore..? As old fashioned as I am it’s very rare that I write an actual check.

My computer prints all my checks.....I have not hand written a check in over 10 years or more.

 

[MoKelly]

Who uses checks anymore..? As old fashioned as I am it’s very rare that I write an actual check.

I’m seeing more and more places charging an extra 3% for credit cards. If that’s the case, I’ll use a check. I do not carry much cash. I do not use Apple Pay or that electronic stuff.

MoKelly

 

[grsthegreat]

It used to be against the law to charge more for credit card, however you can have a discount for cash. Try to figure that out.

now days, as long as you spell out that credit charges more than, and how much more, it’s ok to do so.

when i swipe a customers card, I get charged 2.7%. Thats just life

 

[plowhog]

Ive been with Wells Fargo for over 20 years, and have never seen a single bank charge except for safe deposit box. But I have a rather large balance at all times.

I have a personal and business accounts with Wells Fargo. Except for one period, I haven't seen any fees.

When we built our residence, we went about $200k over budget. Using that cash to pay the construction upgrades drew down my balance down. Then all sorts of "garbage fees" started popping up.

My balance later went up again. All the fees stopped. I never spoke to anyone about it, so I presume that WF has certain pre-set balances required to keep those pesky fees at bay.

 

[Diggin It]

I can't figure out why bank websites seem to have been created by high school kids. They seem loaded up with whirling, scrolling, wiggling things and goofy color schemes. Chase still looks fairly professional and USAA is in transition to something, but I'm not sure what. TIAA used to be good, but has gone to easter egg colors and the loss in function I mentioned above.

One of the locals I looked at was full of slogans and catchphrases, like it had been done by a Pep Squad. Another local tells you very little about the bank and won't let you open an account on the web.

 

[PILOON]

On checks---
I once (many moons back) just for giggles wrote out a check to my wife for $1,00. on TP.
Yes, kid U not!
Well it cleared and I still have it laminated in plastic, just for fun.
(LOL, she kept the $1.00)

 

[pmsmechanic]

My buddy bought a field sprayer. He wrote out he check and then handed it to the owner of the farm dealership that sold him the sprayer and said "You sign this and lets see what happens". So the dealer signed it with his own signature. The cheque cleared the bank with the wrong signature on it. My buddy changed banks.

 

[MoKelly]

My buddy bought a field sprayer. He wrote out he check and then handed it to the owner of the farm dealership that sold him the sprayer and said "You sign this and lets see what happens". So the dealer signed it with his own signature. The cheque cleared the bank with the wrong signature on it. My buddy changed banks.

Is there any bank in the world that checks manual signatures. How in the world could that be done? It’d be hugely labor intensive.

Do you have automated signature verification? If so, then there is a problem.

MoKelly

 

[JethroB]

A senior VP at Wells Fargo once told me verification is not done and is impossible. No signature might throw up a flag.

I remember as a teenager with my first checking account my bank calling me because I forgot to sign a check. I ok’d it over the phone. Probably $5.

 

[SouthernSky]

I once wrote my dad a check a million dollars. On the back I wrote, “This check is void 30 seconds after reading this.”

I sign Disney character names on all those credit card machines at the stores. I’ve never been questioned.