WAY O/T , IM FUMING AND WANT ADVICE.

[Got Juice]

i need to see what i can do about this...

my brother wrote me a check for 700$ last week. i deposited it into my checking account, it cleared and i used my check card for some purchases...

a few days later they decide he doesnt have the money in his account so they take it BACK out of my account... my paycheck doesnt get entered until thursday night so i had no money in my checking... then they charge my 120$ in overdraft fee's.. how is this my fault? dont put the fu***** money in my account if its not there for me to spend.. man i could seriously strangle someone at the damn bank right now.. at first they just charged me 40$ and i was going to let it slide because it wasnt enough to hassle with, then i just checked online banking and there was another 80$ charge.. its funny to the purchases were for like 2$ and 5$, then they are going to charge me 20$ per transaction!!!!

 

[Biggeezie]

Did they put a hold on the cheque when you deposited or did they just put it in your account without a hold??

If they didnt put a hold then this is why: They think of you as a good customer and have probably seen regular cheques being deposited into your account and cleared without a problem so instead of always putting a hold on your deposits they would just put them in without a hold. Now it takes about 2-3 business days for a cheque to clear so until then no one really knows if it will bounce or not.

Banks put holds on new customers because it is a security issue being that if they give them access to the funds without knowing if it is gonna clear or not and they run off with the cash then the bank loses out on those funds that they gave your access to. Again, because you are probably a good customer in their eyes they just gave you access to the funds but it is supposed to be common sense as they would say that if the cheque bounces, which it did, then you would have to cover it. It is their slimy way of getting people to pay their service fees and in your case it is $120.00.

Whenver I deposit a cheque into my account and its not on hold I dont touch those funds for at least a week just in case because if it bounces then I am stuck paying it back and a service charge.

Why didnt you ask your brother if there would be a problem clearing this way it could of all been avoided.

 

[Got Juice]

you bastard, you sounds exactly like a bank, im sure they will give me the same mumbo jumbo.. lol

when someone writes me a check i typically assume they have the funds available or else the would post date the check or something... im not going to go after my brother for 120$ i would feel like a douche bag.. i think he just miscalcualted he account and this happened.. he dropped me off cash yesterday to cover it, but now im -120...

they did deposit it immediately, it was in the next day after 2pm like usual..

im hoping they will see its not neglegance on my part and reimburse me my money.. thing is it took OVER a week for them to kick it back..

IMO, they should go after the check write and not me.. im just using MY money...

 

[rAJJIN]

Thats how the banks make there money..There theives.
The Only chance youll have is going in and talking to the president of the bank which he probably will not help.

I Just Had it OUT with my bank over something simm. Fuggers!
I told them I dont want this overdraft bullshit if theres not money in there I dont want it to be able to be Taken Out!!! they do this Just so they can screw you on the Fees. I dont trust em one bit..I Only keep the Minn amount I need in ther and Ive tried to Eliminate ANY Drafts for payments from my card.. (tanning was about all I had drafted out....the only payment they would accept so they could Rip me off also!) Fucc that direct deposit and Drafting Money out of your acount..Ill never do either of these again.

what recently happen to me was this Tann Co. Kept Trying to sell Me upgrades and lotions EVERY DAY! I got tired of it...Finally one day the Pretty boy Manager is at the desk and Gives me his line of sales Bullshit...
(Q) Woulkd you like to upgrade.. (A) No Thanks. (Q) Do you have your lotion or would you be intersted in purchasing some..(A) NO
(Q) Do you have your eyewear (A) Yes (Q) well can I see it then
(A) (Im burning Madd at this point) I tell him to Go ahead and cancel my Tanning membership..also My Wifes, we Have mixed words and its all I can do Not to Lose it...

anyhow long story short this queer manager does fill out the papaers and Cancle both of our tanning memberships (which were paid by a draft out of my acount) Well... I still had 10 days or so Left I had paid for in advance..
(you pay 1 month in advance) BUT get this shit...40 Days later
the Tann co. Drafts my acount! I had taken all money out of there JUST so they couldnt do this or try to do this!! well the banks runs it through
Gives the fucking tann co the money and charges me some Fees
Fuck that bank and Fuck that Queers ass Tan co.
They stole from me then MY bank charges me for it. Still Pisses me off to this day.

 

[Biggeezie]

Well truly it wasnt your money as of yet, it is only yours when it is cleared. It may have taken over a week because of where the branch he deals with is located and because they were slow with processing it. That is why I leave the funds in there for at least a week until I use it just in case it bounces because it can take longer to clear that is why banks put 5 business day holds on cheque deposits so it has enough time to clear.

Just go into your bank and speak with your "personal Banker" or whomever you deal with that you know well and explain the whole scenerio to them and if the know you and feel that you are a good customer than they will reverse it all. If not then threaten them and tell them that you will take all your business elsewhere as you feel like you are being treated and someone who just opened an account there. You have been there for X amount of years and have never had a cheque bounce before and if you have a credit card with them explain that you are always on time with paying that and so on. If you can pull it off then give them a story of how you were just planning on buying a house and was gonna use them for a mortgage but will now take all your business to somewhere else that will treat you better. (Keep in mind that banks make all their money off of interest and mostly from Mortgages)

Just feed them a bunch of crap.

Anyhow I hope this helps and good luck brother!!

 

[Biggeezie]

Thats how the banks make there money..There theives.
The Only chance youll have is going in and talking to the president of the bank which he probably will not help.

I Just Had it OUT with my bank over something simm. Fuggers!
I told them I dont want this overdraft bullshit if theres not money in there I dont want it to be able to be Taken Out!!! they do this Just so they can screw you on the Fees. I dont trust em one bit..I Only keep the Minn amount I need in ther and Ive tried to Eliminate ANY Drafts for payments from my card.. (tanning was about all I had drafted out....the only payment they would accept so they could Rip me off also!) Fucc that direct deposit and Drafting Money out of your acount..Ill never do either of these again.

what recently happen to me was this Tann Co. Kept Trying to sell Me upgrades and lotions EVERY DAY! I got tired of it...Finally one day the Pretty boy Manager is at the desk and Gives me his line of sales Bullshit...
(Q) Woulkd you like to upgrade.. (A) No Thanks. (Q) Do you have your lotion or would you be intersted in purchasing some..(A) NO
(Q) Do you have your eyewear (A) Yes (Q) well can I see it then
(A) (Im burning Madd at this point) I tell him to Go ahead and cancel my Tanning membership..also My Wifes, we Have mixed words and its all I can do Not to Lose it...

anyhow long story short this queer manager does fill out the papaers and Cancle both of our tanning memberships (which were paid by a draft out of my acount) Well... I still had 10 days or so Left I had paid for in advance..
(you pay 1 month in advance) BUT get this shit...40 Days later
the Tann co. Drafts my acount! I had taken all money out of there JUST so they couldnt do this or try to do this!! well the banks runs it through
Gives the fucking tann co the money and charges me some Fees
Fuck that bank and Fuck that Queers ass Tan co.
They stole from me then MY bank charges me for it. Still Pisses me off to this day.

Why didnt you put a hold on the account or stop the draft?? Usually if you have a recipt for your draft, the bank can look it up too cause they have arecord of it, you just go to the bank and have them put a STOP PAYMENT or CANCEL the draft to that particular person so that when it goes to get cleared that message will be there and they wont release the funds to whomever you gave the draft to.

 

[rAJJIN]

Why didnt you put a hold on the account or stop the draft?? Usually if you have a recipt for your draft, the bank can look it up too cause they have arecord of it, you just go to the bank and have them put a STOP PAYMENT or CANCEL the draft to that particular person so that when it goes to get cleared that message will be there and they wont release the funds to whomever you gave the draft to.

I tried that brother...I called and told them in ADVANCE that I did NOT want this tann company to Ever be able to draft ANY money out of my acount again.

they told me if its a Draft off my Visa Debit card theres nothing that they can do.
They have some type of agreement made with Visa...htesers no such thing
as a stop Payment when you are drafting from your card like that.
They Said I will have to come in, show My copy of the receipts off when I canceled and File some type of paperwork (Cant remember exactly what she called it)

So I still have this refund check from the Tann company (40.00)
and My Copys of the peperwork from the Tann company signed and dated
of the day I canceled.. I ahve to Now tale all this shit in to the bank
and hassle with it. Almost easier to pay the damn fees But Im not going to...
Not because its a large amount of money, hell its a small amount...BUT its the Idea of How they Both did me. My Own Bank couldnt Stop them from running it thru

 

[Got Juice]

Thats how the banks make there money..There theives.
The Only chance youll have is going in and talking to the president of the bank which he probably will not help.

I Just Had it OUT with my bank over something simm. Fuggers!
I told them I dont want this overdraft bullshit if theres not money in there I dont want it to be able to be Taken Out!!! they do this Just so they can screw you on the Fees. I dont trust em one bit..I Only keep the Minn amount I need in ther and Ive tried to Eliminate ANY Drafts for payments from my card.. (tanning was about all I had drafted out....the only payment they would accept so they could Rip me off also!) Fucc that direct deposit and Drafting Money out of your acount..Ill never do either of these again.

what recently happen to me was this Tann Co. Kept Trying to sell Me upgrades and lotions EVERY DAY! I got tired of it...Finally one day the Pretty boy Manager is at the desk and Gives me his line of sales Bullshit...
(Q) Woulkd you like to upgrade.. (A) No Thanks. (Q) Do you have your lotion or would you be intersted in purchasing some..(A) NO
(Q) Do you have your eyewear (A) Yes (Q) well can I see it then
(A) (Im burning Madd at this point) I tell him to Go ahead and cancel my Tanning membership..also My Wifes, we Have mixed words and its all I can do Not to Lose it...

anyhow long story short this queer manager does fill out the papaers and Cancle both of our tanning memberships (which were paid by a draft out of my acount) Well... I still had 10 days or so Left I had paid for in advance..
(you pay 1 month in advance) BUT get this shit...40 Days later
the Tann co. Drafts my acount! I had taken all money out of there JUST so they couldnt do this or try to do this!! well the banks runs it through
Gives the fucking tann co the money and charges me some Fees
Fuck that bank and Fuck that Queers ass Tan co.
They stole from me then MY bank charges me for it. Still Pisses me off to this day.

HAHA,,, dont yeah just love it when you try to stick it to someone and it comes back to bite yeah in the ass, thats happened to me a few times...

i bank at a large bank so im going to call the number tomorrow, the are closed today, and see if they will remove the fees.. if that doesnt work then ill head inside the bank and go from there.. btw, if you see any banks being shot up in the midwest look for me..haha

 

[haze324]

Hey man, something similar happend to my girlfriend one time....she bought a pack of gum, some lunch, 10 bucks in gas etc. and each one was hit for 20.00 I called the bank, spoke to a supervisor and told him that was bullshit. If she didn't have funds for a pack of gum and you tacked on 20.00 bucks why the fuck would you continue to approve purchases. They were setting her up for failure knowing she didn't have any funds. I told him we would pay the first 20.00 when she over drafted, but that the bank should not to continue to approve unfunded transactions. He told me it was because transactions posted after 24hours blah,blah,blah. I told him that was still bullshit. After being on the phone for an hour - we just paid the first fee and were told next time we'd have to pay them all.

Good luck.....get ready for the bank mumbo jumbo

 

[haze324]

Raj - you should be able to dispute the charge with your bank. I've had to do this before. Cancelled hotel reservations and the hotel charges me anyway. It happend during Hurricane Wilma and the hotel was closed for over 2 weeks so instead of getting a refund from them I called the bank. They put the money right away in my account and then got the refund themselves.

 

[BigBoyJ]

Talk to the bank president. Tell him you've watched him pull into the parking lot in the morning. Tell him you like that pretty mercedes he drives. Tell him you followed him home one day and that gated mansion looks pretty secure, but you think you found a flaw in the security system. Let him know how pretty you think his wife is. Tell him his daughters are hot too. Then, let him know you 'd like the fees removed..............

 

[Got Juice]

HAHAHA,, BBJ, i think that might be the easiest way to get them removed.. lol

he would probably answer.. YES SIR, I WILL GET THEM REMOVED FOR YOU IMMEDIATELY SIR. IS THERE ANYTHING ELSE I CAN HELP YOU WITH TODAY SIR? HAVE A NICE DAY, SIR.. hhaha

 

[JETHRO TULL]

YES...THAT'S A PISSER!

ONE TIME I SENT MEREDITH TO THE BANK TO CASH ONE OF MY CHECKS. IT WAS FOR 757$...WELL, THE TELLER GAVE HER 575$ MY GIRL CALLS ALL UPSET..I CALL THE BANK...AND THEY DENY RESPONSIBILITY..AND ACTUALLY SAY.."MAYBE YOUR GIRLFRIEND TOOK THE MONEY AND HAD HER HAIR DONE"....I WASN'T TOO HAPPY.

WE BOTH WENT IN..I TALKED TO THE BANK MANAGER AND MADE IT CLEAR THAT MY GIRLFRIEND DOESN'T NEED MY MONEY TO GET HER HAIR DONE....SHE'S THE ONE WITH THE LAND, CATTLE AND FAT ASSED BANK ACCOUNT.

TURNS OUT THE TELLER WAS A GIRL WHO HAD WANTED TO GO OUT WITH ME..AND I HADN'T BEEN INTERESTED. PLUS, THIS SAME GAL HADN'T FOLLOWED PROCEDURE AND HAD NOT IMMEDIATELY CALLED THE MANAGER WHEN MY GIRL CLAIMED THE MONEY WAS WRONG AT THE DRIVE THROUGH WINDOW.

WE GOT OUR MONEY BACK.

 

[JustWannaBeHuge]

I tried that brother...I called and told them in ADVANCE that I did NOT want this tann company to Ever be able to draft ANY money out of my acount again.

they told me if its a Draft off my Visa Debit card theres nothing that they can do.
They have some type of agreement made with Visa...htesers no such thing
as a stop Payment when you are drafting from your card like that.
They Said I will have to come in, show My copy of the receipts off when I canceled and File some type of paperwork (Cant remember exactly what she called it)

So I still have this refund check from the Tann company (40.00)
and My Copys of the peperwork from the Tann company signed and dated
of the day I canceled.. I ahve to Now tale all this shit in to the bank
and hassle with it. Almost easier to pay the damn fees But Im not going to...
Not because its a large amount of money, hell its a small amount...BUT its the Idea of How they Both did me. My Own Bank couldnt Stop them from running it thru

since you said it was a Visa Bank card, I'm going to "assume" that you used the credit card option and not the debit card. If so, there is a dispute process.

Trust me, I worked for one of the largest credit card processing companies in the world for over two years. Call your bank's customer service, have the information ready, and file a dispute aka. chargeback.
Under Visa and MasterCard's Rules and Regulations you have EVERY right to file the dispute for an unauthorized transaction. The bank CANNOT tell you that you have lost that right to file a chargeback. If for some reason the customer service agent doesn't have a clue what is going on, request to speak with a supervisor.

When speaking with a cus. srvc rep or manager, make sure that you inform them that you do understand Visa's rules for filing a dispute for non authorized payment taken from your credit card. It shouldn't even get to this point as the c.s. rep should be able to do the paperwork or connect you over to their chargeback dept (if it's a seperate dept anyway, depends on the bank).

If you need any information, just contact me via PM, or email. like I said, I worked for over 2 years working for a processing company. It's VERY easy to get your money back with a chargeback.

a link to visa's website, you can also do a search for "chargebacK" if this link doesn't work.
http://usa.visa.com/business/accepting_visa/ops_risk_management/chargebacks_dispute_resolution/index.html?it=l2|/business/accepting_visa/ops_risk_management/chargebacks_dispute_resolution/chargeback_cycle%2Ehtml|Chargebacks%20%26amp;%20Dispute%20Resolution

 

[rAJJIN]

JW, yes thats what it was..File a dispute.
Man its not a visa credit card but Just a Bank debit card...But I guess its somehow has to do with Visa? Not sure how all that works.
I do know it was just being drafted out of my acount...Not charged and No interest charges etc,Just a atm card.

My main point was just to go along with What Gotjuice is saying
and How banks work...They love to stick you with fees! The whole reason they have that overdraft Bs. Kind of a shady way to do bussiness I think.
Thats how it is though what can you do... I prefer to keep my funds in a safe...that way I have complete controll of who can Dip there paws into it

 

[JustWannaBeHuge]

JW, yes thats what it was..File a dispute.
Man its not a visa credit card but Just a Bank debit card...But I guess its somehow has to do with Visa? Not sure how all that works.
I do know it was just being drafted out of my acount...Not charged and No interest charges etc,Just a atm card.

My main point was just to go along with What Gotjuice is saying
and How banks work...They love to stick you with fees! The whole reason they have that overdraft Bs. Kind of a shady way to do bussiness I think.
Thats how it is though what can you do... I prefer to keep my funds in a safe...that way I have complete controll of who can Dip there paws into it

ah ok, gotcha.

just so everyone knows tho, if it's a bank debit card, as long as it has a Visa or MasterCard logo. You have ALL the protections that a normal credit card has. now if you use the debit card option, you're basically throwing all your protection out the window when you type in your pin number. just a fyi. =)

 

[rAJJIN]

ah ok, gotcha.

just so everyone knows tho, if it's a bank debit card, as long as it has a Visa or MasterCard logo. You have ALL the protections that a normal credit card has. now if you use the debit card option, you're basically throwing all your protection out the window when you type in your pin number. just a fyi. =)

I didnt know that... thats deffinatley a good thing to know.
Thanks again JWBH!

 

[Ashop]

i need to see what i can do about this...

my brother wrote me a check for 700$ last week. i deposited it into my checking account, it cleared and i used my check card for some purchases...

a few days later they decide he doesnt have the money in his account so they take it BACK out of my account... my paycheck doesnt get entered until thursday night so i had no money in my checking... then they charge my 120$ in overdraft fee's.. how is this my fault? dont put the fu***** money in my account if its not there for me to spend.. man i could seriously strangle someone at the damn bank right now.. at first they just charged me 40$ and i was going to let it slide because it wasnt enough to hassle with, then i just checked online banking and there was another 80$ charge.. its funny to the purchases were for like 2$ and 5$, then they are going to charge me 20$ per transaction!!!!

Sounds like I would change banks.

 

[Biggeezie]

I tried that brother...I called and told them in ADVANCE that I did NOT want this tann company to Ever be able to draft ANY money out of my acount again.

they told me if its a Draft off my Visa Debit card theres nothing that they can do.
They have some type of agreement made with Visa...htesers no such thing
as a stop Payment when you are drafting from your card like that.
They Said I will have to come in, show My copy of the receipts off when I canceled and File some type of paperwork (Cant remember exactly what she called it)

So I still have this refund check from the Tann company (40.00)
and My Copys of the peperwork from the Tann company signed and dated
of the day I canceled.. I ahve to Now tale all this shit in to the bank
and hassle with it. Almost easier to pay the damn fees But Im not going to...
Not because its a large amount of money, hell its a small amount...BUT its the Idea of How they Both did me. My Own Bank couldnt Stop them from running it thru

Well one thing to keep in mind is that banks are very lazy and dont like to do extra work let alone go that extra mile. They can "Stop Payment" on anything whether it be a draft, cheque, money order......... they just say "NO" because it is so much paper work and assume that it is your fault and hate doing it.

Anyhow if it is a Credit Card that they have an agreement with as you said then all you have to do is say your card got stolen or request to get a new card with a new number on it so that any direct withdrawl from your Visa can no longer go through unless they have that new number on your Visa card. Remember that any payment whether it be a monthly withdrawl for your gym membership on your Visa goes through when they bill it to the Visa company with the Number they have on your card. Now if you change that number it no longer exists so the only way your gym could charge your Visa again is if you give them that new Visa number.

Hope this helps!!

 

[Coopie]

Most electronic transactions are processed through ACH (Automated Clearing House). ACH cannot, let me write that again, CANNOT stop a check or a charge from posting to your account. It is all handled electronically and if the system were to have the ability to preemptively stop charges or debits then we'd still have to wait for "clearance times".

Got Juice - it sounds like your brother did not have sufficient funds in his account and his check bounced, therefore your bank had to take the $ back from you. Your bank most likely made the funds available to you immediately as a courtesy, and was waiting for payment from your brother's bank. When that payment was rejected due to insufficient funds you got nailed. It's not the bank's fault - they were actually giving you an interest free loan ono the $ and if your brother didn't bounce the check, you would have been happy with that.

Also, just to clarify, Bigeezie, since most transactions these days are electronic, credit card companies WILL grant approval to charge your card from merchants/vendors that yo've already pre-authorized to charge you such as: your gym, your cell phone company, your auto insurance, etc. The logic is that it would be too inconvenient for you to notify possible dozens of merchants who bill your card monthly - it's a convenience. You would have to notify the bank to disallow a merchant from continuously billing you. Saying your card was lost/stolen will not work. All pre-approved charges will convert to the new card and bill the new account number.