The YAN-3 Fund.

[Mystikal]

Who lets a car go without guaranteed funds for it? If the bank is holding the cheque (sorry, check, I'm Canadian), that means they don't have sufficient evidence to show that the instrument is guaranteed and are not willing to take the risk on it not clearing. A risk of having to get money back from you, a person whom they have social security, address, history, and other confident means to collect back from you. It's too risky for them. And you let a car go with that same instrument and information attached to it?

That kid could have a free "$8k" E30 right now. This decision was more reckless than anything you did up to now in my opinion, especially since you're not only fucking with your own money, but that of the public also. This could all work out as if you didn't just make a gigantic mistake, but regardless of the result, it was a mistake.

[rcsoundn1]

So whats your new DD?

[Jand3rson]

Nah, He's gonna pay Yan this time. I just know it.

Quoted for reference in a day or two's time when I do and pay the screenshot of the transaction from PayPal.

Just because.

:up:

[Ether-D]

Nah, He's gonna pay Yan this time. I just know it.

[dsphil]

I would be lying if I said this didn't cross my mind a few times.

So it not just me. If he can come up with a hacking story, I am sure he can come up with something like this..

[dsphil]

Can we please stop bumping this thread until Josh pays up and Yan confirms?

I'll keep a note to remind me to bump this post in 3 years.

[DrJosh]

Cashier's check clear faster than regular checks because bank certified it. The last thing we want op to post is something wrong with the cashier's check and he became a victim of check fraud, then create a new Fund me post.

I would be lying if I said this didn't cross my mind a few times.

[dsphil]

Cashier's check clear faster than regular checks because bank certified it. The last thing we want op to post is something wrong with the cashier's check and he became a victim of check fraud, then create a new Fund me post. I don't see why he took 4 days just to deposit the check. Funny how this became a banking topic.

[2mAn]

The Bank has to have 10% of its deposits available in cash reserves, but the fact is they keep a minimal amount because of the risk of being robbed. Theres a lot more to what goes on, but I cant really disclose that.

*Ive worked in banking for over 10 years*

[BobombETA]

Bingo. Like the government does with income tax all year.



This is absolutely false. That is your money, you have the right to remove it all as cash if you'd like. The bank is however required to notify the IRS for withdraws totaling $10,000 in a day.

I was referring to the hoops that need to be jumped through... ie: CTR filing.

[ST1G]

$10k cash? no, but I got $7k before. I'm sure they have more than $10k in the vault.

I also wrote myself a check for $3500 and tried to deposit it into a bank once. I had to wait 7 days and they could easily have verified that the funds were legit. It doesn't take a week to move 1's and 0's from one account to the next, what they are doing is holding the funds and collecting interest on them while screwing the customers over.

Bingo. Like the government does with income tax all year.

The over 10k cash thing is federal law though, no way around that one.

This is absolutely false. That is your money, you have the right to remove it all as cash if you'd like. The bank is however required to notify the IRS for withdraws totaling $10,000 in a day.

[rcsoundn1]

If I screwed up, Ill accept the draft fees, but they would take back a deposit, then cash a check, then hit me with fees then deposit my check.

[Jand3rson]

Yep guys, still waiting for the funds to be available.

As I'm sure will come as no surprise to some, I have had issues with my bank account in the past, and I'm sure they're just taking their time. That, and Bank of America is... just awful.

[ThatOneEuroE30]

Yea got hit with that bull shit once. Got overdrafted by a couple bucks and they charged me over 60 in overdraft fees I was pissed

[nando]

The banks got in trouble for that (well, a slap on the wrist). BoA did that to me back in the day too. They would be able to basically charge you overdraft fees on overdraft fees. A couple times it happened when I had lots of cash in my savings account - while the CU will just transfer it from savings if there's not enough in checking.