Every bank I know of still practices "float" whatever they call it or however they justify it. Key bank charges $7.00 to cash a check drawn on their bank if you don't have an account there. Put another way, if my customer pays me with a check drawn on Key Bank and I walk into their branch to cash it, they (Key Bank) charges me $7.00. That shouldn't even be legal! And B of A changes their ID policies almost as fast as they change their tellers.
Anybody wanna guess what your banker does with your personal credit info after hours when nobodies lookin' ? Sorta like one o' those voodoo dolls............
Face it folks they got you by the capital and they're pourin' the coals to your assets
On Feb 3, 2005, at 5:38 PM, Michael Allison wrote:
>
>
> Hi Nick,
>
> What you describe has happened to me on several occasions. Most banks
> would tell you the float is a
> thing of the past but Paypal proves otherwise. They have everyone by
> the tender parts and they know it,
> so a few more dollars is just what the doctor ordered. I got a Paypal
> debit card, so I can withdraw money
> without waiting or paying fees for checks.
>
> Michael Allison
> New York, NY
>
> _______________________________________________
>
>
Gene Powell
Rad Finishes
Portland, OR