posted on Sep, 4 2009 @ 03:58 PM
reply to post by DaddyBare
Banks have some insane policies like for instance a five dollar fee to cash a check drawn on a bank at a bank where you are not an account holder but
simply a payee.
I never pay this fee because I tell them the truth. The Bank has a contractual obligation to cash the check as it is an instrument of debt and a
contract between the check writer and me the check payee. The Bank has a contract with the account holder to cash his checks when presented, and no
where in that contract is an agreement between the account holder and the bank to allow the bank to try to extort money from me for simply doing what
it's already been paid and contracted to do.
It's very rare I have to explain it to a supervisor but by the time I get done they always wave the fee.
Same thing with special lines for non-account holders. They don't have a contractual agreement with anyone to legally allow them to segregate the
people they are once again already paid to provide a service too.
Banks that want to hold you accountable to time when it comes to your deposits and debits regardless of whether funds have actually changed hands but
want to be able to ignore time themselves to post transactions from highest to lowest no matter what time they were made to create extra overdraft
charges. Same thing, not in the Contract.
The only way to beat and handle these extortionists is by understanding the imporantance of the Contracts that bind them legally in a court of law and
letting them know you love courts of law and know your contracts which is why you love courts of law and would love to talk to them about these things
in a court of law in front of a judge and a jury.
With the contracts on the table entered as evidence, and the actions and things they try to extort fees with documented and entered as evidence.
Banks have a license to steal from the under educated, when you let them know, you know your rights, and what is in the contract and you won't be
tricked into going along and paying those fees or suffering those inconveniences their stories change and so do their actions.
People need to learn their rights and stand up for them, or sit down for them if you are wheel chair bound.
[edit on 4/9/09 by ProtoplasmicTraveler]