3 ms·
You really want to work yourself into a frenzy about minor inconveniences, huh? You’re so hyperbolic here that you sound like you’re basically making stuff up.
by dpark 7y ago
You really want to work yourself into a frenzy about minor inconveniences, huh? You’re so hyperbolic here that you sound like you’re basically making stuff up.
> You buy one thing out of the ordinary (like a $3000 downpayment for a motorcycle) and immediately get 5 texts, 10 emails, and 2 phone calls. YO did you do that?
First, dropping 3 grand at a motorcycle dealership is extremely out of the ordinary for most people. Second, my money says you got exactly one text, one email, and either one or zero calls. It makes perfect sense that they’d want to do the fraud check here. It also makes sense that they’d use multiple means of contact to reach you quickly.
As for the girlfriend blacklisting story, I don’t know if you’ve just horribly mangled this story or what. It doesn’t make sense. If you deposit a check, there is no potential fraudulent withdrawal from your account. Also, a bank cannot randomly close your accounts and “blacklist” you. They are holding your money. Stealing money from your depositors is generally frowned upon from a regulatory standpoint.
- NewsAware 7y agoI didn't understand the gist of the GP to criticize bank actions, but wanting to point out that banks do indeed have alarm systems in place beyond simple IP-change rules.
- joshjje 7y agoSome do. Many do not.
- deleted 7y ago[deleted]
- Swizec 7y agoYes it’s obviously hyperbole. My point was that banks do have security practices in place that go beyond weird password rules. The girlfriend story unfortunately did happen. The part I left out was that the cheque bounced despite being from a reputable company – most likely an HR system glitch. This leaves the bank with 2 options: This person is doing something shady, or the big company that successfully pays thousands of cheques per day is being shady. Guess which one the machine learning algos say is more likely :) PS: when you sign the back of a cheque you become legally liable for that cheque not bouncing. If it does bounce, the law says you are committing fraud. The bank is therefore within their right to stop all service (they do send you your money back after killing your accounts) That was a fun lesson to learn