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Walked into a Chase branch with a $43,000 Wells Fargo insurance claim check. Informed there’d be a 10-day hold. I exploded. (I didn’t need the $ immediately.
by aj7 7y ago
Walked into a Chase branch with a $43,000 Wells Fargo insurance claim check. Informed there’d be a 10-day hold. I exploded. (I didn’t need the $ immediately. It was the principal of the thing.) Went back to the car and drove 1000 feet over to the WF branch. Same crap. 10 days. Even if I opened a WF account with a WF CHECK! Went back to Chase, giving up. Silver lining. I manage all my cash better today. It’s hand to hand combat, so you get good at it.
- bullfightonmars 7y agoThis is most likely relates to the Bank Secrecy Act and IRS regulations for deposits over 10k. https://en.m.wikipedia.org/wiki/Bank_Secrecy_Act https://en.m.wikipedia.org/wiki/Bank_Secrecy_Act