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It shocked me that Bank of America would deliver box of checks that were just dumped on my porch. I found them 3 days after I got email they were delivered in t
by joering2 7y ago
It shocked me that Bank of America would deliver box of checks that were just dumped on my porch. I found them 3 days after I got email they were delivered in the bush next to front door. I remember years ago I had to be present home and DHL came and required ID/signature to receive those. That was 2014. In 2020 I guess they saving extra money. Fun fact - there is over $8MM in the corp account that these checks could cover.
- toast0 7y agoIt would seem to worth looking into positive pay --- the idea is you send a daily file with the checks written, and BofA will automatically clear anything in the file, and exceptions would be sent to you for review (or maybe just rejected). It's a common feature for corporate accounts, because it eliminates check modification fraud.
- PhantomGremlin 7y agoFWIW a number of years ago Wells Fargo was willing to have my refill checks sent to the bank branch where I could pick them up. Don't know if banks do that sort of thing anymore. If not, then WTF is the point of "branches"? If they don't provide any value added then they are just expensive real estate and warm bodies. Of course in hindsight in Wells Fargo's case we know that those warm bodies were expected to push all sorts of ancillary products on customers (they never did that with me).