4 ms·
The US banks I worked with would just overdraw your account (up to an amount), then, overnight, reorder the transactions so the big ones came first and all the
by withinboredom 5y ago
The US banks I worked with would just overdraw your account (up to an amount), then, overnight, reorder the transactions so the big ones came first and all the little ones came “after” the account went negative and hit you with hundreds of dollars in overdraft fees. I don’t miss the early 2000s.
- BenjiWiebe 5y agoDon't they reorder transactions even when not overdrafted? I thought my bank did.
- withinboredom 5y agoThat’s because a bank got sued for it, and lost. The banks must now always reorder or keep it in the order it was received. I only bank with the latter ones.