4 ms·
Parent has already explained, but here are the steps. 1. Deposit check 2. Funds are made available to you 3. You withdraw the funds 4. The check is later marke
by stanleydrew 3y ago
Parent has already explained, but here are the steps.
1. Deposit check
2. Funds are made available to you
3. You withdraw the funds
4. The check is later marked as fraudulent and the payer bank attempts to claw back the funds, with your account balance at zero
- jstanley 3y agoIf you're withdrawing funds then it is not the case that the only thing you ever do is deposit cheques.
- e63f67dd-065b 3y agoA bank account to which money can only be added is not a very useful one.
- Brusco_RF 3y agoReminiscent of the write-only-memory[1] [1] https://repeater-builder.com/molotora/gontor/25120-bw.pdf https://repeater-builder.com/molotora/gontor/25120-bw.pdf