? about EU banks

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Offline AllenG

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? about EU banks
« on: 19/08/2008 00:17:27 »
I've had an account at the locally owned bank for 30 or more years.  Recently it was purchased by a national chain.
Today I wrote our gardener his weekly check, and the bank refused to honor it because he did not have an account with them.
I was astonished to find out that this sort of lunacy is legal.  US banks do not have to provide any service to non customers, even honoring checks written on their accounts. 
The bank manager said the policy was for my protection because of the possibility of forgery.
Other new "for your protection" policies include: two forms of picture ID are required for any transaction, one must not only endorse a check but place their fingerprint on it, and in an attempt to "encourage" electronic banking there will now be a $3 fee to use a teller.
I am now researching new banks, but it seems this sort of treatment is becoming the norm (there will be a $25 fee to close each account, $10 fee for the bank to issue a check for my funds, and a $3 fee for the teller to hand me the check).

Is this sort of crap happening with banks in the EU?

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Offline Karen W.

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? about EU banks
« Reply #1 on: 19/08/2008 05:55:31 »
If you close your account and she hands you a check for your own money then how will you cash it with no account?


Take it out at the atm! LOL Then close it! LOL...

"Life is not measured by the number of Breaths we take, but by the moments that take our breath away."

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Offline Karen W.

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« Reply #2 on: 19/08/2008 05:57:45 »
I hate banks.. No longer bank because I can do a better job and be more cost effective without them charging for every new service they think I need!

"Life is not measured by the number of Breaths we take, but by the moments that take our breath away."

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Offline DoctorBeaver

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« Reply #3 on: 19/08/2008 18:44:03 »
The way banks behave these days is criminal. There is no other word for it. Their charges are legalised robbery.

There is actually a case going through the UK courts to establish whether their charges are, in fact, legal. I eagerly await the outcome. UK courts are not so beholden to big business as those of some other countries.
Fledgling science site at http://www.sciencefile.org/SF/content/view/54/98/ needs members and original articles. If you can help, please join.

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Offline JimBob

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« Reply #4 on: 20/08/2008 00:39:40 »
I must be getting soft in my dotage as today i seem to be agreeing with The Beaver.

Is Armageddon close or something?
The mind is like a parachute. It works best when open.  -- A. Einstein

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Offline Bored chemist

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« Reply #5 on: 20/08/2008 19:20:32 »
I don't think much of boxing (My ideas of sport don't include deliberately brain damaging your opponent) but what have you got against the guy?
http://en.wikipedia.org/wiki/Chris_Eubank
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Offline JimBob

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« Reply #6 on: 21/08/2008 02:56:45 »
Why don't you try starting a new thread or something VERY similar?

Or are you just too bored?
The mind is like a parachute. It works best when open.  -- A. Einstein

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Offline Bored chemist

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« Reply #7 on: 21/08/2008 06:53:52 »
I take it that you didn't get the joke.
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Offline AllenG

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« Reply #8 on: 21/08/2008 15:24:03 »

Shoulda gone with this Eubanks.

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Offline Carolyn

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« Reply #9 on: 21/08/2008 19:23:29 »
I take it that you didn't get the joke.

I thought it was funny. [:)]
Carolyn

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Offline Karen W.

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« Reply #10 on: 23/08/2008 17:18:07 »
It was funny!

"Life is not measured by the number of Breaths we take, but by the moments that take our breath away."