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Bank Account Site Visit
 

I wonder how common this is.

I make a bank account, and they want to actually visit the site of my office. It kind of just pisses me off, what if I'm working from home?

They want to see inside, operations, and everything. I never experienced this from one of the big banks, but a smaller one, yes.

Re: Bank Account Site Visit
 

I never heard of it and I wouldnt allow anyone in my house/office/ wherever. Which bank?

Re: Bank Account Site Visit
 

You are kidding. Right.

Re: Bank Account Site Visit
 

Only had banks visit when financing or refinancing a property. Any other reason i would tell them to get a f***ing warrant and take my business elsewhere.=}

Re: Bank Account Site Visit
 

Great, I thought it was only me who was dumb. They said it's "protecting themselves".

This is at M&T Bank, it's their policy. I highly suggest not using them.

Re: Bank Account Site Visit
 

Was this a business bank account you were trying to set up?

If it wasn't and they thought you would be using a personal account for business purposes, that could be why they questioned you.

Regardless, I would immediately close the account and bank elsewhere.

Bank Account Site Visit
 

Out of curiosity, is your business address in a newly built area?, I would of thought maybe they couldn't find you on their database so wanted to make a physical visit check.

Even though it is their policy, I doubt they do this to every customer, it would be tedious and costly for the most part. Something must have triggered them to ask to see physical location.

Re: Bank Account Site Visit
 

I tried M&T once, nothing but problems with them. At first, they were heavily overcharging fees (it wasn't just me who had this problem and apparently they got into legal trouble). Then they kept bothering me with additional calls and mail. One of the worst banks I ever used, would never go back to them.

Re: Bank Account Site Visit
 

This is silly unless you are asking for big business loan - wow.

Re: Bank Account Site Visit
 

Should've gave them a McDonald's address.

Re: Bank Account Site Visit
 

Tell them to go **** themselves, or start charging ticket money for entry- Both very valid options in my opinion.