Uhhh....guys?

[Giardino]

I called them, they said they were closing the account because it raised red flags in their "fraud department"??? What the hell? I just opened this account...

I can't talk to anyone about it because all of their offices are closed for the weekend...

http://i.imgur.com/PUaXr.jpg

[jeffweico]

What do you expect will happen when you try to defraud the bank for $999,999,999.00?


Which bank? If you don't mind answering, of course.

[Giardino]

Suntrust =/ the only thing I did with the account is link it to paypal T_T

[GreenBean]

HolyCr*P Robin, I said not to be NEGATIVE not gnuts.

Shall add more after i return from Emergency room for RX for cracked ribs

[jeffweico]

Originally Posted by Giardino

Suntrust =/ the only thing I did with the account is link it to paypal T_T

That is disturbing, as Suntrust is considered one of the "good" banks.

That billion dollar thing, I have seen before. Many years ago, when ATM's sere first being installed, I tried to withdraw $50 from an acount that had about $300 or so in it. It declined, but told me my available balance was $999,999,999.99.

I took the receipt into the bank the following Monday. I joked that I wanted to make a withdrawal. After explaining to the police that I was only kidding, the manager told me that the network was down and that the amount was in there as a default balance displayed shen they could not verify the actual account balance. That is why the transaction was declined.

I'm joking about the police part...

My point is that the OP did nothing wrong, it is just a banking glitch.

[Giardino]

Well I talked to another representative and she said that she doesn't know the exact reason behind the account closing, but she said that when this happens it is usually because there was "derogatory" information in my chexsystems (bank account) history when I opened the account which is causing them to terminate the account and any account I open with them.

She asked if there was any sort of situation that could've caused this. Well, right now im getting accounts closed at ally bank because due to my internet being retarded, I accidentally opened up WAYY more than I wanted to and wound up with that 13 accounts that I didn't want to open. So those are still being closed, but I suppose since they all report to the same person/place/corporation, that this could be whats causing my issue?

[jeffweico]

Originally Posted by Giardino

Well I talked to another representative and she said that she doesn't know the exact reason behind the account closing, but she said that when this happens it is usually because there was "derogatory" information in my chexsystems (bank account) history when I opened the account which is causing them to terminate the account and any account I open with them.

She asked if there was any sort of situation that could've caused this. Well, right now im getting accounts closed at ally bank because due to my internet being retarded, I accidentally opened up WAYY more than I wanted to and wound up with that 13 accounts that I didn't want to open. So those are still being closed, but I suppose since they all report to the same person/place/corporation, that this could be whats causing my issue?

Ity is possible. Also, closed bank accounts get reported to ChexSystems. So, it probably looks suspicious that you had and closed 13 accounts.

If an accouint is free of monthly fees, leave it open, let it sit. If there are fees, close it, but try to minimize the number of closed accounts. ESPECIALLY when accounts are opened and clsoed in a short period of time.

And my personal rule is no more than 6 accounts at any one bank. We have lots of choices here in the US. Too many accounts at any one bank could cause them to get suspicious. It is better to stay under their radar.

[Giardino]

I see, so now that I have 13+ accounts showing as opened and closed in a short period of time, how long, if at all, do you think it will take for me to be able to successfully open an account anywhere else?

[Axcend]

i think chex systems might be permanent. Walk into a bank with $500-1000 and let them know you want to open an account. They won't say no

[Alps_a somewhatlegend]

Last year I did a massive £30 pp transfer. When I checked my bank account, £3000 was in there.

Yeah I thought, ran to the cashpoint and took out £300 and went shopping. Next day did the same.
The day after that, I tried to withdraw more but it got declined.

I went home, checked my accounts on my pc and they had 'clocked' on.

I rang pp as my pp account was limited. The lady asked what happened. I said if you can check the latest history, I think we both know what happened.
I said sorry about that... she had a chuckle and fixed my pp account - thankfully

Glitches hey

[Giardino]

Originally Posted by Axcend

i think chex systems might be permanent. Walk into a bank with $500-1000 and let them know you want to open an account. They won't say no

Right, but basically im screwed if i ever want to open another account without a min balance? (Aka bank of america e-checking)

[Giardino]

I went ahead and took my chances and opened up 1 e-checking account at BoA and actually opened it up with some funds instead of $0. Says ill get a confirmation notice within 1-2 B-days

[jeffweico]

ChexSystems only keeps information of file for 5 years.

[Giardino]

Ah ok. I called ahead to a BoA rep and explained my situation and she said I should have no problem opening up an account with them

[jeffweico]

Originally Posted by Giardino

Ah ok. I called ahead to a BoA rep and explained my situation and she said I should have no problem opening up an account with them

B of A ix great, and accounts can be opened online. Just don't go overboard.

[koharski]

paypal is only a stickler about these sorts of situations because they are often used as a way to move money from fraudulent accounts.

Criminal steals identity of victim, opens many accounts and lines of credit, ads to paypal, goes on spending spree.

So when they see a lot of recent credit checks on chexsystem, they assume that somebody has been trying to open a lot of accounts and won't activate your pp.

A bank shouldn't turn you away if you show up in person, with ID. Money or not. If you tried to open online... that may be another story.

the bank just wants to be able to verify that you are who you say you are.

[Ghost]

I'd like to withdraw......

[Giardino]

Originally Posted by Ghost

I'd like to withdraw......

My keyboard is now covered in juice, thank you

[Ghost]

lol you're welcome

[FandangoKango]

Originally Posted by Giardino

Right, but basically im screwed if i ever want to open another account without a min balance? (Aka bank of america e-checking)

aww - i thought you were gonna join the club of forever closed boa lol.

[Giardino]

lol what? Why would you wish that upon me?

[FandangoKango]

Originally Posted by Giardino

lol what? Why would you wish that upon me?

lol, i don't wish it, but i feel lonely. somebody come in join me lol.