Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP
Path: utzoo!linus!decvax!harpo!gummo!whuxlb!pyuxll!eisx!npoiv!npois!hogpc!houxt!klein
From: klein@houxt.UUCP (N.KLEIN)
Newsgroups: net.flame
Subject: Re: a new flame
Message-ID: <333@houxt.UUCP>
Date: Wed, 10-Aug-83 09:08:26 EDT
Article-I.D.: houxt.333
Posted: Wed Aug 10 09:08:26 1983
Date-Received: Wed, 10-Aug-83 19:46:18 EDT
References: mit-eddie.564
Lines: 16

I have another complaint against banks.  The reason why cash does not get
credited until the next day when you deposit through a machine is that just
because you type in that you deposited $100 is no gurantee that there actually
is $100 in that envelope, so the bank will not credit your account until
they open the envelope to verify the amount inside it.  My complaint
involves checks.  Why must I wait as much as 2 weeks for my check to clear
and for the bank to allow me to use it.  In today's information age why
should the whole process take more than ten minutes?  A friend of mine
told me about an experience he had at Citibank in NY (a bank with many
machines but absolutely no regard for the customer), he deposited a
check, received the cancel check, walked into his branch and showed
them the canceled check and they still would not let him withdraw
from the account.  Do they legally have the right to do this?  Why can't
I take out my money when I want.  Please respond, this has been
bothering me for a while.
			NDK