Comments on: The Bank of Nonsense http://www.thefinancialblogger.com/do-banks-make-sense/ This is where your finance takes place Mon, 01 Dec 2008 18:00:47 +0000 http://wordpress.org/?v=abc By: FourPillars http://www.thefinancialblogger.com/do-banks-make-sense/#comment-603 FourPillars Wed, 26 Sep 2007 12:34:52 +0000 http://www.thefinancialblogger.com/do-banks-make-sense/#comment-603 Thanks for the explanation! It's still pretty funny though... Mike Thanks for the explanation! It’s still pretty funny though…

Mike

]]> By: The Financial Blogger http://www.thefinancialblogger.com/do-banks-make-sense/#comment-581 The Financial Blogger Tue, 25 Sep 2007 01:35:35 +0000 http://www.thefinancialblogger.com/do-banks-make-sense/#comment-581 Joel, this is another great example of something that does not make sense at first. However, even if you have a joint account, you have 2 separate client cards. The fact that your bank puts a hold on your deposit is related to your client cards level of access. This level of access is determined by your beacon score. Which means that your wife has a better one than you ;-) Having said that, you can request your bank to have the same deposit (and withdrawal) privileges than your wife. As I mentioned in my post, the system determine your level, it is up to you to bring it to the attention to a human being. I hope this helps! Joel, this is another great example of something that does not make sense at first. However, even if you have a joint account, you have 2 separate client cards. The fact that your bank puts a hold on your deposit is related to your client cards level of access. This level of access is determined by your beacon score. Which means that your wife has a better one than you ;-)

Having said that, you can request your bank to have the same deposit (and withdrawal) privileges than your wife. As I mentioned in my post, the system determine your level, it is up to you to bring it to the attention to a human being.

I hope this helps!

]]> By: Joel http://www.thefinancialblogger.com/do-banks-make-sense/#comment-578 Joel Mon, 24 Sep 2007 14:31:51 +0000 http://www.thefinancialblogger.com/do-banks-make-sense/#comment-578 Nonsense indeed - I have a joint account with my wife. If I deposit a cheque they put a hold on it for a few days - if my wife deposits the same cheque, we have access to the money right away. Nonsense indeed - I have a joint account with my wife. If I deposit a cheque they put a hold on it for a few days - if my wife deposits the same cheque, we have access to the money right away.

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