Does anyone work for a bank? Can someone explain the way visa cards are debited from A.the place you use them B.My account. It seems banks and shops work for themselves and don't give a rats ass about the customer in this department. I got charged £20 for being 20p overdrawn, i realise its all computerised but thats ridiculous. I hate them because the actual transaction that i got charged for was not even the last transaction i made. It was one from FIVE DAYS before. I get told to keep a check on my account wich i try and do... i even phone them up and ask for a balance inquirey ... surely they realise what is being processed and so would now precisly how much money i have available ?? this seems like sense, but they merely give information that i can get off my atm ... i have no idea when money will be taken out of my account after i have used my card because they never take the same time , it seems they work on a 12 mid day till 12 mid day rota and do nothing on sunday unless it suits them . so please explain before a AK 47 into my local branch (j/k) BASTARDS
Atm balances are never accurate. I used to work in a bank. The only thing I can suggest to you is to make sure you always have money in there to cover your withdrawls. Even though you wrote a check 5 days ago it could take up to 5-10 days to clear. If you really want to get your account straight I would go there and get a print out of your current statement. Then I would balance your checkbook. Call the bank for balances, don't rely on the atm machines. Banks can be sticklers for overdrawn accounts. If this is your first offence I would call them and ask them if they can wave the fee for you this one time. Please don't go in there with a gun. You'll have more problems than a $20.00 overdrawn fee, not to mention you'll frighten the customers.
Its not checks i have a problem with , its when i give my card and they swipe it through. They charge a fee (if a small business) to do this , i have asked they say it so that the money goes directly into their account that minute (more or less). shops also have a 'floor limit' so technicaly i don't need the money in my account for them to clear it . The bank pays and then debits the amount out of my account later for some reason...its complicated and i think its so in the days it takes to clear it no longer is my money and is not realy the shops it theirs to do with what they wish, buy shares and gain intrest on my money i fear. The reason i am annoyed now is beacause 6 transactions all came out in not the order i actualy did them and i only used two shops but both have taken diffrent times to be cleared... so like i spent ££ on the 21st and then again on the 22nd(both from the same shop) and both cleared on the 25th this is why i say its only when it suits them and i have no idea what sort of time limit they have. i could spend something after 12 mid day but it won't technicaly be processed till the following day. Its hard to keep a check near the end of the month when days and all this crap matters..yes i should keep a track , but what the hell are atms for if not to be accurate ... ok if they are not surely when i phone up they should know better. its hard to explain but believe me i have been given crap by them and even told what is being said is not in the public domain. I think i will just withdraw actual money from atms and not use my card for transactions at all. I think banks for all their technology, still use pratices from the 18th friggin century. its not my first 'offence' i have the same problem often ... they are making me poor because of their pompousity , but i have spoken to some nice people on their telephone banking and have made them see what i am talking about..i apreciate its only their job and they don't make the rules. Its some git on a sandy beach sipping cocktails . No i won't be taking any guns into any banks , don't worry.
oh yeah, man, that's some bullshit. those debit cards go through at the strangest of times. try balancing an account with another person who has a debit card and never tells you what he's doing with it. it'll make you crazed. we're always getting overdrawn. i'm supposed to get a seperate account for the household, but that's not happening any time soon.
Well just to cap my lovely day off, my card has been cloned. And those nice people that did it have withdrawn £400 all that have at the moment, wich is nice. I ask the nice people at the bank what can be done and they say fill in a form and wait, no i should not be taking this personaly ... but everyone i know has some story that involves how lovely their bank is. I have been told now, that shops can within the law take 6 months to take the money from the bank, the bank pays and then you pay the bank. This is because small places don't have a direct permanent link to the bank through their swipe machines because it is expensive. So just let you do whatever you like ... no checks or anything as long as its within their 'floor limit' . I probably should know , well i do friggin now.
Yeah< I hate that. I went 25 cents over once, but it gets worse. I made a withdrawel and it was a fee the bank my bank charged me , that I was told would never be charged when I signed up, that put me over according to my records. But the world of finance doesnt work that way, becuase 4 purchases made fro the same store over 4 days all got sent through together on friday, the day after the withdrawel, so I somehow got charged 4 times for going over draft 25 cents...80 bucks!!!!!! I called and bitched and moaned and got the charges removed, but the bank stopped giving me my paycheck a day early ( direct deposit) after that. I just changed banks and moved on with my life. they lied to me to get my business. I had a bank I liked but they said they would not charge me foi r using someone elses atms so I switched. Twarn't true. anyway the only cure is to scrupilously utilize a bank book, itemize everything, and my advice is to round any partial (pounds?) up to the next higher even amount. then at the end of the month you will have more money than you thought.
If your bank has a funds availible option as opposed to a current funds option use that to check your balance and try to link you savings or a bank credit card to your checking so if your withdrawn you don't get charged a fee it just gets debeted from the next source.
I probably should take more care with my money, i just hold no real value in it even though i work hard for it. i am going to do what you have said.. Its only one shop that has caused me grief or i have put greif upon myself. I feel a bit bad now because i kicked of like a maniac in the bank today, but they realy don't know what thay are doing..its the diffrent criteria they tell you , its's not that they lie as such its just they withhold the truth. and relax matthew
??? i have no idea what you mean.whats that all about. actualy i think i understand ...but i don't think i could cope with all that ..probablt get myself into a bigger pickle see this is my problem i never read the small print, or have the first idea... i assume things are straight forward and relativley simple .I don't have a credit card and don't think i could handle one...they keep wishing i would. this is maybe why they are so mean ... they don't earn enough cash from me .
well when you swipe your card, its sends a message of how much the machine wants from your account. now these transactions are seldom sent in immediately. but your bank records it all and usually will give you two totals, an actual amount of funds in the account, and an amount of funds availaible to you. hotels, resteraunts and barts always swipe for over, bars, well because tabs grow and tips. resteraunts for tips, and hotels for possible phone charges. these funds weather actually incurred or not, will not be deducted til that actual transaction is sent. In america, if you swipe a card for a drink they typically run it for 35 bucks. even if its just for 2 double Jager shots that cost 14 bucks. so until the bar sends that through, your bank thinks you spent 35, not 14. always better to run a tab, then to pay as you go if you are swiping.
See the bank says they only know what my account has in it and not the trasactions that are due.. they say if the shop owners are not linked at all times to them they can only tell whats going on when they send the information (when the shop does its banking). i could understand if small shops don't have a permanent link ...though even this i have problems with because they also decline if i don't have enough in. Some mofo is lieing. I have been told so much bullshit by my bank and by retailers i am just going home for a cry boo hoo.
well, in america it works that way. I think your financial institution is in the dark ages and should find another. eother that, or your stores are in the stone ages and your fucked.
you said that your card was "cloned" and 400 bucks was rung up on it. How much of that is your responsibility? When my card was stolen, the theiving little pricks managed to ring up almost 400 bucks in just under 24 hours. Luckily I caught it early and went through the channels so I wasn't responsible for any of it. There are other banks that you are responsible for 50 bucks or whatever. I wish I could help you with your problem there, hon...
just because you get a card doesn't mean you have to use it-just link it too your checking and cut up the actual card. I used to bounce a lot but than I added my savings onto my account as a secondary source so now if I am overdrawn it just takes it out of savings and if I have nothing in savings (like most of the time lol) than the amount I am overdrafted goes on my credit card but there aren't any over draft fees.
I have no idea Minnie B , hoping i am not liable for any of it. When the 'cloned' card was used i have eyewitnesses to my were abouts so everything should get sorted... just hacked off that i have no cash ... lynsey i thought that was what you meant, i had a fair bit of savings, but lost my job a while back and had to use it. I could have quickly got another job ...but it would probaly have sent me down a dead end. Plus i wanted a bit of a holiday off work for a while... not had any proper time off for 10 years . I do hope to get sorted before christmas ... but the bank is making that difficult and their charges are counter productive. anyhoo i think i have woken up to a few realities ... and actualy feel positive rather than negative about it.. i will feel even better when i get my cash back...
i empathize i drained my saving myself and it wasn't even for a just cause like losing my job. I am not even going to say what i spent it on-we'll just say that every six months when I have this certain occasion i am impecabley dressed
Matthew, my bank offers online banking, so what I did is just printed up a copy of the activity that wasn't mine. I took that to the bank with me, and they had an even more updated version than I did. I had to go through with a banker, and each item that wasn't authorized was noted, and submitted to the risk managemnet department at the bank. Meanwhile, I had to file a police report, give a copy of it to the bank, and a couple of days later the funds were put back into my account under the heading of "provisional credit". When all was said and done, I got a letter stating the matter was closed. I can only assume that the booger eating pricks got caught...
