Quote:
Originally Posted by
Hescotoolz
BofA was the second bank I tried a couple weeks ago. Same thing the guy wasn't familiar with title 12 so he called to make sure he didn't do something he shouldn't, first thing they told him nothing more than a signature on the signature card. It's getting frustrating
Call the BofA branch at which I opened an account. The phone number is 312-464-0701. Ask for La Joyce. She is the personal banker that was given the green light by BofA legal department to accept my amendment to the signature card. Request that she have whatever BofA attorney she consulted to contact the branch that you visited in your area.
I did the same at Cole Talyor bank. The 47th street branch, after accepting the paycheck with the verbiage for several weeks, suddenly refused. So I went to the downtown branch. At this branch the manager pulled me to the side and informed me that he will consult the legal department before honoring the check, and that I should follow up with him after several days. Well, I did, and the manager said (via voicemail and email) that the verbiage is okay. I asked this manager to inform the 47th street branch of this so that I may continue to cash the checks there. My subsequent visit to 47th proved to be successful, although the manager acted all "hoidy-toidy" - as if he was insulted that I "went over their heads."
As a matter of fact, when I presented the restricted check to the teller, she initially refused. Then I asked her to consult her manager as this matter had been resolved by Cole Taylor's legal department. She then replied, "Oh yeah. We had a meeting about this. Let me go get my manager." The manager returned, performed an "override" - and all the while wouldn't even look me in the eye.
My point is that one branch bank may help another branch to overcome ignorance.
Back to BofA. Well, all I can say is that I was clear to specify what I wanted - La Joyce took notes - and faxed the notes over to the legal folks.
I expressed the following to LaJoyce:- I want to open a non-interest bearing checking account.
- It is my intention to only handle lawful money on this account.
- It is my intent to NOT handle any form of credit on this account.
- I absolutely do not and will not open a savings account (or any other type of interest bearing account).
- On anything to which I put my signature, I want to express my intent.
When she asked just how I would express my intent, that's when I pulled out my ink stamper. I stamped the verbiage on a blank sheet of printer paper that she provided. It was on that same sheet of paper that she took notes on whatever I spoke.
I did explain to her reality of lawful money vs private credit, but I did that only because she was genuinely interested. But I did convince her to contact the legal department rather than relying on the ignorance of the branch manager.
I really appreciate La Joyce.