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Customer Request Regarding "Lawful Money" 12 USC 4
Dolly Nugent
Southern California
A customer has requested that we attach a Notice and Demand to his signature card which states "pursuant to the discovery of the following law and remedy found in Title 12 United States Code Section 411 that all transactions involving Federal reserve notes transferred and/or/deposoited to and/or withdrawn from (our bank name) are to be redeemed in lawful money." It goes on and then at the end it states that if no response is received within 21 days of receiving the notice it will result in a automatic default judgement and a permanent and irrevocable estoppel by acquiescence. And he had it notarized.

We advised him verbally that our deposit agreement and signature card govern the account and that we do not honor individual requests such as this. Now he wants our response in writing.

Is anyone else receiving these type of requests?

Sorry our bank and just about every bank in the US does not carry "lawful money" only money issued by the US Federal Reserve system. Enclosed is a check for the balance of your account.

Please do not try to reopen your account as we will not be honoring your request.

Thank you and have a nice day.The Banking Clerks verbiage like the Court Clerks verbiage We dont speak to the DEAD In Law. I am Identified as my bank card and its account as Dead When ones assets are arrested or frozen. access de/notes de/posit de/livery de/mand a verbal operant in which the response is reinforced by a characteristic consequence and is therefore under the functional control of relevant conditions of deprivation or aversive stimulation. ... But many mands have no correspondence to the reinforcer.
MAND = (Request) De = de- a prefix occurring in loanwords from Latin ( decide ); also used to indicate privation, removal, and separation. BANK loanword a word adopted from a foreign language with little or no modification. Some Bank Banter for amusement only Re: Customer Request Regarding "Lawful Money" 12 USC 4 [Re: Dolly Nugent]
rlcarey Offline
10K Club

Re: Customer Request Regarding "Lawful Money" 12 USC 4 [Re: Dolly Nugent]
rlcarey Offline
10K Club
Nut case. Close his account and send him on his way. These section 411 people are nothing but trouble.
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The opinions expressed here should not be construed to be those of my employer. NUT CASE OR just mentally taxing caching nuts one bank branch at a time