Quote Originally Posted by itsmymoney View Post
Thanks to all for the options out there. I am waiting word on my bank as to whether they will allow a change to the current account.

David, regarding your prior post below of 'where to go' if the banks refuse you, I believe a little moxy as you say in standing firm. If in fact lawful money can only be redeemed by a Federal Reserve Bank (if you read USC 411 that way), then I would think the member bank could simply pass on your demand to their neighborhood FRB as a credit to the member bank in that amount. If the bank is still resistant to the demand, then I would perhaps ask their legal department to provide me a remedy to their contention that they are not required to redeem in lawful money, as remedy to not honoring my demand is required by law, correct?



David, as an aside to your above post, were the bank employees fired because they were not submitting the lawful money notes into their accounting properly?

Thank you.
First point;

That is probably going on anyway. There must be remedy.

Second point;

That is a vicarious experience by a suitor who reported it. So I don't know much about the details. The bank closed down accounts though.