Notice and Demand to the Fed

[David Merrill]

Tried to open my own thread but wasn't able to. (just signed up)

Hi everyone,

Today I went to my local branch with a check in hand.

Endorsed it

Redeemed in Lawful money
Pursuant to Title 12 USC §411
True name dba Legal name

All seemed well until

I asked if I could update my signature card. she said sure. So under the rather short signature I wrote "Any deposits or withdrawals, herinafter "Events", are made with the intent to receive or handle lawful money. Persuant to title 12USC411. True name dba Legal name

That's when the issues came up. Her argument was that my signature has to be exactly as in my passport, DL etc. I told her I was and pointed her to my legal name. She even said the request for legal money was fine, but if I wanted to use DBA i should open a business account. She wouldn't accept a true name either again stating it has to match my DL and passport...

Then another concern came up. I asked her if she had placed a restrictive endorsement on the check I just deposited. Specially after she said my restrictive endorsment was fine. She said "we have no way of placing a restrictive endorsement" the bank at the receiving end will see and and may choose to decline your withdrawal plus if we see you signing dba while conducting business under your name we will be forced to close your account"

I told her I had a super visor deposit a previous check and she even acknowledged she placed a restrictive endorsement.... This teller told me she didn't see anything. Which is what? Also my account didn't have a signature card on file for some reason. i.e they don't have my SSN or signature. Should I even bother with signing one?

Much appreciated.

You have brought up some very edifying points.

First off you did not endorse the check; you non-endorsed it. The bank will likely consider it a restrictive endorsement. Legally it is a special deposit, not a regular deposit. If you like signing with the dba then do as she says, open a business account.

The Lesson Plan will take you through a paradigm shift about identity, record forming and redeeming lawful money.

I asked her if she had placed a restrictive endorsement on the check I just deposited. Specially after she said my restrictive endorsment was fine. She said "we have no way of placing a restrictive endorsement" the bank at the receiving end will see and and may choose to decline your withdrawal...

I think that sentence is confusing because you confused the matter by asking the question. More to the point, don't patrol what is going on inside the bank, on the other side of the counter. Pay attention to your demand and keep a record. You will be fine if you keep it simple and mind your own affairs.

I think rather they did not want you to publish your demand on the Signature Card and thus told you that you do not have one. You not only should have one but you should remember that you have one and even one better, you should have a copy of it. So pay attention...

Do they make you feel suppressed for wanting copies of everything you have signed? I call that conditioning.