Originally Posted by
Jaro
Really? So how come there aren't more success stories posted here? So far I've only seen one, but heard from other people that banks are refusing to redeem in LM. Seems to me that a successful redemption would be if the bank teller acknowledged that what he's giving me pursuant to 12USC411, ARE lawful money. If they at least verbally don't acknowledge that, then they're REFUSING to redeem.
On top of that, there should be no problem altering the signature card to redeem all deposits in LM, and that seems to be even harder to get the banks to do than cash or single checks.
Oh, and I haven't seen you or anyone else object to that civil suit against FR, which also is based on claim that FR refuses to redeem FRN's in LM. So do the FR banks comply with 12USC411 or not?