Chase Bank
Hi I just went to Chase Bank where I have a private account. I had two requests one that the original signature card be amended and that the account would now draw 0 interest. Well after about 50 minutes and the "commercial" banker and the Bank supervisor both admitting the had no clue as to what fractional reserve banking is I figured I was stuck.But I persevered to the point that on a computer screen in the general comments section of my account page I had typed in " All Transactions in this Account are deemed to made in Lawful Money; Title 12 section 411." I had the word deemed not redeemed in the statement. Is this a fatal flaw David? Also I had the account changed to a zero interest account. Any comments on deemed v redeemed?
Brad
Hi I just went to Chase Bank where I have a private account. I had two requests one that the original signature card be amended and that the account would now draw 0 interest. Well after about 50 minutes and the "commercial" banker and the Bank supervisor both admitting the had no clue as to what fractional reserve banking is I figured I was stuck.But I persevered to the point that on a computer screen in the general comments section of my account page I had typed in " All Transactions in this Account are deemed to made in Lawful Money; Title 12 section 411." I had the word deemed not redeemed in the statement. Is this a fatal flaw David? Also I had the account changed to a zero interest account. Any comments on deemed v redeemed?
Brad
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