Karl
highlands ranch,#2
Tue, August 18, 2009
Bank of America, Wells Fargo, Citigroup, JP Morgan Chase, Wachovia, Washington Mutual, Bear Stearns, & others were allegedly taking out on their CURRENT & former employees (without their knowledge or consent), and then collecting the benefits when these people DIED?
Karl
highlands ranch,#3
Tue, August 18, 2009
posts the LARGEST 'death benefit check' first, or do you think that they simply post all of these DEATH BENEFIT checks simultaneously?
Ashley
springfield,#4
Tue, August 18, 2009
This is standard procedure at all banks. They all process debits before credits, and they do them from highest to lowest.
If you would read the contract/agreement that you signed when you got the bank account it discloses this information to you. Unfair? maybe. Legal? Completely. If you had enough money in the account to cover all the transactions, it wouldn't matter what order they processed them in.