It sucks having money and not being able to spend it - GoFuckYourself.com

detoxed · 07-14-2004, 04:28 PM

I got a new bank account a few weeks ago. So I deposit two big checks in it and they put a 1 week hold on the funds since the account is new. Damn 6 days before I can start buying shit.

doober · 07-14-2004, 04:35 PM

and besides this bank account you have no others?
What about cash?

pxxx · 07-14-2004, 04:37 PM

Going to be the longest 6 days of your life.

Jensen · 07-14-2004, 04:38 PM

isnt this pretty normal at all banks? I can spend the cash instantly, but the bank always has a 7 day clearing period before they know the check actually clears..

detoxed · 07-14-2004, 04:39 PM

Quote:

Originally posted by doober
and besides this bank account you have no others?
What about cash?

lol no i just moved, yeah i have some cash and credit cards i can use in between, but thats a lot of cash i'd like to be spending

DatingGold · 07-14-2004, 05:04 PM

haha you better spend your last paycheck before I do

DatingGold · 07-14-2004, 05:05 PM

I deposited a check for $86,000 they didnt even wait for it to clear I just took the cash :-)

BradM · 07-14-2004, 05:22 PM

I;ve made about 86,000 in the last 4 years Alan ;)

DatingGold · 07-15-2004, 01:31 AM

Quote:

Originally posted by BradM
I;ve made about 86,000 in the last 4 years Alan ;)

shit happens..

it's ok I havent had a vacation in a couple years

johnbosh · 07-15-2004, 01:34 AM

Quote:

Originally posted by BradM
I;ve made about 86,000 in the last 4 years Alan ;)

me neither

Dagwolf · 07-15-2004, 01:39 AM

Anytime I get a (US) cheque from a program they're not familiar with, my (canadian) bank wants to hold the deposit for 30 days to allow the cheque to clear. After about 6 months of good cheques, they'll stop holding them. They say.

So instead I go to a cheque-cashing place and pay outrageous fees and get ripped on the exchange rate.

Aquarius · 07-15-2004, 02:19 AM

Quote:

Originally posted by Dagwolf
Anytime I get a (US) cheque from a program they're not familiar with, my (canadian) bank wants to hold the deposit for 30 days to allow the cheque to clear. After about 6 months of good cheques, they'll stop holding them. They say.

So instead I go to a cheque-cashing place and pay outrageous fees and get ripped on the exchange rate.

How much do you pay per cheque? Here in Mexico I pay $10 for every cheque.

hova · 07-15-2004, 02:29 AM

It takes for days before the money is in my account.........I can live with that

Gunni · 07-15-2004, 03:13 AM

First time I cashed a check from the USA here in Barcelona it took 3 weeks!!!

never did that again, now I just get wire or epassporte

flashfire · 07-15-2004, 03:16 AM

hmmm....I'm in canada and I have never had a hold put on a check in the 3 years I've been doing this...maybe its because I've always had enough money in the account to cover it

Fizzgig · 07-15-2004, 03:22 AM

Quote:

Originally posted by flashfire
hmmm....I'm in canada and I have never had a hold put on a check in the 3 years I've been doing this...maybe its because I've always had enough money in the account to cover it

Maybe, depends on the bank/branch/teller I think.
When we first got back to Canada from the states, I got my grandfather to cash some for me in his own bank account, they held them even for him for a month.

fuzebox · 07-15-2004, 03:29 AM

Quote:

Originally posted by Dagwolf
Anytime I get a (US) cheque from a program they're not familiar with, my (canadian) bank wants to hold the deposit for 30 days to allow the cheque to clear. After about 6 months of good cheques, they'll stop holding them. They say.

I've got the same setup at my bank on my business account.

Ironically on my personal account they don't hold them though.

michel · 07-15-2004, 03:31 AM

Better than having no money at all....

rickholio · 07-15-2004, 03:37 AM

Quote:

Originally posted by Dagwolf
Anytime I get a (US) cheque from a program they're not familiar with, my (canadian) bank wants to hold the deposit for 30 days to allow the cheque to clear. After about 6 months of good cheques, they'll stop holding them. They say.

So instead I go to a cheque-cashing place and pay outrageous fees and get ripped on the exchange rate.

Is this RBOC, by any chance?

I used to have that problem too when my biz account was just getting started and I was still building up my float. Once I got it up to a reasonable amount I went in and talked to the account manager and basically laid it out... cashflow is essential to any business and a 30 day hold on US funds is onerous.

They DO have flexability in how to handle the situation and if you don't come across as some sketchy scumbag looking for an 'angle' they're capable of putting a note on your account saying 'no hold on cheques'.

Worked for me, at least.

KRL · 07-15-2004, 04:12 AM

LOL, and thanks to The Patriot Act's banking sections, they've sent a form to the Feds telling them all about you and your two new big deposits.

Rankings · 07-15-2004, 04:14 AM

well now you have 6 days to plan exactly how you will spend it all

mardigras · 07-15-2004, 06:56 AM

I have an account I got just for cashing affiliate checks after fighting forever with stores where they know me (same manager would refuse to cash a check from the same sponsor they did the month before). Not only did it come with a Visa debit card I can deposit a check, drive right around to the ATM to check my balance and it's already in the account.

johnbosh · 07-15-2004, 07:03 AM

Im now working with epassporte:D

DatingGold · 07-15-2004, 10:03 AM

Quote:

Originally posted by flashfire
hmmm....I'm in canada and I have never had a hold put on a check in the 3 years I've been doing this...maybe its because I've always had enough money in the account to cover it

that's it. No matter how much money you have if you dont have enough to cover the check I don't think they will cash it.

PornHero · 07-15-2004, 10:34 AM

Quote:

Originally posted by Dagwolf
Anytime I get a (US) cheque from a program they're not familiar with, my (canadian) bank wants to hold the deposit for 30 days to allow the cheque to clear. After about 6 months of good cheques, they'll stop holding them. They say.

So instead I go to a cheque-cashing place and pay outrageous fees and get ripped on the exchange rate.

I had the same problem initially with RBC but if you speak with the branch manager then you should be able to get the hold lifted (a smart business person would make sure they are on a first name basis with their bank manager anyway

). As long as you dont seem shady about it and have not deposited bad checks in the past then there should be no problem with it.

The Bootyologist · 07-15-2004, 10:37 AM

I've never had one check held ever. I deposit, I have immediate ( after 2pm that day) access to my funds.

Chris · 07-15-2004, 10:39 AM

how large where the checks ?

WHen opening an account you should always open it with like 1k or so so you are able to cash larger checks without having to wait

My bank will cash the check and give me cash as long as I have had a standing balance of 500$ or more for 3 months.

JSA Matt · 07-15-2004, 10:40 AM

Most US banks put a 1 month hold on deposits over $2,000 if the account is less than 20 days old.

Basic_man · 07-15-2004, 10:52 AM

own3d :D

07-14-2004, 04:28 PM	#1
detoxed vip member Join Date: Jan 2003 Posts: 17,798	It sucks having money and not being able to spend it I got a new bank account a few weeks ago. So I deposit two big checks in it and they put a 1 week hold on the funds since the account is new. Damn 6 days before I can start buying shit.

07-14-2004, 05:04 PM	#6
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	haha you better spend your last paycheck before I do __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

07-14-2004, 05:05 PM	#7
DatingGold $6 PER EMAIL JOiN Industry Role: Join Date: Feb 2003 Location: California Posts: 13,185	I deposited a check for $86,000 they didnt even wait for it to clear I just took the cash :-) __________________ 9 Years of SOLID payouts and conversions! ADULT DATING - $100 PPS LIVE CAMS - $214 PPS WWW.DATINGGOLD.COM ICQ: 27442303

07-15-2004, 01:39 AM	#11
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	Anytime I get a (US) cheque from a program they're not familiar with, my (canadian) bank wants to hold the deposit for 30 days to allow the cheque to clear. After about 6 months of good cheques, they'll stop holding them. They say. So instead I go to a cheque-cashing place and pay outrageous fees and get ripped on the exchange rate. __________________ Sleep well, and dream of large women.

07-15-2004, 02:29 AM	#13
hova Traffillionaire Industry Role: Join Date: Jan 2002 Location: ICQ:209371571 Posts: 22,430	It takes for days before the money is in my account.........I can live with that __________________ http://traffillions.com/ Sign up and get lifetime revshare on your traffic

07-14-2004, 04:35 PM	#2
doober Confirmed User Join Date: Jul 2003 Location: in yoOoo kitchen Posts: 6,984	and besides this bank account you have no others? What about cash?

07-14-2004, 04:37 PM	#3
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	Going to be the longest 6 days of your life.

07-14-2004, 04:38 PM	#4
Jensen Confirmed User Join Date: Apr 2001 Location: Norway Posts: 3,790	isnt this pretty normal at all banks? I can spend the cash instantly, but the bank always has a 7 day clearing period before they know the check actually clears..

07-14-2004, 05:22 PM	#8
BradM Confirmed User Join Date: Dec 2003 Location: 1123,6536,5231 Posts: 3,397	I;ve made about 86,000 in the last 4 years Alan ;)

07-15-2004, 03:13 AM	#14
Gunni Confirmed User Industry Role: Join Date: Apr 2003 Location: Barcelona Posts: 2,385	First time I cashed a check from the USA here in Barcelona it took 3 weeks!!! never did that again, now I just get wire or epassporte

07-15-2004, 03:16 AM	#15
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	hmmm....I'm in canada and I have never had a hold put on a check in the 3 years I've been doing this...maybe its because I've always had enough money in the account to cover it

07-15-2004, 03:31 AM	#18
michel TheHun's Yellow Pages! Industry Role: Join Date: Mar 2002 Location: The Netherlands Posts: 3,420	Better than having no money at all....

07-15-2004, 04:12 AM	#20
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	LOL, and thanks to The Patriot Act's banking sections, they've sent a form to the Feds telling them all about you and your two new big deposits. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

07-15-2004, 04:14 AM	#21
Rankings Adult SEO Industry Role: Join Date: Jan 2004 Location: A cat with three legs cannot bury shit in a frozen pond. In addition to that, can you cry underwater? Posts: 10,633	well now you have 6 days to plan exactly how you will spend it all __________________ Your leader for Adult SEO Services 19+ Years Serving the Adult/SEO Industry ICQ: 610-814 Skype: xratedseo

07-15-2004, 06:56 AM	#22
mardigras Bon temps! Join Date: Feb 2003 Location: down yonder Posts: 14,194	I have an account I got just for cashing affiliate checks after fighting forever with stores where they know me (same manager would refuse to cash a check from the same sponsor they did the month before). Not only did it come with a Visa debit card I can deposit a check, drive right around to the ATM to check my balance and it's already in the account. __________________ .

07-15-2004, 07:03 AM	#23
johnbosh Confirmed User Join Date: Aug 2002 Location: The Netherlands, Rotterdam Posts: 8,965	Im now working with epassporte:D

07-15-2004, 10:37 AM	#26
The Bootyologist So Fucking Banned Join Date: Jun 2004 Location: m00dville Posts: 2,912	I've never had one check held ever. I deposit, I have immediate ( after 2pm that day) access to my funds.

07-15-2004, 10:39 AM	#27
Chris Too lazy to set a custom title Industry Role: Join Date: May 2003 Location: icq: 71462500 Skype: Jupzchris Posts: 27,880	how large where the checks ? WHen opening an account you should always open it with like 1k or so so you are able to cash larger checks without having to wait My bank will cash the check and give me cash as long as I have had a standing balance of 500$ or more for 3 months. __________________ [email protected]

07-15-2004, 10:40 AM	#28
JSA Matt So Fucking Banned Join Date: Aug 2003 Location: San Diego, CA Posts: 5,464	Most US banks put a 1 month hold on deposits over $2,000 if the account is less than 20 days old.

07-15-2004, 10:52 AM	#29
Basic_man Programming King Pin Industry Role: Join Date: Oct 2003 Location: Montreal Posts: 27,360	own3d :D __________________ UUGallery Builder - automated photo/video gallery plugin for Wordpress! Stop looking! Checkout Naked Hosting, online since 1999 !