GoFuckYourself.com - Adult Webmaster Forum - View Single Post - Canadians - what bank do you use? (and that works with paypal?)

Kimmykim · 05-12-2003, 01:00 PM

You guys realize that American banks can and will hold American checks as well?

On out of state checks, checks that are written and not printed, personal accounts, basically anything they want to, they are only required to make like the first 100 bucks available instantly and can hold the rest for between 3 and 10 days (or until they've cleared).

You are, in essence, a credit risk to the bank if they charge you fees for having your account or specific circumstances like NSF fees -- since you could go out, write a ton of bad checks, them get stuck with the processing and NSF fees, and then you never bring the balance up to zero...

05-12-2003, 01:00 PM
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	You guys realize that American banks can and will hold American checks as well? On out of state checks, checks that are written and not printed, personal accounts, basically anything they want to, they are only required to make like the first 100 bucks available instantly and can hold the rest for between 3 and 10 days (or until they've cleared). You are, in essence, a credit risk to the bank if they charge you fees for having your account or specific circumstances like NSF fees -- since you could go out, write a ton of bad checks, them get stuck with the processing and NSF fees, and then you never bring the balance up to zero...