This is why banks suck....Time for another rant.

Let's see how simple I can make this.....


Bank A (My client's bank) sends a wire to what one might assume is bank B (My bank)

In reality....Bank A (which is out of the US) sends the wire to bank B (also out of the US). Bank B processes that wire then sends it to bank C which is a US bank but not my bank. Bank C then sends the money to Bank D which is my bank.

Think of it as a trace route with a few hops, if you will.

So. Bank D typically gets these wires the very day they are sent from bank A. Guess what? Not in this case. If that happened then there would be no need for this thread.

Moving on.....

So, Bank D tells me to get a reference number from bank A. Bank A gives me the number but not only does bank D say it's not valid, they claim that Bank A does not even exist. They imply that my client is lying to me. This client wires me money monthly from the same account.....Yet, all of a sudden my bank says they do not exist. Yeah...OK.

So, I start calling various places to see WTF is going on. Bank D claims it's Bank A's fault. Bank A claims they sent it and that it's up to Bank D to locate it.

Now comes the fun part.

Bank C says that they never received it from Bank B.

Working back........

Bank B has no wire transfer department and they refuse to assist in locating anything because I do not bank with them and neither does my client.

Bank A can see a wire being sent but because it is not my account so they refuse to give me any additional info to assist my bank with tracking it.

It's a huge fucking circle jerk at my expense.

Somebody at bank B or C has fucked the pooch on this deal. Now I have to inconvenience my client yet again to have them try to locate the wire from their end.

Fuck banks.

Yeah?I?m slightly frustrated to say the least. As pissed off as I am, I can hardly blame myself or my client so I am adopting the same position as the banks and just pointing my finger at random people instead.

This is all Bush?s fault.