This is why banks suck....Time for another rant. - GoFuckYourself.com

AaronM · 11-23-2004, 03:14 PM

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.

Gabriel · 11-23-2004, 03:17 PM

its almost worth the risk with paypal.

media · 11-23-2004, 03:18 PM

You have been having alot of problems with banks lately Aaron.. That sucks man.. Its times like this when you really wonder how banks have made it this far...

AaronM · 11-23-2004, 03:19 PM

Quote:

Originally posted by Gabriel
its almost worth the risk with paypal.

PayPal fucks my client on the excahnge rate conversion then taps me for higher fees.

Fuck them too.

quiet · 11-23-2004, 03:21 PM

i had a missing wire a couple of weeks ago. it ended up being returned to the sending bank. total fuck job, but apparently things are straightened out now. the strangest thing is that wires had been sent before, with the exact same info, with no issues. yet this one time the wire bounced back.

i almost had a stroke over it lol

directfiesta · 11-23-2004, 03:21 PM

Well, I learnt here my ABC ...

detoxed · 11-23-2004, 03:21 PM

Actually it seems to me, your client is inconveniencing you... its not your job to make sure you get the money, its theirs.

AaronM · 11-23-2004, 03:21 PM

Quote:

Originally posted by media
You have been having alot of problems with banks lately Aaron..

Tell me about it.

I stopped dealing with credit cards years ago. Cash is supposed to be much simpler. I guess they meant cash burried in a jar in the back yard because cash in the bank is worth fuck all if they banks are gonna lose it then jerk you around instead of fixing the fucking problem.

Did I mention fuck banks?

Veterans Day · 11-23-2004, 03:21 PM

Never overlook the FEDS as they handle all wire transactions in the US as we send out 30-50 wires a day and this crap happens all the time. Bank A gets yelled, Bank B gets yelled at then we see the FED has the wire sitting uncleared

I understand your frustration

AaronM · 11-23-2004, 03:22 PM

Quote:

Originally posted by quiet
i had a missing wire a couple of weeks ago. it ended up being returned to the sending bank. total fuck job, but apparently things are straightened out now. the strangest thing is that wires had been sent before, with the exact same info, with no issues. yet this one time the wire bounced back.

i almost had a stroke over it lol

That's exactly what I am going through right now.

The worst part is that I have to bother my client with this. As if they have nothing better to do then track this shit.

AaronM · 11-23-2004, 03:23 PM

Quote:

Originally posted by detoxed
Actually it seems to me, your client is inconveniencing you... its not your job to make sure you get the money, its theirs.

My client sent it. They should not be required to do any more than that.

pxxx · 11-23-2004, 03:25 PM

Quote:

Originally posted by AaronM
T

Did I mention fuck banks?

Yeah you did, never hurts to mention it again.

AaronM · 11-23-2004, 03:27 PM

Quote:

Originally posted by AaronM
My client sent it. They should not be required to do any more than that.

Continuing along these lines....

My clients bank charges a fee for the wire. My bank charges another fee for the wire.

WTF do we pay these fees for if not for services provided? Where's the customer service when you need it?

I spent 3+ years working for one of the largest banks in the nation. I know how they fuck people over on a daily basis.

LiveDose · 11-23-2004, 03:30 PM

Banks do suck. That it the truth...

Kimmykim · 11-23-2004, 03:31 PM

It seems kind of odd that you've got two intermediary banks in the loop, most places only have one.

But that seems to be the source of your problem.

I'd suggest your client tries to reverse the wire and then sends you another one.

Banks have their idiosyncrasies as well. Take B of A for instance, if you send money to NA (Netherlands Antilles to the rest of the world) you've actually sent a wire to Nambia instead of Curacao...

Nylz · 11-23-2004, 03:51 PM

I also have a very bad experience with banks..

GTS knows all about it, unfortunately

Luckily, they're a bunch of very cool people, and I appreciate it that they're trying to help me as much as they can, instead of bashing me coz I failed paying them like, 3 times..

International wires suck

tranza · 11-23-2004, 04:26 PM

Quote:

Originally posted by AaronM
Fuck banks.

This is all Bush?s fault.

You got that right!

baddog · 11-23-2004, 04:35 PM

good thing you are independently wealthy

detoxed · 11-23-2004, 04:37 PM

Quote:

Originally posted by AaronM
My client sent it. They should not be required to do any more than that.

True, but its their money until you receive it. If they Fedex you cash and it never shows up, are you going to take the loss?

Ross · 11-23-2004, 04:37 PM

I agree...Banks fucking suck ass!!

All the people at my Bank suck up my ass, they are nice as can be.

But the bank in General sucks. Wires take a long time, everything is weird processing and shit.

boneprone · 11-23-2004, 04:52 PM

Wait till bank E enters the skit...

Then the real fun begins!

JFK · 11-23-2004, 05:03 PM

Quote:

Originally posted by pxxx
Yeah you did, never hurts to mention it again.

yes.... yes.... Positive reinforcement

Jamie · 11-23-2004, 05:33 PM

Quote:

Originally posted by AaronM
Continuing along these lines....

My clients bank charges a fee for the wire. My bank charges another fee for the wire.

WTF do we pay these fees for if not for services provided? Where's the customer service when you need it?

I spent 3+ years working for one of the largest banks in the nation. I know how they fuck people over on a daily basis.

Tell me about it, I probably spend $300 a month in Wire Fee's and thats just on my end. I can't find a bank that doesn't charge them. It's pretty much FREE money for them.

I'm definitely on board with you, FUCK BANKS.

OWNED · 11-23-2004, 05:37 PM

GUESS WHAT ? YOU CHOSE THE WRONG FUCKING BANK TO OPEN AN ACCONT IN.

YOU = OWNED.

pornguy · 11-23-2004, 06:22 PM

That is why I deal with a Credit Union.

I had something like that happen one. They put the money into my accounts, after I fax'ed them a copy of the wire papers. They said that they would get it worked out.

4 months later I got a letter stating that they had just recieved the funds. Someone in one of the banks had quit and thrown away the transfer papers.

But I had the money all along.

BRISK · 11-23-2004, 06:33 PM

Aaron, I've had the same problem in the past with wires.

I get wires all the time, and 98% of the time they go through fine, but sometimes it goes wrong, and when wires go wrong, they go sooooooo wrong.

Once I had $10,000 go "missing" for 3 weeks.

Bank A said they sent it to bank B

Bank B said they have no record of it.

So I was like "Where the fuck is my $10,000?"

All bank A could tell me is that it was sent, and they don't have it anymore.

All bank B could tell me is that they haven't received it, and they have no record of it.

One day, after 3 weeks, it just magically decided to show up in my account.

On top of all that, I paid like $40 dollars for the privilege of that fuckin runaround service.

wyldblyss · 11-23-2004, 07:38 PM

I think we all have bank horror stories. Everyone makes mistakes...even banks

Paco, of Large Cash. · 11-23-2004, 08:02 PM

Quote:

Originally posted by AaronM
I guess they meant cash burried in a jar in the back yard

Time to move my stash.

Doctor Dre · 11-23-2004, 08:06 PM

My bank forgot to give me exchange rate for like 4 months . Gotta call them tomorow. (only on checks, not on wire)

AaronM · 11-23-2004, 08:11 PM

Quote:

Originally posted by pornguy
That is why I deal with a Credit Union.

I had something like that happen one. They put the money into my accounts, after I fax'ed them a copy of the wire papers. They said that they would get it worked out.

4 months later I got a letter stating that they had just recieved the funds. Someone in one of the banks had quit and thrown away the transfer papers.

But I had the money all along.

This has nothing to di with credit union vs. non credit union. It's about customer service and accepting responsibility for fucking up.

Bank A happens to be a credit union.

s9ann0 · 11-23-2004, 08:13 PM

yer dollar wires in and out of us are a bit unreliable to say the least

11-23-2004, 03:14 PM	#1
AaronM Too lazy to set a custom title Industry Role: Join Date: Oct 2001 Location: ┌∩┐ ◣_◢ ┌∩┐ Posts: 46,909	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. Last edited by AaronM; 11-23-2004 at 03:16 PM..

11-23-2004, 03:17 PM	#2
Gabriel Confirmed User Industry Role: Join Date: Apr 2002 Location: So*Cal Posts: 4,789	its almost worth the risk with paypal. __________________ ICQ#: 142295729

11-23-2004, 03:18 PM	#3
media Confirmed Moneymaker Industry Role: Join Date: Apr 2002 Location: Eugene, OR It's Like Jail, Only with Trees! Posts: 9,852	You have been having alot of problems with banks lately Aaron.. That sucks man.. Its times like this when you really wonder how banks have made it this far... __________________ I'm here for the violence!

11-23-2004, 03:21 PM	#5
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	i had a missing wire a couple of weeks ago. it ended up being returned to the sending bank. total fuck job, but apparently things are straightened out now. the strangest thing is that wires had been sent before, with the exact same info, with no issues. yet this one time the wire bounced back. i almost had a stroke over it lol __________________ we'll miss you our friend. RIP

11-23-2004, 03:21 PM	#6
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Montreal, Quebec Posts: 29,677	Well, I learnt here my ABC ... __________________ I know that Asspimple is stoopid ... As he says, it is a FACT ! But I can't figure out how he can breathe or type , at the same time ....

11-23-2004, 03:21 PM	#7
detoxed vip member Join Date: Jan 2003 Posts: 17,798	Actually it seems to me, your client is inconveniencing you... its not your job to make sure you get the money, its theirs.

11-23-2004, 03:21 PM	#9
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	Never overlook the FEDS as they handle all wire transactions in the US as we send out 30-50 wires a day and this crap happens all the time. Bank A gets yelled, Bank B gets yelled at then we see the FED has the wire sitting uncleared I understand your frustration __________________ Build a Massive Traffic Network, Hands FREE, Totally Automated

11-23-2004, 03:30 PM	#14
LiveDose Show Yer Tits! Industry Role: Join Date: Feb 2002 Location: Somewhere Out there... Posts: 25,792	Banks do suck. That it the truth...

11-23-2004, 03:31 PM	#15
Kimmykim bitchslapping zebras!!!!! Industry Role: Join Date: Jun 2001 Location: In a shack by the beach Posts: 16,015	It seems kind of odd that you've got two intermediary banks in the loop, most places only have one. But that seems to be the source of your problem. I'd suggest your client tries to reverse the wire and then sends you another one. Banks have their idiosyncrasies as well. Take B of A for instance, if you send money to NA (Netherlands Antilles to the rest of the world) you've actually sent a wire to Nambia instead of Curacao...

11-23-2004, 03:51 PM	#16
Nylz Confirmed User Join Date: Apr 2004 Location: Rotterdam Posts: 8,285	I also have a very bad experience with banks.. GTS knows all about it, unfortunately Luckily, they're a bunch of very cool people, and I appreciate it that they're trying to help me as much as they can, instead of bashing me coz I failed paying them like, 3 times.. International wires suck __________________ No sig.

11-23-2004, 04:35 PM	#18
baddog So Fucking Banned Industry Role: Join Date: Apr 2001 Location: the beach, SoCal Posts: 107,089	good thing you are independently wealthy

11-23-2004, 04:37 PM	#20
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	I agree...Banks fucking suck ass!! All the people at my Bank suck up my ass, they are nice as can be. But the bank in General sucks. Wires take a long time, everything is weird processing and shit.

11-23-2004, 04:52 PM	#21
boneprone Hall Of Fame Industry Role: Join Date: Jan 2001 Location: Portland Oregon USA Posts: 34,415	Wait till bank E enters the skit... Then the real fun begins! __________________ Industry Hall Of Fame Legend Mike Jones Bow to the Power - Still BP4L http://gfyawards.com/hall-of-fame Learn about it kids.

11-23-2004, 05:37 PM	#24
OWNED So Fucking Banned Join Date: Mar 2004 Posts: 852	GUESS WHAT ? YOU CHOSE THE WRONG FUCKING BANK TO OPEN AN ACCONT IN. YOU = OWNED.

11-23-2004, 06:22 PM	#25
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	That is why I deal with a Credit Union. I had something like that happen one. They put the money into my accounts, after I fax'ed them a copy of the wire papers. They said that they would get it worked out. 4 months later I got a letter stating that they had just recieved the funds. Someone in one of the banks had quit and thrown away the transfer papers. But I had the money all along. __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

11-23-2004, 06:33 PM	#26
BRISK Too lazy to set a custom title Join Date: Feb 2003 Posts: 12,240	Aaron, I've had the same problem in the past with wires. I get wires all the time, and 98% of the time they go through fine, but sometimes it goes wrong, and when wires go wrong, they go sooooooo wrong. Once I had $10,000 go "missing" for 3 weeks. Bank A said they sent it to bank B Bank B said they have no record of it. So I was like "Where the fuck is my $10,000?" All bank A could tell me is that it was sent, and they don't have it anymore. All bank B could tell me is that they haven't received it, and they have no record of it. One day, after 3 weeks, it just magically decided to show up in my account. On top of all that, I paid like $40 dollars for the privilege of that fuckin runaround service. __________________ I post on GFY so that when people ask me what I do, I can tell them that I work with the mentally retarded.

11-23-2004, 07:38 PM	#27
wyldblyss Confirmed User Join Date: Nov 2003 Location: The Buck Starts Here Posts: 5,779	I think we all have bank horror stories. Everyone makes mistakes...even banks

11-23-2004, 08:13 PM	#31
s9ann0 Confirmed User Join Date: Sep 2001 Location: Boston Posts: 4,873	yer dollar wires in and out of us are a bit unreliable to say the least