Can't Deposit Cash in Friend's Account -- But Money Orders Are A-Okay!

I mean, seriously. Bank of America started this policy a year or so back -- you can't deposit cash into someone else's account unless you yourself have an account at the bank. Pretty annoying, but I do at least have an account with them.

Now Suntrust just adopted the same policy, except they said I CAN deposit a money order. That just seems beyond stupid -- what is more likely to be fake -- a bunch of 20's or a money order?

Does this policy exist elsewhere other than Florida, which may well be the drug-money and counterfeiting capital of the USA?

 

My wife needed change for a $100, went to a bank we use, but not very often, had to show ID and account #, NO ACCOUNT NO CHANGE. Has gotten craZZZZy.

This is small town Florida

 

BITCOIN

 

Just save yourself the trouble and mail me the cash directly. Money order would be ok also. Thanks in advance.

 

...under "money laundering" umbrella, changes appear to be latest move to better track those pesky cash transactions...

 

Make them an offer they cant refuse.

 

Our local BOA will not accept change for deposit.

 

I would like to know what happened to all the coin counters at Banks. The local Chase bank will not count coins. They give you rolls and you have to fill them yourself. That is fine and i do it. But i always ask about the old coin machines. I would buy one in a second. The lady of the house works at a restaurant. We have buckets of coins every week to sort through from her job.

 

TD bank got sued over the coin machine not giving a correct count. There was a class action suit which I was a part of and received a .93 settlement check. The removed all the machines shortly before the news got out. 2 of our local supermarkets have coin sorters but the get 1/10th as a fee.

 

I thought they were gonna have a meltdown when we bought our house and I showed up with cash for the earnest money. Played twenty questions and showed them money machine receipts for the withdrawals.
Just remember, when you put "your" money into the bank it becomes their money. Good luck if they don't want to have it back.
Don't get me started on the fed.

 

It seems to me that they can't refuse to accept legal tender. I thought was federal law.

 

^ You'd think so, right, but there are legal places of business that supposedly legally refuse to accept cash.

Man, I will be getting off this rock at about the limit of my social tolerance.

 

My credit union has a coin counter machine......

 

I have a small local bank as my main- I think it has like 6 branches. When the savings & loan trouble years ago was racking all the banks, mine was just fine.
They still have a coin counter- free to account holders.

Think about the person(s) who sued over incorrect coin machine results- they had counted all their change beforehand, likely more than once!
I marvel at people with this kind of time.

 

I put all my change at the end of each day into a gallon jug. It takes about 18 months average to fill it up. each time I sort , count and roll it will add up to 470-500$ First time I used the machine it added up to 470 something. the next time the machine jammed and stopped mid count. the teller cleared the jamb and I only got a total of 390 ish. I inquired about it and they said it was most likely that I had more pennys than the other coins but the print out clearly showed quarters as the larger percentage of coins. All the coins fall into a zippered bag so theres no going back for a recount. Currently I have 2.25 jars full. when its time I'll probably roll them.

 

The Wells Fargo I use still has a coin counter, and they run my jars for free.

 

It's near impossible to keep change in my house, there's these two little 4 foot coin ninjas that swoop in and make it disappear! I usually empty my pockets at the end of the day on my counter and throw the clothes in the laundry. When I get up and get ready for work and put stuff back into my pockets the $$bills, phone and keys are there but that dam change is gone lol. When I ask where it went I get the response "you told us to save for our Disneyland trip"

 

Our local Fifth Third bank has a coin counter. So did the Middlesex bank office that I used in Massachusetts. The middlesex bank would use the counting slip as proof of the count for deposit, so they must have had a fair amount of faith in it.

 

My local credit union accepts rolled coins up to $100.00 fee free for deposit. It takes me about 2 months to accumulate that much.

Now you have me thinking about when I last saw a coin machine.

 

first bitcoin futures contract

wow