BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board
 
Post Reply
 
Thread Tools Search this Thread
      04-07-2011, 12:47 AM   #45
.:bHd:.
Major
.:bHd:.'s Avatar
Armenia
329
Rep
1,149
Posts

Drives: E92 335i MT
Join Date: Feb 2008
Location: So Cal

iTrader: (0)

I don't know how BofA works but if you deposit cash in a wells fargo ATM, throughout the whole transaction you can ask for your bills back if something goes wrong.
__________________

Appreciate 0
      04-07-2011, 12:58 AM   #46
Nutballa
Captain
Nutballa's Avatar
United_States
248
Rep
840
Posts

Drives: BMW F13 M6 // BMW F22 M235i
Join Date: Sep 2008
Location: Austin, Texas+ San Antonio

iTrader: (1)

Quote:
Originally Posted by Tondtar View Post
Who deposits "cash" in an ATM?
not I.
__________________
BMW FTW!

"Power is nothing without Control" - Pirelli.


Appreciate 0
      04-07-2011, 08:41 AM   #47
Maestro
Major
1001
Rep
1,268
Posts

Drives: 2007 335i Sedan, 2021 X3
Join Date: Nov 2006
Location: Philadelphia

iTrader: (0)

First you are only 7 days into this and they may need a little more time than this, I am not making excuses for the bank trust me, since I will hammer anyone who messes with my money.

As it was pointed out the ATM are audited and reconciled from time to time, not sure if they do it daily or weekly or how often but it is done. When this is done, if the machine has more cash then was put in by customers or the bank itself than it should show in the audit report. This is what you want to see is the audit report. The best way to handle this is to go to your local branch where you have your account set up. They are more motivated to help than the person on the phone.

Personally there are couple financial organizations I do not do business with Citi and all their derivatives, what was Mellon Bank, Bill me Later, and BofA because all these companies at one time or another have messed with my money. As far as I am concern they have less then ethical business practices when it comes to handling your money.

I too as someone else pointed use Wachovia and now Wells Fargo, I have been with Wachovia for 8 yrs and used Wells off and on for 20 yrs and I had couple of mortgages with them and they are great to deal with. I did a no cost refinance with Wells took a 30 yr to a 15 yr all over the phone. That alone saved me 10K in refinancing costs. I have been very happy with them and had very fee issues and when I did they cleared them up quickly and to my satisfaction and did not have to escalate it.
Appreciate 0
      04-07-2011, 08:45 AM   #48
Freakazoid
Captain
Freakazoid's Avatar
181
Rep
962
Posts

Drives: Saturn Redline
Join Date: Dec 2009
Location: Pittsburgh

iTrader: (0)

Quote:
Originally Posted by Maestro View Post
First you are only 7 days into this and they may need a little more time than this, I am not making excuses for the bank trust me, since I will hammer anyone who messes with my money.

As it was pointed out the ATM are audited and reconciled from time to time, not sure if they do it daily or weekly or how often but it is done. When this is done, if the machine has more cash then was put in by customers or the bank itself than it should show in the audit report. This is what you want to see is the audit report. The best way to handle this is to go to your local branch where you have your account set up. They are more motivated to help than the person on the phone.

Personally there are couple financial organizations I do not do business with Citi and all their derivatives, what was Mellon Bank, Bill me Later, and BofA because all these companies at one time or another have messed with my money. As far as I am concern they have less then ethical business practices when it comes to handling your money.

I too as someone else pointed use Wachovia and now Wells Fargo, I have been with Wachovia for 8 yrs and used Wells off and on for 20 yrs and I had couple of mortgages with them and they are great to deal with. I did a no cost refinance with Wells took a 30 yr to a 15 yr all over the phone. That alone saved me 10K in refinancing costs. I have been very happy with them and had very fee issues and when I did they cleared them up quickly and to my satisfaction and did not have to escalate it.
he's 7 days....and 3 years
Appreciate 0
      04-07-2011, 09:01 AM   #49
Rated M
Second Lieutenant
52
Rep
255
Posts

Drives: 2007 IB Z4MC
Join Date: Mar 2010
Location: Minnesota

iTrader: (2)

Hahahahah.... Not so epic thread bumpage.....
__________________
Appreciate 0
      04-07-2011, 09:52 AM   #50
bolinp78
G35 convertee
bolinp78's Avatar
69
Rep
1,009
Posts

Drives: 2008 335i (AW)
Join Date: May 2008
Location: .

iTrader: (1)

Quote:
Originally Posted by Maestro View Post
First you are only 7 days into this and they may need a little more time than this, I am not making excuses for the bank trust me, since I will hammer anyone who messes with my money.

As it was pointed out the ATM are audited and reconciled from time to time, not sure if they do it daily or weekly or how often but it is done. When this is done, if the machine has more cash then was put in by customers or the bank itself than it should show in the audit report. This is what you want to see is the audit report. The best way to handle this is to go to your local branch where you have your account set up. They are more motivated to help than the person on the phone.

Personally there are couple financial organizations I do not do business with Citi and all their derivatives, what was Mellon Bank, Bill me Later, and BofA because all these companies at one time or another have messed with my money. As far as I am concern they have less then ethical business practices when it comes to handling your money.

I too as someone else pointed use Wachovia and now Wells Fargo, I have been with Wachovia for 8 yrs and used Wells off and on for 20 yrs and I had couple of mortgages with them and they are great to deal with. I did a no cost refinance with Wells took a 30 yr to a 15 yr all over the phone. That alone saved me 10K in refinancing costs. I have been very happy with them and had very fee issues and when I did they cleared them up quickly and to my satisfaction and did not have to escalate it.
I just wasted 6 seconds of my life typing this, but it's ok because you just wasted 5 minutes of your life typing that.
__________________
Appreciate 0
      04-07-2011, 12:04 PM   #51
Negotiator
Lieutenant
Negotiator's Avatar
Ukraine
42
Rep
539
Posts

Drives: 07 GTI
Join Date: Jan 2008
Location: Fairfax, VA

iTrader: (0)

On an unrelated note, Capital One recently took over a local branch of banks who I've been banking with for a while now. I've hit a few annoyances during the switchover, but nothing really major, until my card's magstrip got scratched somewhere. I tried using it at several stores and it wasn't getting read, so I decided to get a new one.

I stopped at a CO branch, and told the teller that my card wasn't being read. The teller then went to poke the branch manager and told him I'm having issues with my card. The branch manager then flips out and is like "We can tell you your current balance sir, but we won't be able to tell you why your card has been blocked"... I'm like...ok, I didn't realize my card was blocked, it's just not being read.

The guy then checks, ofcourse it's not blocked, and then starts grilling me. He asked me when it was that I last used it, then tells me that i've paid for things since. I was like, yes, I ordered pizza online since, and I remember my card details. I have no idea why this dude went into this fucking crazy gestapo mode, but he was really getting on my nerves. Then he was like...You know, I have no idea why it wasn't working for you, I don't see any attempts to charge it on your history.



I figured he was derping a bit, so I'm like...yeah...the card is scratched, it wasn't read in the machine, why would it show up on your system. And if it did, why wouldn't it just charge it then? My assumption that this guy was a bit derp was incorrect. He looked me straight in the eyes and said, really proudly, "we can see EVERY transaction you make". I was like...Ok there, oh Seer of the Small Consumer Banking, I'm gonna roll. Switched to PNC, loving it.
Appreciate 0
      04-07-2011, 12:14 PM   #52
infinitekidM2C
Major General
infinitekidM2C's Avatar
United_States
4186
Rep
5,727
Posts

Drives: 2019 M2 Competition
Join Date: Nov 2007
Location: Orange County, CA

iTrader: (4)

Garage List
Credit unions people...im a BofA customer though hehe
Appreciate 0
      04-07-2011, 12:44 PM   #53
MediaArtist
There is No Substitute
MediaArtist's Avatar
United_States
72
Rep
1,186
Posts

Drives: Audi A6, 997 GT3 RS, E90 335i
Join Date: Apr 2010
Location: Laguna Beach, CA

iTrader: (0)

I have a BofA account and I keep about $2,000 total in it. I pay small bills, and use the ATM card for dining out, that's about it. BofA is not a great bank to park any large amount of money.
__________________
'13 Audi A6
'07 Porsche GT3 RS
'08 BMW E90 335i
Appreciate 0
      04-07-2011, 12:51 PM   #54
smmmurf
Colonel
273
Rep
2,187
Posts

Drives: E92 M3 DCT 353k+ miles
Join Date: Feb 2008
Location: Half Moon Bay, CA

iTrader: (7)

your letter is not going to get you anywhere

be forceful but BE POLITE
Appreciate 0
      04-07-2011, 12:56 PM   #55
CollinsE90
Where my bitches
CollinsE90's Avatar
United_States
739
Rep
1,924
Posts

Drives: Cadillac coupe deville
Join Date: Mar 2009
Location: street corner checking profits

iTrader: (0)

lol at all the people that dont realize this thread is 3 years old
__________________
Appreciate 0
      04-07-2011, 02:30 PM   #56
Maestro
Major
1001
Rep
1,268
Posts

Drives: 2007 335i Sedan, 2021 X3
Join Date: Nov 2006
Location: Philadelphia

iTrader: (0)

Quote:
Originally Posted by Freakazoid View Post
he's 7 days....and 3 years
shit i hate when that happens...
Appreciate 0
      04-07-2011, 02:31 PM   #57
persian54
Lieutenant General
persian54's Avatar
United_States
922
Rep
15,818
Posts

Drives: M760/G83M4
Join Date: Jun 2009
Location: The Valley, SoCal

iTrader: (298)

Quote:
Originally Posted by MediaArtist View Post
I have a BofA account and I keep about $2,000 total in it. I pay small bills, and use the ATM card for dining out, that's about it. BofA is not a great bank to park any large amount of money.
I beg to differ.

If you have 25k in there, you get 30 trades free per month on Merrill Lynch

and after that its only $5 per trade.

Can't really beat that..
Appreciate 0
      04-07-2011, 02:48 PM   #58
stooken
Brigadier General
United_States
184
Rep
4,244
Posts

Drives: E70 X5
Join Date: Apr 2007
Location: NOR*CAL

iTrader: (2)

Not sure with the new system, but the old system, there are audits/counts of the cash in the machine. They have to deplete the cash and re-fill it a few times a week. I'm pretty sure it's still the same now.

I'd go in the branch where the ATM is located and talk to the manager politely. Ask if he/she can go into the machine and check if your money got stuck somewhere that's not noticeable. Just explain to him/her the situation and be as nice as possible. After all, your money is technically not even there.

They used to keep logs of the over/under cash count too. I used to work there and found loose bills all over the place.
__________________
2010 E92 BSM 335i | M-Sport | ST Coils | Linea Corse Lemans | Cobb AP | BMS DCI | Cyba Tips
Appreciate 0
      04-07-2011, 03:00 PM   #59
MediaArtist
There is No Substitute
MediaArtist's Avatar
United_States
72
Rep
1,186
Posts

Drives: Audi A6, 997 GT3 RS, E90 335i
Join Date: Apr 2010
Location: Laguna Beach, CA

iTrader: (0)

Quote:
Originally Posted by persian54 View Post
I beg to differ.

If you have 25k in there, you get 30 trades free per month on Merrill Lynch

and after that its only $5 per trade.

Can't really beat that..
I'm not an active day trader, nor have I ever made money actively trading. That's a benefit I would never use.
__________________
'13 Audi A6
'07 Porsche GT3 RS
'08 BMW E90 335i
Appreciate 0
      04-07-2011, 03:22 PM   #60
Year's_End
Lieutenant General
Year's_End's Avatar
United_States
1112
Rep
12,442
Posts

Drives: 2020 Shelby GT350
Join Date: Feb 2007
Location: FL

iTrader: (0)

Man, got my hopes up seeing Boost Nation's username
__________________
Past: '08 E92 335i|ZPP|ZSP|6AT
Past: '15 Mustang GT|401A|PP|6MT
Current: '20 Shelby GT350|6MT
Appreciate 0
      04-07-2011, 04:31 PM   #61
persian54
Lieutenant General
persian54's Avatar
United_States
922
Rep
15,818
Posts

Drives: M760/G83M4
Join Date: Jun 2009
Location: The Valley, SoCal

iTrader: (298)

Quote:
Originally Posted by MediaArtist View Post
I'm not an active day trader, nor have I ever made money actively trading. That's a benefit I would never use.
I see.

Other than those free trades, BofA doesn't provide anything else that matters

CitiGold is the best in my opinion.

And they're customer service is a level above the rest from my experience
Appreciate 0
      04-07-2011, 04:35 PM   #62
CollinsE90
Where my bitches
CollinsE90's Avatar
United_States
739
Rep
1,924
Posts

Drives: Cadillac coupe deville
Join Date: Mar 2009
Location: street corner checking profits

iTrader: (0)

I want a bank that can teach me how to dougie
__________________
Appreciate 0
      04-07-2011, 06:20 PM   #63
stooken
Brigadier General
United_States
184
Rep
4,244
Posts

Drives: E70 X5
Join Date: Apr 2007
Location: NOR*CAL

iTrader: (2)

Quote:
Originally Posted by CollinsE90 View Post
lol at all the people that dont realize this thread is 3 years old
__________________
2010 E92 BSM 335i | M-Sport | ST Coils | Linea Corse Lemans | Cobb AP | BMS DCI | Cyba Tips
Appreciate 0
      04-07-2011, 07:36 PM   #64
BayMoWe335
Colonel
1173
Rep
2,132
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

Their stock traded at $35 when this thread was made. Perhaps that's why they crashed?

Kidding aside, BAC or any bank really don't give a shit about personal accounts.
Appreciate 0
      04-07-2011, 08:20 PM   #65
Echo M3
Major
No_Country
123
Rep
1,432
Posts

Drives: E90 M3
Join Date: Sep 2009
Location: NY

iTrader: (0)

Quote:
Originally Posted by persian54 View Post
I beg to differ.

If you have 25k in there, you get 30 trades free per month on Merrill Lynch

and after that its only $5 per trade.

Can't really beat that..
It's also an epic waste of money leaving $25k in an account generating essentially 0% interest just to get 30 free trades (~$300 value, giving you a grand 1.2% yearly interest on your deposit).

You're better off finding a higher interest-yielding account or money market fund and making your trades via a 3rd party like ameritrade.
Appreciate 0
      04-07-2011, 08:26 PM   #66
Eric@e2design
United_States
7
Rep
169
Posts

Drives: Supercharged E46 M3
Join Date: Jun 2008
Location: Santa Ana, CA

iTrader: (1)

Quote:
Originally Posted by pman10 View Post
It's also an epic waste of money leaving $25k in an account generating essentially 0% interest just to get 30 free trades (~$300 value, giving you a grand 1.2% yearly interest on your deposit).

You're better off finding a higher interest-yielding account or money market fund and making your trades via a 3rd party like ameritrade.
Yes and no.. he may have some insane spending habits and income and actually cycle $25k



not likely any of us do but im just saying when I sold my old car I deposited all the money in and the teller said something about BOA VIP/PREMIUM/VALUED MEMBER or something and started reading me the benefits it includes a whole list of free banking services.

But yah I agree 25k in the checking account is a complete waste of money
Appreciate 0
Post Reply

Bookmarks

Tags
ignore persian54 = dumb, persian54 hot4ladyboys

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 05:48 PM.




m3post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST