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Anyway, so today's headline comes from this posting of which is an extensive outtake below: Sorry We Don't Take Cash
"I am sorry, we no longer accept cash" - Bank Teller, Chase Bank in San Diego
Ummm...excuse me? Perhaps there is some mistake and I had walked into the Chipotle next door. As I stood there trying to make a deposit, the bank teller notified me that as of February, Chase bank had a new policy that they would no longer accept cash deposits into someone else's account. Even a few weeks later, I am still trying to wrap my head around this concept. Banks….don’t...accept….cash?
This wasn’t my first negative experience with a bank for the day. I had walked into my local Credit Union at 3:30pm and requested to complete a wire transfer. They informed me that it was past the deadline for that day, I would have to come back tomorrow. In an attempt to avoid spending more time at the bank, I asked if I could do all the paperwork and have it go out tomorrow. “No, you can’t do that. We don’t have the systems in place for that. You will have to just come back tomorrow”. "Tomorrow" was actually Saturday so I would really have to come back on Monday.
Annoyed, I decided I would just go make a cash deposit. Easy, right? Wrong. There was a line of 10 people to see the bank teller so I figured I would just go to the ATM. The transaction I needed to complete was for $1,100 but I was notified at the ATM of my withdrawal limit of $500 per day so, back inside. After 20 minutes of waiting in line, I was finally able to access my money after filling out a piece of paper. And with this accomplished, I was finally on my way to Chase bank.
It’s 2014, are we really still using pieces of paper?
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That first link has the rest of the story.
The BS is in transition - please check out the new links.
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