benjiabi Posted March 3, 2012 Report Share Posted March 3, 2012 Yesterday I went to open my non interest bank account at WF. I only provided the minimum info to the bank officer to open the account. She asked if I had a bank account with B of A and I asked why would you ask me that. She proceeded to tell me that after March 9th WF customers will be able to transfer funds to B of A accounts. I was very surprised to hear this and asked if the 2 banks were merging and she said no. Then why would 2 competing banks do such a thing? I asked and she said that because there were many requests from customers to be able to transfer funds between banks the same way one would transfer money between accounts in the same bank. The other strange thing she said was that she wondered why this was not Big News everywhere. The only info given to the banks about this came in a very short email from the Corporate Office. These news made a lot of sence to me since it is beeing advise for us to cash in with one bank & then transfer our funds to a 2nd bank for protection. Looks to me these 2 banks want to maximize on Dinar customers by making it easy to make transfers between only them two. Mmmmm? Are banks really getting ready for the RV? Any thoughts? 11 11 Link to comment Share on other sites More sharing options...
Mammaw Posted March 3, 2012 Report Share Posted March 3, 2012 Interesting, but not really surprising. It would make since that you wouldn't want all your eggs in one basket. You want to spread it around in the event an account is froze or bank goes under, etc. I have wired money from one to the other, but the actual transfer should be nice. I would think you would set it up on line, just like you do bill pay, etc. Something to think about for certain. 1 1 Link to comment Share on other sites More sharing options...
20MillionDinar Posted March 3, 2012 Report Share Posted March 3, 2012 This has nothing to do with a potential RV. Banks make money through fees. Sounds like a business decision. Don't read into this more than necessary... 9 2 Link to comment Share on other sites More sharing options...
Texas1 Posted March 3, 2012 Report Share Posted March 3, 2012 thanks for the first post.....not surprising as I ordered a lawn mower today at home depot with my lowes card.....something is about to happen with the dinar. 8 Link to comment Share on other sites More sharing options...
mrref Posted March 3, 2012 Report Share Posted March 3, 2012 Yesterday I went to open my non interest bank account at WF. I only provided the minimum info to the bank officer to open the account. She asked if I had a bank account with B of A and I asked why would you ask me that. She proceeded to tell me that after March 9th WF customers will be able to transfer funds to B of A accounts. I was very surprised to hear this and asked if the 2 banks were merging and she said no. Then why would 2 competing banks do such a thing? I asked and she said that because there were many requests from customers to be able to transfer funds between banks the same way one would transfer money between accounts in the same bank. The other strange thing she said was that she wondered why this was not Big News everywhere. The only info given to the banks about this came in a very short email from the Corporate Office. These news made a lot of sence to me since it is beeing advise for us to cash in with one bank & then transfer our funds to a 2nd bank for protection. Looks to me these 2 banks want to maximize on Dinar customers by making it easy to make transfers between only them two. Mmmmm? Are banks really getting ready for the RV? Any thoughts? Why is it always newbies that come up with these bank stories???? 6 2 Link to comment Share on other sites More sharing options...
littlefeet Posted March 3, 2012 Report Share Posted March 3, 2012 Why is it always newbies that come up with these bank stories???? I think they are nervous............ 1 Link to comment Share on other sites More sharing options...
KiaKaha Posted March 3, 2012 Report Share Posted March 3, 2012 Thanks for sharing, Benji, and welcome to dv KK 1 Link to comment Share on other sites More sharing options...
Dinaronair Posted March 3, 2012 Report Share Posted March 3, 2012 I work for a very large bank not giving the name but i can assure you we know nothing about anything about to happen.. My bank sells dinar and we also buy it from our customers but as far as having or being informed we are told and know nothing. So if other banks know thats great but the bank I work for and this bank as all over can assure you we as employees are not told or know nothing... 1 Link to comment Share on other sites More sharing options...
Snotrocket Posted March 3, 2012 Report Share Posted March 3, 2012 Welcome Benji.....all I can say is..... B of A B very of A 1 Link to comment Share on other sites More sharing options...
sportfisher Posted March 3, 2012 Report Share Posted March 3, 2012 I have been able to transfer funds online between B of A and Chase ever since Chase took over Wamu and snatched me up It's not anything significant the the RV of the IQD 3 1 Link to comment Share on other sites More sharing options...
Dinaronair Posted March 3, 2012 Report Share Posted March 3, 2012 And its not B of A, not a very good bank if you ask me b4 I started working for a bank 2 years ago I banked with them and what I know now about banking I would never bank with them Link to comment Share on other sites More sharing options...
few24u Posted March 3, 2012 Report Share Posted March 3, 2012 And its not B of A, not a very good bank if you ask me b4 I started working for a bank 2 years ago I banked with them and what I know now about banking I would never bank with them cuz...........................?????? Link to comment Share on other sites More sharing options...
Texas1 Posted March 3, 2012 Report Share Posted March 3, 2012 this one time, in bank camp 4 Link to comment Share on other sites More sharing options...
despain Posted March 3, 2012 Report Share Posted March 3, 2012 this one time, in bank camp Now, that is funny! Link to comment Share on other sites More sharing options...
jbt3 Posted March 3, 2012 Report Share Posted March 3, 2012 Yesterday I went to open my non interest bank account at WF. I only provided the minimum info to the bank officer to open the account. She asked if I had a bank account with B of A and I asked why would you ask me that. She proceeded to tell me that after March 9th WF customers will be able to transfer funds to B of A accounts. I was very surprised to hear this and asked if the 2 banks were merging and she said no. Then why would 2 competing banks do such a thing? I asked and she said that because there were many requests from customers to be able to transfer funds between banks the same way one would transfer money between accounts in the same bank. The other strange thing she said was that she wondered why this was not Big News everywhere. The only info given to the banks about this came in a very short email from the Corporate Office. These news made a lot of sence to me since it is beeing advise for us to cash in with one bank & then transfer our funds to a 2nd bank for protection. Looks to me these 2 banks want to maximize on Dinar customers by making it easy to make transfers between only them two. Mmmmm? Are banks really getting ready for the RV? Any thoughts? My wife has been with BOA for 15 years.. This is bogus.. You can wire transfer money from any bank to any bank for a fee.. Nothing more.. Nothing less 2 Link to comment Share on other sites More sharing options...
RRSport Posted March 3, 2012 Report Share Posted March 3, 2012 Are you telling me in the USA you cant login to your internet banking and just transfer money to any other bank in the country and it appears there overnight? I have multiple banks where I live and do this weekly. If ypou do it before 8pm it will be in the other bank by 8am next day. 1 Link to comment Share on other sites More sharing options...
shabbadude Posted March 3, 2012 Report Share Posted March 3, 2012 Newbies, gotta loose their milk teeth sometime... Link to comment Share on other sites More sharing options...
MovieMaker Posted March 3, 2012 Report Share Posted March 3, 2012 Interesting, thanks for sharing. Link to comment Share on other sites More sharing options...
DinarThug Posted March 3, 2012 Report Share Posted March 3, 2012 thanks for the first post.....not surprising as I ordered a lawn mower today at home depot with my lowes card..... I Thought That U Had Astroturf ? :D 2 Link to comment Share on other sites More sharing options...
20MillionDinar Posted March 3, 2012 Report Share Posted March 3, 2012 Are you telling me in the USA you cant login to your internet banking and just transfer money to any other bank in the country and it appears there overnight? I have multiple banks where I live and do this weekly. If ypou do it before 8pm it will be in the other bank by 8am next day. Exactly. This is an ACH. Almost all banks that provide internet banking allow their clients this option... 1 Link to comment Share on other sites More sharing options...
dvforumuser Posted March 3, 2012 Report Share Posted March 3, 2012 You can often transfer between financial institutions without fees. Its just an "external account", no wire transfer needed. I xfer between BoA, Orange, and Schwab all the time and have done so for years. Link to comment Share on other sites More sharing options...
Hot in AZ Posted March 3, 2012 Report Share Posted March 3, 2012 Credit union. Nuff Said. 2 Link to comment Share on other sites More sharing options...
yota691 Posted March 3, 2012 Report Share Posted March 3, 2012 Your right on the Money, Why would anybody do business with BOA , that issue account and loans with out a Social Security # , This has got to be the #1 worst bank in America. Folks before you deposit any huge amounts of money in a Bank do a Rating on them, its not that Hard!! Link to comment Share on other sites More sharing options...
jasondb17 Posted March 3, 2012 Report Share Posted March 3, 2012 I wouldn't put any of the Dinar revalue in WF or Bank of America. I would advise transfering to a larger bank like JP Morgan. Link to comment Share on other sites More sharing options...
skitealwedrop Posted March 3, 2012 Report Share Posted March 3, 2012 thanks for the first post.....not surprising as I ordered a lawn mower today at home depot with my lowes card.....something is about to happen with the dinar. Your a hoot! Thanks for the laugh. Gotta love those newbies. 1 Link to comment Share on other sites More sharing options...
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