Bank Sweeps
Date: Thu, 01/03/2008 - 20:50
I'm aware that some banks randomly do sweeps on accounts. Of course, I'm on Chexsystems from another bank that reported me. Well, my question is, if my current bank was to do a "sweep" and they see that I'm on Chexsystems, would the fact that I've kept this account always in the positive(never overdrawn), help me in anyway as far as the bank wanting to close my account because of the Chexsystems report? I've had this account for 3 months now.
It really depends on a lot of things. How are you reported to Ch
It really depends on a lot of things. How are you reported to Chexsystems? Does it indicate fraud, account abuse, nsf etc? Does it show as paid? Do you owe another bank money? It really all depends and especially depends on who your new account is with. All banks have different policies. If you can tell me the name of the bank I can tell you if I have heard anything about them specifically.
I have never heard of Huntington National Bank closing an accoun
I have never heard of Huntington National Bank closing an account, not ever ! I don't believe they do " sweeps" You should be just fine :D
sure no problem, I always suggest having a back up account if yo
sure no problem, I always suggest having a back up account if you are going to bank with a bank that uses chexsystems.