Question about closing checking account?
Date: Fri, 04/03/2009 - 04:14
Who did you write the check to? Can you contact them and tell
Who did you write the check to?
Can you contact them and tell them you are victim of fraud and you had to close your account and then send them a MO or use a prepaid Visa to pay them.
debt
Have you talked to your bank? Usually banks can be understanding about this kind of issue and can be willing to work with you.
A $20 check would not stop me from securing my bank account. Co
A $20 check would not stop me from securing my bank account. Contact the person you wrote the check to and explain your account is closed due to fraud and pay them another way as suggested above. If your account remains unsecure it will cost you alot more than $20 in fees if the PDL's come through. This would be a no brainer for me but you do what you are comfortable with.
Ok, I was able to get the $20 check and pay them cash. Now I ne
Ok, I was able to get the $20 check and pay them cash. Now I need to get to the bank and close my account. My bank will not process any ACH withdrawals after 24 hours of closing account. They said anything after 24 hours would be returned as "account closed". If my loans are due on Thursday 4-9-09, (they will come out of account on Friday morning) when is the last possible day that I can fax my ACH revoke letters to them. I want to wait as long as I can, but yet give the 3 day notice. Is it 3 days before withdrwal date or 3 days including the due date? Thanks!!
I actually faxed the revokation letters after my account was sec
I actually faxed the revokation letters after my account was secure, because i have heard too many stories of them taking the money out early.. even if they get the notice on time i doubt they will listen to it.. that's just my humble opinion though.
Ok, I was able to get the $20 check and pay them cash. Now I ne
Ok, I was able to get the $20 check and pay them cash. Now I need to get to the bank and close my account. My bank will not process any ACH withdrawals after 24 hours of closing account. They said anything after 24 hours would be returned as "account closed". If my loans are due on Thursday 4-9-09, (they will come out of account on Friday morning) when is the last possible day that I can fax my ACH revoke letters to them. I want to wait as long as I can, but yet give the 3 day notice. Is it 3 days before withdrwal date or 3 days including the due date? Thanks!!
The law reads.. Quote:Consumer's right to stop payment--(1)
The law reads..
Quote:
Consumer's right to stop payment--(1) Notice. A consumer may stop payment of a preauthorized electronic fund transfer from the consumer's account by notifying the financial institution orally or in writing at least three business days before the scheduled date of the transfer. |
Once your account is closed for 24 hours then fire off the letters.
Ok, another dumb question. 24 hours will be Saturday afternoon.
Ok, another dumb question. 24 hours will be Saturday afternoon. Do they consider Saturday a business day or would it be Monday afternoon. I want to make sure I have all my ducks in a row. Don't want to get burned!!
I would say Monday. You can send them out Tuesday morning and
I would say Monday.
You can send them out Tuesday morning and still be in the three day time frame as they don't debit until Friday.