Nosy banks

Jessica Nelson4 said:That isn't quite right. While there is certainly room for further scrutiny, what I find truly amusing is how someone might jump ship from one bank to another, only to ditch the second one just as quickly if they try to follow suit. If that pattern continues, we could easily reach a point within two years where they are forced to finally commit to a single institution, even if the selection process involves some rather pointed questions—perhaps even ethical ones. 🎉

What part isn't right? The part where all banks ask these nonsense questions. The only right thing to do is switch banks and take it up with the Federal Reserve, the FTC, the bank itself, and spread the word... I see you're criticizing us who complain and switch banks—basically, those of us doing the questioning. Now you say we need to question things, but you think it's "funny to quote how we flee from such banks." I guess you don't get our way of fighting back, or maybe you think your method of "questioning" is better. I haven't figured out what your method actually is yet, so please, share it with us.

Unfortunately, I guess ethical banks can't really afford lawyers who would fight the system in such a confrontational way, so you shouldn't expect much there. Compliance is just so demanding that a lot of places take the path of least resistance. From what I know, many of our banks basically just used a KYC template from PwC, took the easy way out, and just don't care about this stuff. I don't think there's any direct malice behind it, just maybe some lack of interest in protecting personal data.

Nathan Morris3 said:What part isn't right? The part where all banks ask these nonsense questions. The only right thing to do is switch banks and take it up with the Federal Reserve, the FTC, the bank itself, and spread the word... I see you're criticizing us who complain and switch banks—basically, those of us doing the questioning. Now you say we need to question things, but you think it's "funny to quote how we flee from such banks." I guess you don't get our way of fighting back, or maybe you think your method of "questioning" is better. I haven't figured out what your method actually is yet, so please, share it with us.

Unfortunately, I guess ethical banks can't really afford lawyers who would fight the system in such a confrontational way, so you shouldn't expect much there. Compliance is just so demanding that a lot of places take the path of least resistance. From what I know, many of our banks basically just used a KYC template from PwC, took the easy way out, and just don't care about this stuff. I don't think there's any direct malice behind it, just maybe some lack of interest in protecting personal data.

I bolded that part because it was my response to your claim that "all banks ask the same questions," implying there's no point in questioning them if they all act the same way. On the contrary, we absolutely need to question it. Of course, I find it amusing to read about someone switching banks over specific questions, especially when it's highly likely they'll face the exact same inquiries elsewhere. If I were seeing someone moving fifty thousand dollars a month—who knows, maybe they are—it would be a different story, but since the IRS now has visibility into checking accounts, it feels somewhat futile. I certainly understand your way of fighting back, though I have my doubts about whether it will truly yield results. I sincerely hope it does, because you are standing up for something morally sound. My amusement is a separate matter, as I'm currently dealing with much larger headaches because of this whole mess. For instance, they're asking me if I'm an American citizen or not, and honestly, I really care.

I made my exit from Bank of America specifically because they’ve become far too arrogant—that recent circular memo was really just the final nail in the coffin... once I started moving my funds, my personal banker at Bank of America called me the very next day—though I hadn't even asked for her assistance—to ask if I wanted to put that money into a CD 😵 don't be ridiculous, if I transferred it out, it means I have no intention of bringing it back ☕
then, every single time I stepped foot into a branch, they would try to pitch me various service packages, CDs, or mutual fund investments 🙂 if that were actually what I wanted, I would have asked for it myself
it continued until they began calling me constantly to come into the branch to fill out survey forms regarding alleged anti-terrorism and anti-money laundering compliance... honestly, give me a break, you aren't the only bank in the country

Jessica Nelson4 said:I bolded that part because it was my response to your claim that "all banks ask the same questions," implying there's no point in questioning them if they all act the same way. On the contrary, we absolutely need to question it. Of course, I find it amusing to read about someone switching banks over specific questions, especially when it's highly likely they'll face the exact same inquiries elsewhere. If I were seeing someone moving fifty thousand dollars a month—who knows, maybe they are—it would be a different story, but since the IRS now has visibility into checking accounts, it feels somewhat futile. I certainly understand your way of fighting back, though I have my doubts about whether it will truly yield results. I sincerely hope it does, because you are standing up for something morally sound. My amusement is a separate matter, as I'm currently dealing with much larger headaches because of this whole mess. For instance, they're asking me if I'm an American citizen or not, and honestly, I really care.

Well, it's funny to you that we switch banks when we don't like how they treat us. But I guess it's even funnier that you probably wouldn't switch banks if you were unhappy with their service. And where did you get the idea that everyone asks the same things? You mentioned it's "likely they'll ask elsewhere." Maybe, maybe not, but there's not much of a stand there if you just accept it. Besides, we talked about this before—not everyone asks. I had pretty decent experiences with JP Morgan Chase, Wells Fargo, and even the FAA (at least regarding this). Citigroup and Bank of America were pretty bad. So, instead of making fun of our methods—which might even be a little Gandhi-esque—maybe try doing something small yourself instead of just being part of the crowd that gets used to injustice. Tell us, how do you "question" this kind of banking behavior? Do you write formal complaints or report them? If you've gotten any responses, maybe share them with us.

I guess not everyone understands the laws as well as I do, but that "why even bother?" attitude makes me feel a bit sick, because it doesn't help anyone.

Nathan Morris3 said:Well, it's funny to you that we switch banks when we don't like how they treat us. But I guess it's even funnier that you probably wouldn't switch banks if you were unhappy with their service. And where did you get the idea that everyone asks the same things? You mentioned it's "likely they'll ask elsewhere." Maybe, maybe not, but there's not much of a stand there if you just accept it. Besides, we talked about this before—not everyone asks. I had pretty decent experiences with JP Morgan Chase, Wells Fargo, and even the FAA (at least regarding this). Citigroup and Bank of America were pretty bad. So, instead of making fun of our methods—which might even be a little Gandhi-esque—maybe try doing something small yourself instead of just being part of the crowd that gets used to injustice. Tell us, how do you "question" this kind of banking behavior? Do you write formal complaints or report them? If you've gotten any responses, maybe share them with us.

I guess not everyone understands the laws as well as I do, but that "why even bother?" attitude makes me feel a bit sick, because it doesn't help anyone.

I had a bit of a run-in with some staff over at Bank of America recently, which was honestly quite a headache. There was this one instance where I let about fifteen dollars slide during a transaction, and things just seemed to spiral from there. $0.00 I sat down at the counter and they basically told me that they’ll just handle things however they see fit now because people are being so difficult, which was quite a bold move on their part—so naturally, they gave me a call later to smooth things over. It’s funny you mention that, because in my neck of the woods, if I recall correctly, there are about four Bank of America branches nearby, and I’ve actually started noticing a bit of a pattern where they seem to shuffle all the customers who had issues at one location over to a specific branch just to get them out of the way. 🙏

Nathan Morris3 said:Well, it's funny to you that we switch banks when we don't like how they treat us. But I guess it's even funnier that you probably wouldn't switch banks if you were unhappy with their service. And where did you get the idea that everyone asks the same things? You mentioned it's "likely they'll ask elsewhere." Maybe, maybe not, but there's not much of a stand there if you just accept it. Besides, we talked about this before—not everyone asks. I had pretty decent experiences with JP Morgan Chase, Wells Fargo, and even the FAA (at least regarding this). Citigroup and Bank of America were pretty bad. So, instead of making fun of our methods—which might even be a little Gandhi-esque—maybe try doing something small yourself instead of just being part of the crowd that gets used to injustice. Tell us, how do you "question" this kind of banking behavior? Do you write formal complaints or report them? If you've gotten any responses, maybe share them with us.

I guess not everyone understands the laws as well as I do, but that "why even bother?" attitude makes me feel a bit sick, because it doesn't help anyone.

Why even pose the question when you end up providing your own answer by the third sentence? It’s a bit circular, isn't it? Whether they actually want to or not is anyone's guess, which is exactly why I phrased my post as "it's highly possible" rather than making a definitive claim that it's a certainty.

Nathan Morris3 said:Well, it's funny to you that we switch banks when we don't like how they treat us. But I guess it's even funnier that you probably wouldn't switch banks if you were unhappy with their service. And where did you get the idea that everyone asks the same things? You mentioned it's "likely they'll ask elsewhere." Maybe, maybe not, but there's not much of a stand there if you just accept it. Besides, we talked about this before—not everyone asks. I had pretty decent experiences with JP Morgan Chase, Wells Fargo, and even the FAA (at least regarding this). Citigroup and Bank of America were pretty bad. So, instead of making fun of our methods—which might even be a little Gandhi-esque—maybe try doing something small yourself instead of just being part of the crowd that gets used to injustice. Tell us, how do you "question" this kind of banking behavior? Do you write formal complaints or report them? If you've gotten any responses, maybe share them with us.

I guess not everyone understands the laws as well as I do, but that "why even bother?" attitude makes me feel a bit sick, because it doesn't help anyone.

I’m certainly not making fun of anyone here. It honestly feels like there's a widespread lack of reading comprehension lately, almost as if we're all suffering from some sort of new-age internet syndrome where people only skim the surface. I simply mentioned that I found the situation amusing or entertaining to read, but that was never my intention to mock or ridicule anyone.

Nathan Morris3 said:Well, it's funny to you that we switch banks when we don't like how they treat us. But I guess it's even funnier that you probably wouldn't switch banks if you were unhappy with their service. And where did you get the idea that everyone asks the same things? You mentioned it's "likely they'll ask elsewhere." Maybe, maybe not, but there's not much of a stand there if you just accept it. Besides, we talked about this before—not everyone asks. I had pretty decent experiences with JP Morgan Chase, Wells Fargo, and even the FAA (at least regarding this). Citigroup and Bank of America were pretty bad. So, instead of making fun of our methods—which might even be a little Gandhi-esque—maybe try doing something small yourself instead of just being part of the crowd that gets used to injustice. Tell us, how do you "question" this kind of banking behavior? Do you write formal complaints or report them? If you've gotten any responses, maybe share them with us.

I guess not everyone understands the laws as well as I do, but that "why even bother?" attitude makes me feel a bit sick, because it doesn't help anyone.

I already posted my thoughts above, where I went ahead and put down 15. $0.00 I walked up to the counter and simply told them they’d have to figure it out on their own. Honestly, if they were struggling with their own internal processes, that wasn't my burden to bear, though I did end up heading back once they gave me a call to get everything squared away. In this particular instance, the friction arose because I refused to sign a manual ledger detailing exactly how much cash I was depositing and to whom. I had been consistently using my business account and providing my signature on the standard deposit slips, but the teller insisted that wasn't the case. I calmly suggested she take a quick look at the last few million dollars in transactions, which clearly showed a history of consistent deposits, yet she still tried to argue that I must have been filling out those extra forms every single time. I just looked her in the eye, told her they'd need to handle it themselves, and walked out. They realized their mistake relatively quickly, called me, and by the time I returned, the whole situation was perfectly resolved.

I recall an instance when I first opened a currency exchange bureau, and a clerk there told me quite candidly, "I'm new here; this is my first time working at an exchange." Fast forward a few months—though I don't visit that particular branch very often—and she suddenly returns acting as if she were the ultimate authority on currency exchanges, even though the poor woman couldn't even count cash properly.

The only inquiries I ever faced were things like whether I was a U.S. citizen or if I had any interest in moving funds into their investment vehicles. My answer was always a polite, "No, thank you." At one point, I had about $2,500 sitting there, so I decided to withdraw it all; I simply didn't want to deal with waiting a full business day just to access my own money when I needed it.

Nathan Morris3 said:Well, it's funny to you that we switch banks when we don't like how they treat us. But I guess it's even funnier that you probably wouldn't switch banks if you were unhappy with their service. And where did you get the idea that everyone asks the same things? You mentioned it's "likely they'll ask elsewhere." Maybe, maybe not, but there's not much of a stand there if you just accept it. Besides, we talked about this before—not everyone asks. I had pretty decent experiences with JP Morgan Chase, Wells Fargo, and even the FAA (at least regarding this). Citigroup and Bank of America were pretty bad. So, instead of making fun of our methods—which might even be a little Gandhi-esque—maybe try doing something small yourself instead of just being part of the crowd that gets used to injustice. Tell us, how do you "question" this kind of banking behavior? Do you write formal complaints or report them? If you've gotten any responses, maybe share them with us.

I guess not everyone understands the laws as well as I do, but that "why even bother?" attitude makes me feel a bit sick, because it doesn't help anyone.

I truly do understand why you're putting in the effort, but I can't help feeling a bit skeptical about whether it will actually make a difference, mostly because I suspect the banks don't actually crave all this data themselves; they probably just received a directive from above and honestly couldn't care less.

🙂
By the way, what is going on with the posts in this section lately? It seems like people get a little too worked up and immediately turn aggressive toward one another. I think I'll go read a more relaxed thread instead.🕺

Jessica Nelson4 said:I bolded that part because it was my response to your claim that "all banks ask the same questions," implying there's no point in questioning them if they all act the same way. On the contrary, we absolutely need to question it. Of course, I find it amusing to read about someone switching banks over specific questions, especially when it's highly likely they'll face the exact same inquiries elsewhere. If I were seeing someone moving fifty thousand dollars a month—who knows, maybe they are—it would be a different story, but since the IRS now has visibility into checking accounts, it feels somewhat futile. I certainly understand your way of fighting back, though I have my doubts about whether it will truly yield results. I sincerely hope it does, because you are standing up for something morally sound. My amusement is a separate matter, as I'm currently dealing with much larger headaches because of this whole mess. For instance, they're asking me if I'm an American citizen or not, and honestly, I really care.

And hey, maybe they won't even have to worry about that.

It’s just so wild how the world works, isn't it? I guess things just have a way of looping back on themselves, right? 😁

-briskjackal5

...well, it certainly seems possible 😬

Jessica Nelson4 said:I had a bit of a run-in with some staff over at Bank of America recently, which was honestly quite a headache. There was this one instance where I let about fifteen dollars slide during a transaction, and things just seemed to spiral from there. $0.00 I sat down at the counter and they basically told me that they’ll just handle things however they see fit now because people are being so difficult, which was quite a bold move on their part—so naturally, they gave me a call later to smooth things over. It’s funny you mention that, because in my neck of the woods, if I recall correctly, there are about four Bank of America branches nearby, and I’ve actually started noticing a bit of a pattern where they seem to shuffle all the customers who had issues at one location over to a specific branch just to get them out of the way. 🙏

Why even pose the question when you end up providing your own answer by the third sentence? It’s a bit circular, isn't it? Whether they actually want to or not is anyone's guess, which is exactly why I phrased my post as "it's highly possible" rather than making a definitive claim that it's a certainty.

I’m certainly not making fun of anyone here. It honestly feels like there's a widespread lack of reading comprehension lately, almost as if we're all suffering from some sort of new-age internet syndrome where people only skim the surface. I simply mentioned that I found the situation amusing or entertaining to read, but that was never my intention to mock or ridicule anyone.

I already posted my thoughts above, where I went ahead and put down 15. $0.00 I walked up to the counter and simply told them they’d have to figure it out on their own. Honestly, if they were struggling with their own internal processes, that wasn't my burden to bear, though I did end up heading back once they gave me a call to get everything squared away. In this particular instance, the friction arose because I refused to sign a manual ledger detailing exactly how much cash I was depositing and to whom. I had been consistently using my business account and providing my signature on the standard deposit slips, but the teller insisted that wasn't the case. I calmly suggested she take a quick look at the last few million dollars in transactions, which clearly showed a history of consistent deposits, yet she still tried to argue that I must have been filling out those extra forms every single time. I just looked her in the eye, told her they'd need to handle it themselves, and walked out. They realized their mistake relatively quickly, called me, and by the time I returned, the whole situation was perfectly resolved.

I recall an instance when I first opened a currency exchange bureau, and a clerk there told me quite candidly, "I'm new here; this is my first time working at an exchange." Fast forward a few months—though I don't visit that particular branch very often—and she suddenly returns acting as if she were the ultimate authority on currency exchanges, even though the poor woman couldn't even count cash properly.

The only inquiries I ever faced were things like whether I was a U.S. citizen or if I had any interest in moving funds into their investment vehicles. My answer was always a polite, "No, thank you." At one point, I had about $2,500 sitting there, so I decided to withdraw it all; I simply didn't want to deal with waiting a full business day just to access my own money when I needed it.

I truly do understand why you're putting in the effort, but I can't help feeling a bit skeptical about whether it will actually make a difference, mostly because I suspect the banks don't actually crave all this data themselves; they probably just received a directive from above and honestly couldn't care less.

🙂
By the way, what is going on with the posts in this section lately? It seems like people get a little too worked up and immediately turn aggressive toward one another. I think I'll go read a more relaxed thread instead.🕺

I was just responding to what you said about how if Wells Fargo or the Federal Reserve asks the same question, you'd probably just close your account there too. It sounded kind of hopeless to me, maybe like encouraging people to give up. Tell me if I'm misreading it, but that's just how it came across, sorry.

I get why you're trying, I really do, but I'm worried it won't actually matter.

To be honest, it probably will matter. But I guess I just don't want us to be discouraged by being called "funny."
When we finally realize everything has gone south and we've lost control over our own lives—like our cash or privacy—I just want to know I at least tried to do something about it.
I mean, honestly, watching us switch banks might be entertaining for you, but it's just as amusing for me to read bank arguments when you call them out on laws that say the exact opposite of what they claim. It gets a bit sad when you realize none of it changes the outcome. At least things are better now that Rhode Island is part of the European Union, since there are more layers of oversight to make sure laws are actually followed.

Nathan Morris3 said:I was just responding to what you said about how if Wells Fargo or the Federal Reserve asks the same question, you'd probably just close your account there too. It sounded kind of hopeless to me, maybe like encouraging people to give up. Tell me if I'm misreading it, but that's just how it came across, sorry.

I get why you're trying, I really do, but I'm worried it won't actually matter.

To be honest, it probably will matter. But I guess I just don't want us to be discouraged by being called "funny."
When we finally realize everything has gone south and we've lost control over our own lives—like our cash or privacy—I just want to know I at least tried to do something about it.
I mean, honestly, watching us switch banks might be entertaining for you, but it's just as amusing for me to read bank arguments when you call them out on laws that say the exact opposite of what they claim. It gets a bit sad when you realize none of it changes the outcome. At least things are better now that Rhode Island is part of the European Union, since there are more layers of oversight to make sure laws are actually followed.

Not everyone on this forum takes things as seriously as Biden does. I certainly didn't mean any offense toward Laura Chavez93 (though I have to say, I really dig her username 😁)...

Nathan Morris3 said:I was just responding to what you said about how if Wells Fargo or the Federal Reserve asks the same question, you'd probably just close your account there too. It sounded kind of hopeless to me, maybe like encouraging people to give up. Tell me if I'm misreading it, but that's just how it came across, sorry.

I get why you're trying, I really do, but I'm worried it won't actually matter.

To be honest, it probably will matter. But I guess I just don't want us to be discouraged by being called "funny."
When we finally realize everything has gone south and we've lost control over our own lives—like our cash or privacy—I just want to know I at least tried to do something about it.
I mean, honestly, watching us switch banks might be entertaining for you, but it's just as amusing for me to read bank arguments when you call them out on laws that say the exact opposite of what they claim. It gets a bit sad when you realize none of it changes the outcome. At least things are better now that Rhode Island is part of the European Union, since there are more layers of oversight to make sure laws are actually followed.

Oh, come on now, there's no need to take offense. I sometimes feel like we're living in an overly sensitive world, so please, try to take a joke once in a while... if my posts truly discourage you that much, then I genuinely feel for you. You've latched onto one specific sentence of mine, and now we're stuck in a loop that's just cluttering up this thread. I actually find it quite heartening to see everyone fighting the good fight, and yes, it is entertaining for me. It's similar to how I enjoy the occasional struggle against some blowhards, but well, that's just how life goes 🙂

Jessica Nelson4 said:Not everyone on this forum takes things as seriously as Biden does. I certainly didn't mean any offense toward Laura Chavez93 (though I have to say, I really dig her username 😁)...

Oh, come on now, there's no need to take offense. I sometimes feel like we're living in an overly sensitive world, so please, try to take a joke once in a while... if my posts truly discourage you that much, then I genuinely feel for you. You've latched onto one specific sentence of mine, and now we're stuck in a loop that's just cluttering up this thread. I actually find it quite heartening to see everyone fighting the good fight, and yes, it is entertaining for me. It's similar to how I enjoy the occasional struggle against some blowhards, but well, that's just how life goes 🙂

HaHa, fair enough 😉.
Maybe I did overreact a little, I guess. From where I'm sitting, it feels like there aren't many people actually standing up against things that are wrong, so when I see someone laughing at us—even in a benign way—I maybe take it a bit too seriously. I'm glad Americans aren't as uptight as Austrians (who are all I'm surrounded by right now), but maybe a little more civic engagement, like knowing our rights and the law, wouldn't hurt.

Nathan Morris3 said:I was just responding to what you said about how if Wells Fargo or the Federal Reserve asks the same question, you'd probably just close your account there too. It sounded kind of hopeless to me, maybe like encouraging people to give up. Tell me if I'm misreading it, but that's just how it came across, sorry.

I get why you're trying, I really do, but I'm worried it won't actually matter.

To be honest, it probably will matter. But I guess I just don't want us to be discouraged by being called "funny."
When we finally realize everything has gone south and we've lost control over our own lives—like our cash or privacy—I just want to know I at least tried to do something about it.
I mean, honestly, watching us switch banks might be entertaining for you, but it's just as amusing for me to read bank arguments when you call them out on laws that say the exact opposite of what they claim. It gets a bit sad when you realize none of it changes the outcome. At least things are better now that Rhode Island is part of the European Union, since there are more layers of oversight to make sure laws are actually followed.

🙂
As I have already noted, I attempted to resolve this through civilized channels... I wanted to handle it over the phone, but they insisted that wasn't an option 🙄
so I offered to send all the necessary documentation via email—they refused that as well.
Afterward, I suggested they simply contact the local municipality or the IRS, given that they hold all the same data—again, they wouldn't hear of it 😵 the only way to satisfy their requirements was to physically visit a branch, endure an interrogation as if I were some sort of criminal suspect
and then sign away my rights to let them do whatever they please with my information 🙂 well, honestly, to hell with them and whoever came up with this system—I am moving my business to another bank. 👋

That’s interesting... I don't recall being hit with questions like that when I was dealing with three different states back in the day.
Well, two of them didn't really ask much either, I guess.
Like Mexico—zero questions, zero forms... though I suppose that's just a neighboring country with its own way of handling banking regulations compared to the rest of Europe.
Then there's Bolivia, which everyone basically writes off as a narco-state anyway, so it's not exactly surprising they didn't care about paperwork.
But Canada? And specifically Scotiabank? Nobody asked a thing, no forms, nothing at all. 🤷

As for the US, I'm not even sure if Wells Fargo is the one holding my funds... honestly, my account's probably been frozen for a year by now, and they have no way of reaching me anyway.
I pretty much gave up on American banks because they are just so incredibly dense when it comes to rules and regulations... I mean, look at how an Australian or an Israeli or a Canadian handles things; if they lose their card or get it stolen while they're abroad, they can just make one quick phone call and have a new card shipped to their international address after answering a few security questions to prove who they are... meanwhile, at a place like Wells Fargo, they won't even give a statement to someone holding a power of attorney. They claimed the document wasn't specific enough because it didn't list every single tiny action, even though it clearly states that person XY can perform any and all transactions on my behalf... and that kind of general power of attorney works perfectly fine everywhere else in the world.
So, I finally decided there's just no point in stressing over that Wells Fargo account anymore...

"I tried getting my pay in cash as a representative, but it was a non-starter." Branimir Bunjac thinks it’d be about time we let Americans—regular folks and retirees alike—have the option to take their wages in cash. Basically, if a citizen wants to bypass the big banks entirely, they should be allowed to.

- 24sata.hr

Quote:Exactly how it should be.

Krkimir says: The second I started moving my money around, my personal banker over at JPMorgan Chase called me out of the blue—even though I never even asked for a dedicated rep—asking if I wanted to put those funds into a CD.😵 I mean, come on, don't be an idiot; if I'm moving the money, it's because I don't want it sitting there.☕ Then, every single time I stepped foot in a branch, it was the same old song and dance: "Hey, check out these service packages," or "How about some CDs?" or "Want to invest in mutual funds?" 🙂 If that's what I wanted, I would have asked for it in the first place., It just kept going until they started blowing up my phone constantly, demanding I come in to fill out these endless compliance forms for "anti-terrorism and anti-money laundering" efforts... Honestly, give me a break, you aren't the only bank in the country.

That's the way it ought to be.👍

So, here’s that infamous questionnaire from JPMorgan Chase I had to fill out through their online portal. I didn't even bother going into a branch—not worth the trip.



And then you have someone who’s been posting on this forum for ten years—leaving a massive trail of personal info right here—complaining about privacy risks. It's kind of funny. Any amateur could reconstruct your entire life in a few clicks, let alone the professionals who can dig up your data in seconds if they actually feel like it.
Now someone is actually wasting their time trolling over this data. Honestly, wtf? The bank already sees every single transaction and knows your entire financial situation—it’s not like they don't know what you're up to. So why does it matter if they ask whether you have a Bachelor's or an Associate's degree?

Where exactly did I claim to be worried about privacy concerns? Honestly, if they’re that desperate for my data, they could probably scrape it all with just two clicks of a mouse anyway... ☕
The real reason I pulled my funds from JPMorgan Chase was the relentless harassment of their staff regarding matters that have absolutely nothing to do with my current balance or checking account—things like getting phone calls demanding I show up in person to answer questions as if I were some sort of criminal.
Then there were the threats—blatant warnings that they would close my account and freeze my funds if I didn't comply.
And, of course, the constant badgering with every possible fixed-term deposit, service package, fund, or online banking feature they offer... things were steadily deteriorating, and those threats to block my access simply fast-tracked my decision to cut ties with them once and for all.

hiddenviper13 said:"I tried getting my pay in cash as a representative, but it was a non-starter." Branimir Bunjac thinks it’d be about time we let Americans—regular folks and retirees alike—have the option to take their wages in cash. Basically, if a citizen wants to bypass the big banks entirely, they should be allowed to.

- 24sata.hr

Quote:Exactly how it should be.

Krkimir says: The second I started moving my money around, my personal banker over at JPMorgan Chase called me out of the blue—even though I never even asked for a dedicated rep—asking if I wanted to put those funds into a CD.😵 I mean, come on, don't be an idiot; if I'm moving the money, it's because I don't want it sitting there.☕ Then, every single time I stepped foot in a branch, it was the same old song and dance: "Hey, check out these service packages," or "How about some CDs?" or "Want to invest in mutual funds?" 🙂 If that's what I wanted, I would have asked for it in the first place., It just kept going until they started blowing up my phone constantly, demanding I come in to fill out these endless compliance forms for "anti-terrorism and anti-money laundering" efforts... Honestly, give me a break, you aren't the only bank in the country.

That's the way it ought to be.👍

Does anyone happen to know what happened with that legal case involving the judge who was pushing for the exact same thing—getting her salary paid in cash? I think it was a few years back, but I can't quite remember if the whole process actually wrapped up...

If my memory serves me right, there used to be a time when you could actually get your paycheck right at the teller window

James Rogers53 said:So, here’s that infamous questionnaire from JPMorgan Chase I had to fill out through their online portal. I didn't even bother going into a branch—not worth the trip.



And then you have someone who’s been posting on this forum for ten years—leaving a massive trail of personal info right here—complaining about privacy risks. It's kind of funny. Any amateur could reconstruct your entire life in a few clicks, let alone the professionals who can dig up your data in seconds if they actually feel like it.
Now someone is actually wasting their time trolling over this data. Honestly, wtf? The bank already sees every single transaction and knows your entire financial situation—it’s not like they don't know what you're up to. So why does it matter if they ask whether you have a Bachelor's or an Associate's degree?

If they already know everything, why bother messing with honest people? 😕What are they even looking for, hobbies? Seriously? I couldn't even fill out that section if I wanted to—no house, no sex, nothing.🙂

James Rogers53 said:So, here’s that infamous questionnaire from JPMorgan Chase I had to fill out through their online portal. I didn't even bother going into a branch—not worth the trip.



And then you have someone who’s been posting on this forum for ten years—leaving a massive trail of personal info right here—complaining about privacy risks. It's kind of funny. Any amateur could reconstruct your entire life in a few clicks, let alone the professionals who can dig up your data in seconds if they actually feel like it.
Now someone is actually wasting their time trolling over this data. Honestly, wtf? The bank already sees every single transaction and knows your entire financial situation—it’s not like they don't know what you're up to. So why does it matter if they ask whether you have a Bachelor's or an Associate's degree?

It’s too bad I can’t find the old questionnaire from two and a half years ago, otherwise you’d see how much worse it would look today if we hadn't pushed back😉.

It isn't even really about privacy, I suppose. It's more about whether we should actually do something about a bank acting unilaterally (or lying) or not. Some people think we should just let them do whatever they want, but I guess some of us feel like we should report them when they overstep or lie.

Richard Lewis16 said:Does anyone happen to know what happened with that legal case involving the judge who was pushing for the exact same thing—getting her salary paid in cash? I think it was a few years back, but I can't quite remember if the whole process actually wrapped up...

If my memory serves me right, there used to be a time when you could actually get your paycheck right at the teller window

The laws changed on July 1st, 2013, so you can't really do the cash thing anymore. She probably lost her grounds for the lawsuit because of that. Maybe she was just trying to chase down those old payments.

Nathan Morris3 said:The laws changed on July 1st, 2013, so you can't really do the cash thing anymore. She probably lost her grounds for the lawsuit because of that. Maybe she was just trying to chase down those old payments.

Ah, so it was actually allowed before 2013...
well, I'm pretty sure this happened after that, because if I recall correctly, when they were tearing down that specific regulation, it was around
I remember my accountant asking me ages ago whether I wanted to run payroll through the business account or just handle it via cash withdrawals, so I know for a fact it used to be an option back then...