Forums
New posts
Search forums
What's new
New posts
New media
New media comments
Latest activity
Classifieds
Media
New media
New comments
Search media
Log in
Register
What's New?
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More Options
Advertise with us
Contact Us
Close Menu
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Forums
The Water Cooler
General Discussion
Picking The Best Bank? Ask A Drug Dealer
Search titles only
By:
Reply to Thread
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="cfw2000" data-source="post: 1865290" data-attributes="member: 19901"><p>Well, as far as choosing a bank in Oklahoma, avoid IBC. I deposited a large check ($4,500) from a Canadian client of mine. The check was payable in U.S. dollars, but drawn on a Canadian bank. International Bank of Commerce a/k/a IBC didn't know what to do with it, but didn't tell me they were too incompetent to handle it and gave me a deposit receipt as usual. Turns out they sent the check to their home office in south Texas where it sat around before somebody lost it. Three weeks later I got a notice that the check was insufficient and that my account had been charged for it. I called my client in Toronto about it and was told by the VP that the account it was drawn on had over $3MM in it and further, that the check IBC said was being returned had never been presented for payment. I was little embarrased to say the least. After that mess was all cleared up, I walked into IBC to close my business account and when asked why, I told them that didn't know how to handle business accounts. A year later I deposited a large IRS tax refund check into my personal checking account at IBC. I was told that they had to put a 10 day hold on my account. Really? A U.S. Treasury Department check? BancFirst has been my bank ever since and they've been super. Screw IBC.</p></blockquote><p></p>
[QUOTE="cfw2000, post: 1865290, member: 19901"] Well, as far as choosing a bank in Oklahoma, avoid IBC. I deposited a large check ($4,500) from a Canadian client of mine. The check was payable in U.S. dollars, but drawn on a Canadian bank. International Bank of Commerce a/k/a IBC didn't know what to do with it, but didn't tell me they were too incompetent to handle it and gave me a deposit receipt as usual. Turns out they sent the check to their home office in south Texas where it sat around before somebody lost it. Three weeks later I got a notice that the check was insufficient and that my account had been charged for it. I called my client in Toronto about it and was told by the VP that the account it was drawn on had over $3MM in it and further, that the check IBC said was being returned had never been presented for payment. I was little embarrased to say the least. After that mess was all cleared up, I walked into IBC to close my business account and when asked why, I told them that didn't know how to handle business accounts. A year later I deposited a large IRS tax refund check into my personal checking account at IBC. I was told that they had to put a 10 day hold on my account. Really? A U.S. Treasury Department check? BancFirst has been my bank ever since and they've been super. Screw IBC. [/QUOTE]
Insert Quotes…
Verification
Post Reply
Forums
The Water Cooler
General Discussion
Picking The Best Bank? Ask A Drug Dealer
Search titles only
By:
Top
Bottom