Bank of America DOES NOT accept U.S. DOLLARS as payment on mortgages

[TalkingDog]

Anybody have a clue why this is "policy"?

[gristy]

1. Didn't watch the video

I do think you will need more than that to back up your assertion.

[TalkingDog]

2. I didn't make any assertion. WTF are you talking about?

It's not my video.

[gristy]

7. This assertion. In the title of your post.

"Bank of America DOES NOT accept U.S. DOLLARS as payment on mortgages"

[TalkingDog]

10. I just used the title provided by the OP on YouTube. If you had viewed the video

you would know that.

And maybe you never posted at DU2, but they liked it when you used the EXACT title. It's a habit I haven't abandoned.

Besides having to put up with your slacker, contrary snark, I've now spent 10 minutes of my life explaining something to you that you could have easily figured out if you had bothered to look at the video, rather than deciding to "school" me. I'll never get those 10 minutes back.

[pepperbear]

4. I thought progressives were more savvy than to do that...

you know, not bother to watch a video or read an article, and then demand proof of what the article or video contains. Oh and then to actually tell the poster?

LOL.

[gristy]

8. My bad. I did finally watch the video.

It did indeed appear that the BofA rep did not want to conduct a cash transaction for a mortgage payment.

[Courtesy Flush]

11. You can't watch a 49 second video?

A few years ago I adopted a strict no-name-calling on the web policy for myself, but wow! You really tempt me.

Watch the video and see for yourself. The video DOES back up the assertion. The title is the assertion... you click the link... and the video "backs it up." It's really very simple.

[RKP5637]

3. It could be it costs them more to process a cash transaction? I have no

actual idea, but others have run into the same situation from their banks when I did a quick Google ...

[limpyhobbler]

5. because only terrorists use cash

duh

[silverweb]

6. Wow.

[font color="navy" face="Verdana"]

[SheilaT]

9. I have a feeling there is additional information

that is missing.

WHY exactly are they refusing the cash? Is the mortgage payment perhaps late, and therefore there's a penalty amount that needs to be paid? Does BoA actually won the mortgage in question?

Since the video starts at the point when it does, I'd like to see what happened leading up to that point.

[teknomanzer]

12. There does appear to be more to the story...

Apprarently mr customer was being a bit of a douche over a check that could not be verified moments before this video was taken.

&feature=related&noredirect=1

The full context of this whole interaction needs to be known before anyone makes a judgement on this...

I found other videos posted here...

http://silverdoctors.blogspot.com/2012/02/boa-refuses-to-accept-cash-for-mortgage.html

Note that the video I posted concerning the $13,000 check was conveniently left out...

The question of whether or not the bank was refusing cash payment is clouded by the fact that mr customer appears to have been intentionally confrontational and belligerant.

As a side note, I find it interesting how white people interact with the police... They must not fear the potential of a serious beatdown like I do.

[greiner3]

13. "$13,000 check;"

Wrong #1; WTF does that have to do with BofA's refusal to take his cash? There are rules and laws about his cshing the check in the first place. If he had had more than that amount in his accounts then he probably would have gotten cash. If not, the bank has rules with which to hold the check for x number of days with which to verify it's authenticity. Even then they must give him varying amounts of cash per day while the check is being verified.

Wrong #2; What does it matter if the customer's check did bounce/have problems? I have had debit cards be refused and found other ways of paying, sometimes in cash.

Wrong #3; WTF does it matter if "mr customer" was a raving lunatic? Any business is supposed to cater to most personalities. mr customer does not threaten, is a bit loud but is not yelling nor making threats. I too would be mad if I could not pay any bill much less my mortgage payment.

Wrong #4; WTF does it matter how ANY person interacts with the cops much less bring a generalization into the fray.