Bank placed a hold on my checks?
 

So about a month ago I deposited 20K from poker site cashouts. I think 10K from absolute, 10K from bodog, may have been 15/5. At any rate it still has not hit my account so I went in to ask about it and they said a hold was placed on the checks and that I should call customer service. This is Citizen's Bank btw.

Customer Service then told me that they could not give me any information other than that it is under investigation. They wouldn't even put me on the phone with a manager or anyone who is doing the investigation.

Has anyone had a similar experience? Any advice? Thanks Guys.

Re: Bank placed a hold on my checks?
 

oh, disregard my post if u read it. my deposits in checks have always just gone thru in 10 days or whatever it takes to clear. id go to the bank itself and be like hey, wtf is the deal, k thnx. if they tell u to call customer service say u did, then ask for the manager again. thats absolute crap.

Re: Bank placed a hold on my checks?
 

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They wouldn't even put me on the phone with a manager or anyone who is doing the investigation.


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start raising hell

Re: Bank placed a hold on my checks?
 

I know THREE seperate people who have had this exact thing happen to, all at Citizens Bank. Since I also use Citizens, I'm guessing the best place to open an account to cash checks at would be a Credit Union?

Re: Bank placed a hold on my checks?
 

So what happened to those people's money? Did they get it? After how long? What was the issue?

Re: Bank placed a hold on my checks?
 

I never had a problem doing this at citizens bank (called charter one here in ohio) but same banking regulations, they are the most lenient out of all banks when it comes to gambling transactions even my debit card still works at pokerstars

Re: Bank placed a hold on my checks?
 

The checks are all still currently under investigation. They told them that the checks were being investigated because they were associated with "illegal gambling".

Re: Bank placed a hold on my checks?
 

How long has that been going on?

I have made deposits before and since without an issue. I dunno why now.

Re: Bank placed a hold on my checks?
 

That was about two weeks ago. One friend has three checks frozen, another has one, and another has one. I have not tried to deposit a check there since then. The customer service supposedely was very vague with them, just telling the checks were under investigation for being associated with illegal gambling, and they would let them know more after they have investigated.

Re: Bank placed a hold on my checks?
 

blah, thats pretty much the same BS I got, but they didn't even tell me illegal gambling. Can you please PM me if they hear anything?

Re: Bank placed a hold on my checks?
 

*unassociates his bank account from his epassporte*

I just opened an account with CO, as they offered to waive the credit check and previous bounced check check to open my accounts.

I sure as hell won't be putting squat into them now.

Re: Bank placed a hold on my checks?
 

Ok, no problem.

Re: Bank placed a hold on my checks?
 

You are about a week late with your midnight revelation.
Citizen Bank Sucks
There is nothing wrong with the checks, apparently Citizen Bank is retarded in regards to clearing checks from foreign processors. Get your checks, open an account at a different bank.

Re: Bank placed a hold on my checks?
 

This article explains your situation well.

http://www.gambling911.com/PokerStar...ng-042107.html

Re: Bank placed a hold on my checks?
 

This is very disturbing.

ROYAL BANK OF SCOTLAND is the bank Poker Stars uses. It's the bank all players on Poker Stars supposedly have their funds in. If a subsidiary of RBOS, Citizens Bank, is placing holds on checks associated with gambling sites, then the funds of every American player on Poker stars are in jeopardy. End of story.

Re: Bank placed a hold on my checks?
 

[ QUOTE ]
This is very disturbing.

ROYAL BANK OF SCOTLAND is the bank Poker Stars uses. It's the bank all players on Poker Stars supposedly have their funds in. If a subsidiary of RBOS, Citizens Bank, is placing holds on checks associated with gambling sites, then the funds of every American player on Poker stars are in jeopardy. End of story.

[/ QUOTE ]

Search for a thread on this from last week. I'm not sure the gambling911 article was accurate. If it was then Citizen's apparently reversed their policy because IIRC that guy's funds were eventually credited. I'd consider changing banks though.

Re: Bank placed a hold on my checks?
 

[ QUOTE ]
This is very disturbing.

ROYAL BANK OF SCOTLAND is the bank Poker Stars previously used. It's the bank all players on Poker Stars did have their funds in. If a subsidiary of RBOS, Citizens Bank, is placing holds on checks associated with gambling sites, then the funds of every American player on Poker stars are in jeopardy if they still used that bank. End of story.

[/ QUOTE ]

FYP

Re: Bank placed a hold on my checks?
 

[ QUOTE ]
This is very disturbing.

ROYAL BANK OF SCOTLAND is the bank Poker Stars uses. It's the bank all players on Poker Stars supposedly have their funds in. If a subsidiary of RBOS, Citizens Bank, is placing holds on checks associated with gambling sites, then the funds of every American player on Poker stars are in jeopardy. End of story.

[/ QUOTE ]

aaaaaaand cardcounter in 3...2....

edit: LOL just a few secs too slow

Re: Bank placed a hold on my checks?
 

i have had the exact same thing happen at PNC bank. (this check was for considerably less than yours) tell me to wait 3 weeks.. they send the check to collections (standard?).. i call back a month later..check has now been sent somewhere else for investigation...this was almost 60 days ago. they still will not give me any information on the check. ive been trying to get WPEX to put a stop payment on it and issue me another, which is a pain in the ass itself because they want copies of the check, other information that the bank will not provide me with. and the live help people seem to forget to process my request every time. moral of the story, request cashout Feb 12 stil no monies. if u need your money anytime soon i would see if citizen;s will return your checks to you and take them to another bank.

Re: Bank placed a hold on my checks?
 

If you just cashed these checks, could all these problems be avoided? Or will the bank not cash them for you? What about some other area bank? Then you could just return and deposit the cash with no worries, right?

Re: Bank placed a hold on my checks?
 

[ QUOTE ]
If you just cashed these checks, could all these problems be avoided? Or will the bank not cash them for you? What about some other area bank? Then you could just return and deposit the cash with no worries, right?

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That is exactly what I did at BofA couple weeks ago...

Re: Bank placed a hold on my checks?
 

How do you go about simply cashing the checks? What are the fees usually? Sorry I'm a newb, never cashed a check before.

Re: Bank placed a hold on my checks?
 

Hmm... this isnt very calming news

Re: Bank placed a hold on my checks?
 

There are generally no fees to cash a check with a bank at which you already have an account.

But

The bank may balk at cashing a check for you if the value of your account(s) with them are less than the value you are attempting to cash. Make sense?

IE don't try to cash a 5k check at a bank in which you have only deposited 2k...

Re: Bank placed a hold on my checks?
 

Anyone that sticks with Citizens Bank after this crap is an idiot. Take your business elsewhere.

Re: Bank placed a hold on my checks?
 

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There are generally no fees to cash a check with a bank at which you already have an account.

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However cashing the check doesn't provide you any insurance against the check not clearing, etc. If the funds are no good you'll still be liable. If they cash it they may still put a hold on the funds currently in your account so nothing was gained by cashing the check anyway.

If you don't have an account then most banks will be leary of cashing a check for you unless the check you're cashing is drawn on that bank.

Re: Bank placed a hold on my checks?
 

[ QUOTE ]
If you just cashed these checks, could all these problems be avoided? Or will the bank not cash them for you? What about some other area bank? Then you could just return and deposit the cash with no worries, right?

[/ QUOTE ]

Official Checks thread:

http://forumserver.twoplustwo.com/showfl...rue#Post9425935

http://forumserver.twoplustwo.com/sh...age=0&vc=1

"HOW TO CASH A CHECK

a. If you have a bank account somewhere, take it there to cash it. You can go through the drive-thru or inside. Signing the back is called "endorsing", so endorse the check and give it to the teller along with your picture I.D.

b. If you don't have a bank account anywhere, you can take it to the bank that issued the check. Look on the check, you'll see the logo or name of the bank somewhere. They will also take it. Do the same procedure: endorse the back and give it to the teller with your I.D."

Re: Bank placed a hold on my checks?
 

sadly no wells fargo anywhere near Philly [img]/images/graemlins/frown.gif[/img]

Re: Bank placed a hold on my checks?
 

The only real "safe" way of "cashing" a check is to take it to a check-cashing place (that takes a fee to cash the check)& get cash.
"Cashing" a check at your bank ties the check to your account, & if there is any problem that the bank may encounter with that check it will debited from the account of the person who "cashed" it.
This is why you must have an account at the bank, show ID, have enough funds in your account to cover the check, & /or write your account number on the back of the check you are "cashing"...

Re: Bank placed a hold on my checks?
 

[ QUOTE ]
The only real "safe" way of "cashing" a check is to take it to a check-cashing place (that takes a fee to cash the check)& get cash.
"Cashing" a check at your bank ties the check to your account, & if there is any problem that the bank may encounter with that check it will debited from the account of the person who "cashed" it.
This is why you must have an account at the bank, show ID, have enough funds in your account to cover the check, & /or write your account number on the back of the check you are "cashing"...

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NOT even slightly concerned that my PS checks won't clear... I trust them more than my bank frankly...

Re: Bank placed a hold on my checks?
 

"NOT even slightly concerned that my PS checks won't clear... I trust them more than my bank frankly..."

especially since they employ me.