Bank refused to accept cash for a mortgage payment.

Gordon

The guy shouted at the workers, he admitted it to the cops, he was being a dick and deliberately didn't show you in the video as he edited it out.

Run_to_da_hills

NFC Phones will soon kill off petty cash transactions and monitor all your purchases and pin point your GSM position at the same time. :eek:

http://www.nfcworld.com/2011/09/07/39738/cashless-festivals-to-take-off-in-2012-with-nfc-to-follow-in-2013/

The Revenue Commissioners, Welfare officers, Greedy Bankers and of course the EU Leaders would love us all to have these phones.

Perhaps they might even hand them out to us free.

dotsman

Where did they detain him? WTF? It was the fukcin opposite - he was the one who was refusing to leave!!!

Are you just making this stuff up now or are you watching a completely different video to everybody else?

A$$hole and professional nuisance maker goes into bank and demands that he be treated as an exception to every other customer. When they refuse, he starts harassing them. He eventually leaves and then wastes time for 2 very polite and patient police officers.

MadYaker

There is no way he got a arrested for trying to pay his mortgage cash. Obviously when they refused he started some sh!t in the bank and they called the police because they thought he was some kind of nut.

patwicklow

Gordon wrote: »

The guy shouted at the workers, he admitted it to the cops, he was being a dick and deliberately didn't show you in the video as he edited it out.

Why have you got the uncut version? its a bank a bank that does not want cash
i thought cash was king remember that saying.

Capt'n Midnight

Funny because it could be true.

http://www.pidjin.net/2010/03/29/the-crisis-is-over

patwicklow

MadYaker wrote: »

There is no way he got a arrested for trying to pay his mortgage cash. Obviously when they refused he started some sh!t in the bank and they called the police because they thought he was some kind of nut.

In another example that we appear to be rapidly moving into a cashless society, Bank of America in California refused to accept cash for a mortgage payment. The manager of the bank said it was against their policy to accept legal tender physical currency (aka U.S. dollars) as payment for BoA mortgages.

The customer attempting to pay his mortgage, firefighter Robert Somerton, recorded the ordeal in Lakeport branch which made the bank manager so upset that he called the police. The police (detained) Somerton for a half hour before releasing him with a warning that he may never return to that BoA branch or he'll be arrested.

"I was shocked. I had no idea this would happen. Since when does a bank not accept cash?" Robert wrote after the affair.

pickarooney

patwicklow wrote: »

Why have you got the uncut version? its a bank a bank that does not want cash
i thought cash was king remember that saying.

That hasn't been the case since Wimbledon 1987.

Icepick

1st world problems

Bruthal

patwicklow wrote: »

Why have you got the uncut version? its a bank a bank that does not want cash
i thought cash was king remember that saying.

A bank refusing legal tender seems strange anyway. Deposits at gunpoint will be next over there.

Gordon

patwicklow wrote: »

Why have you got the uncut version? its a bank a bank that does not want cash
i thought cash was king remember that saying.

Did you not watch all parts? He clearly admits it. And there are loads of missing sections. Why has he deleted lots of footage? Very fishy.

Voodoo_rasher

Run_to_da_hills wrote: »

NFC Phones will soon kill off petty cash transactions and monitor all your purchases and pin point your GSM position at the same time. :eek:

http://www.nfcworld.com/2011/09/07/39738/cashless-festivals-to-take-off-in-2012-with-nfc-to-follow-in-2013/

The Revenue Commissioners, Welfare officers, Greedy Bankers and of course the EU Leaders would love us all to have these phones.

.

Its when nano-technology is implemented in cash-less transactions that the fun will start
How I'll miss the scent of crisp legal tender notes..

patwicklow

Gordon wrote: »

Did you not watch all parts? He clearly admits it. And there are loads of missing sections. Why has he deleted lots of footage? Very fishy.

This guy has even picked up on it...


http://www.davidicke.com/headlines/60683-cashless-society-bank-of-america-refuses-cash-for-mortgage-payment-

dotsman

patwicklow wrote: »

In another example that we appear to be rapidly moving into a cashless society, Bank of America in California refused to accept cash for a mortgage payment. The manager of the bank said it was against their policy to accept legal tender physical currency (aka U.S. dollars) as payment for BoA mortgages.

The customer attempting to pay his mortgage, firefighter Robert Somerton, recorded the ordeal in Lakeport branch which made the bank manager so upset that he called the police. The police (detained) Somerton for a half hour before releasing him with a warning that he may never return to that BoA branch or he'll be arrested.

"I was shocked. I had no idea this would happen. Since when does a bank not accept cash?" Robert wrote after the affair.

Are you the guy in the video? Because your posts come across as something he would say - ie completely one-sided, fact-ignoring, trollish, ignorant etc.

Gordon

patwicklow wrote: »

This guy has even picked up on it...


http://www.davidicke.com/headlines/60683-cashless-society-bank-of-america-refuses-cash-for-mortgage-payment-

Maybe the aggressive customer is actually a lizard mason, intent on destroying banks?

patwicklow

dotsman wrote: »

Are you the guy in the video? Because your posts come across as something he would say - ie completely one-sided, fact-ignoring, trollish, ignorant etc.

No but i dont wear blinkers either and see the bigger picture unlike some.

dotsman

patwicklow wrote: »

No but i dont wear blinkers either and see the bigger picture unlike some.

You might have better luck here...

Solair

The legality of what they are doing is questionable.

The normal rules with money are as follows.

You *must* accept legal tender for payment of an outstanding debt. A mortgage payment is most definitely payment of an outstanding debt. It's not called legal tender for the fun of it.

It means that Tesco could refuse to accept cash, as you don't owe them a debt, but if you insisted on paying cash in a restaurant after consuming food, they'd basically have to take it.

Utility companies etc ultimately accept cash payment via the Giro slip on the end of a printed bill. They prefer electronic payment, but will not absolutely refuse cash if you present it correctly.

(As for coins, there are rules about the maximum number of coins you're obliged to accept as presenting too many is impractical.)

However, for a retailer or someone offering goods for sale, someone selling a house etc they can insist on any method of payment they like as you are not forced to buy the goods. So, for example you could insist on payment by card.

patwicklow

dotsman wrote: »

You might have better luck here...

Yes well more understanding mods can this be moved??

44leto

We probably have the technology to have a cashless society now. I seen a future system when our phones will be our credit cards. A cashless society would eventually make money laundering and tax evasion difficult. Perhaps we will see it in our lifetime.

patwicklow

44leto wrote: »

We probably have the technology to have a cashless society now. I seen a future system when our phones will be our credit cards. A cashless society would eventually make money laundering and tax evasion difficult. Perhaps we will see it in our lifetime.

There will be but its all control coming from the highest order its happening as we speak in small steps

Seachmall

Solair wrote: »

The legality of what they are doing is questionable.

The normal rules with money are as follows.

You *must* accept legal tender for payment of an outstanding debt. A mortgage payment is most definitely payment of an outstanding debt. It's not called legal tender for the fun of it.

First page.

dotsman

Solair wrote: »

The legality of what they are doing is questionable.

The normal rules with money are as follows.

You *must* accept legal tender for payment of an outstanding debt. A mortgage payment is most definitely payment of an outstanding debt. It's not called legal tender for the fun of it.

It means that Tesco could refuse to accept cash, as you don't owe them a debt, but if you insisted on paying cash in a restaurant after consuming food, they'd basically have to take it.

Utility companies etc ultimately accept cash payment via the Giro slip on the end of a printed bill. They prefer electronic payment, but will not absolutely refuse cash if you present it correctly.

(As for coins, there are rules about the maximum number of coins you're obliged to accept as presenting too many is impractical.)

However, for a retailer or someone offering goods for sale, someone selling a house etc they can insist on any method of payment they like as you are not forced to buy the goods. So, for example you could insist on payment by card.

Yes, that is true, but there are 2 technicalities here you need to observe.

1. Firstly, when applying for the loan, he agreed to pay by direct debit/wire transfer.
2. Secondly, they are not refusing the cash per se. They are just saying that the cash must be lodged to a checking (current) account and then transferred to the loan account. That is the very purpose of a checking/current account (ie an account that is used for deposits/withdrawals/transfers to other non-current accounts). The guy is merely refusing to follow standard protocol and demanding that he be made an exception and the huge amount of bureaucracy that it requires with possible legal ramifications for the bank.

caff

dotsman wrote: »

Yes, that is true, but there are 2 technicalities here you need to observe.

1. Firstly, when applying for the loan, he agreed to pay by direct debit/wire transfer.
2. Secondly, they are not refusing the cash per se. They are just saying that the cash must be lodged to a checking (current) account and then transferred to the loan account. That is the very purpose of a checking/current account (ie an account that is used for deposits/withdrawals/transfers to other non-current accounts). The guy is merely refusing to follow standard protocol and demanding that he be made an exception and the huge amount of bureaucracy that it requires with possible legal ramifications for the bank.

Another reason for lodging it into a checking/current account is to help to prevent money laundering. The same would apply for paying by cheque issued by a different bank.

patwicklow

http://video.google.com/videoplay?docid=-5236492071990669218#docid=-7968572936295691531

ceegee

The guy is just a knob looking for attention.

"OMG the bank refuse to take cash"

No they wont take his payment because his house has been foreclosed on and so he needs to deal with a specific dept of the bank not with his local branch (he was aware of this according to his conversation with the cops.)

"OMG, Im being arrested for trying to pay cash"

No, the cops were called cos there was an erratic man in a bank who refused to leave and was videoing the place. Pretty sure both of these amount to suspicious activity worthy of investigation. especially when said wackjob refuses to ID himself.

Tools like him crave publicity and people are so keen to decry banks that they'll support him despite HIS OWN VIDEO contradicting everything he says

qrrgprgua

patwicklow wrote: »

There will be but its all control coming from the highest order its happening as we speak in small steps

ever since there has been money.... Ther has been control...


If you want to live off the grid, then go live in the woods. If you have made your money honestly what have you got to hide?.... The only people who dont want a cashless society are criminals.

Seachmall

patwicklow wrote: »

http://video.google.com/videoplay?docid=-5236492071990669218#docid=-7968572936295691531

As a general when someone uses the word "they" more than three times in a sentence without specifically identifying who "they" are I take what they have to say with a grain of salt.

But over here they're big fans of those guys.

Solair

Seachmall wrote: »

First page.

Didn't read post due to incredibly long sentence and weird punctuation / layout of quoted text.:D

I'm too sleepy to parse stuff like that!

Run_to_da_hills

qrrgprgua wrote: »

The only people who dont want a cashless society are criminals.

And also every normal person that respects their privacy without the system looking over their shoulder every time they want to make a purchase.

patwicklow

qrrgprgua wrote: »

ever since there has been money.... Ther has been control...


If you want to live off the grid, then go live in the woods. If you have made your money honestly what have you got to hide?.... The only people who dont want a cashless society are criminals.

We are heading for a cashless society, where soon everyone will be forced to have a mark on their right hand or forehead to buy or sell. The Bible predicts that the Beast or Antichrist will fool the elect of many religions that he is God by doing miracles and promising peace. He will break his peace agreement and totally rule the world. He will force everyone to worship him and accept a satanic mark on their right hand or forehead in order to buy or sell

There is strong evidence that the Illuminati have well planned this system of a satanic one-world government. People will be led to believe it is a good idea, as it will save or prevent; money being stolen, credit cards being lost, paper checks, tax evasion, handling cash and currency fluctuation.

Dont be blinkered open your mind

Seachmall

Run_to_da_hills wrote: »

And every normal person that respects their privacy without the system looking over their shoulder every time they want to purchase something.

Also, it would allow a third party to charge for every transaction you make. Even lending a friend €10 could result in a charge.

Bruthal

qrrgprgua wrote: »

The only people who dont want a cashless society are criminals.

It will be a while before we have one so, as thats the type that seems to usually run the country, with a mandate.

caff

Seachmall wrote: »

Also, it would allow a third party to charge for every transaction you make. Even lending a friend €10 could result in a charge.

Back to a barter based economy so!

Solair

Seriously, this is Ireland. There's not a hope of it being a police state.

The Government hasn't even got a clue how many households there are, never mind who lives in them.

Hence they're asking people to voluntarily register on www.householdcharge.ie

It was totally unaware of money that it was paying out in pensions that it subsequently decided it was supposed to have taxed.

Eh, there were 300,000 empty houses and they only suddenly realised this after census officials knocked on doors and got no answers.

If there's any illumaniti in control, they sure as hell aren't in Kildare Street!

Tinfoil hats definitely not required here !

qrrgprgua

Run_to_da_hills wrote: »

And also every normal person that respects their privacy without the system looking over their shoulder every time they want to make a purchase.

So you think if you pay cash in tesco the transaction is private? Sadly everthing is monitored today. CCTV, loyalty cards.. Etc..

Do i care... No really i'm doing nothing ilegal. Its about balance at the end of the day...

Seachmall

qrrgprgua wrote: »

Do i care... No really i'm doing nothing ilegal. Its about balance at the end of the day...

Do you shit with the door open?


No? Why? Are you doing something illegal?

Bruthal

qrrgprgua wrote: »

So you think if you pay cash in tesco the transaction is private? Sadly everthing is monitored today. CCTV, loyalty cards.. Etc..

Thats cctv for security. It wont tell exactly how much you spent on any given day, and on what. Loyalty cards are voluntary.

44leto

Seachmall wrote: »

Also, it would allow a third party to charge for every transaction you make. Even lending a friend €10 could result in a charge.

But a system does look over your shoulders, most people have credit card and reward cards. It is known Tesco know more about the British public then their census.

I really couldn't care less who knows what I shop for.

qrrgprgua

Seachmall wrote: »

Do you shit with the door open?


No? Why? Are you doing something illegal?

Intimate privacy and social privacy.. the whole thread is about a guy who wanted to pay with hard cash is mortgage.

It was not a private transaction, he made it very public intentionally. I mean who does into a bank with their video camera handy.

The Idiot did not get paid in cash.. He withdrew it from his bank to make a point.

If the cash is honestly yours, legally obtained, what have you to hide lodging in in your current account to pay your mortgage?


Where do people want privacy to start and stop? If this thread were about privacy then the guy would not have made a very public video on it!. the bank did nothing wrong.

qrrgprgua

robbie7730 wrote: »

Thats cctv for security. It wont tell exactly how much you spent on any given day, and on what. Loyalty cards are voluntary.

Hmm. How many places where you shop DON'T have CCTV? If you really want to track users purchases you can. If you were crazy enough to even bother knowing.

patwicklow

44leto wrote: »

But a system does look over your shoulders, most people have credit card and reward cards. It is known Tesco know more about the British public then their census.

I really couldn't care less who knows what I shop for.

You will when you go in the store they will automatically know what products you go for and the price will automatically rise as they will know its in high demand by you, and it will be cheaper for some one that has not had that product,
will be the same for over weight people the price will automatically rise if they want to buy it its all on the way..

Seachmall

qrrgprgua wrote: »

If this thread were about privacy then the guy would not have made a very public video on it!. the bank did nothing wrong.

My post had nothing to do with the bank.

I enjoy my privacy. I am entitled to my privacy.

That is why I shit with the door closed. That is why I don't want every transaction recorded.

Guy:Incognito

Run_to_da_hills wrote: »

The Revenue Commissioners, Welfare officers, Greedy Bankers and of course the EU Leaders would love us all to have these phones.

I'm ok so , my bank manager isnt greedy.

qrrgprgua

Seachmall wrote: »

My post had nothing to do with the bank.

I enjoy my privacy. I am entitled to my privacy.

That is why I shit with the door closed. That is why I don't want every transaction recorded.

Good for you. But even in your home you are monitored.. Utility bills, Cable TV, Internet, House alarm.

Nobody is an Island. So unless you are doing something illegal what have you to hide?

Bruthal

qrrgprgua wrote: »

Hmm. How many places where you shop DON'T have CCTV? If you really want to track users purchases you can. If you were crazy enough to even bother knowing.

Whats cctv got to do with anything? If i give a friend 100 euro at home, thats private, or if someone gives money to a charity etc, what cctv cameras will be watching that?

Your confusing day to day privacy out in public with privacy about what a person does with their money.

With all electronic, every cent anyone spends will be known. Nothing to do with cctv cameras at all.

Im not bothered myself, but i can see the point that run_to_da_hills made about it. Where the cctv cameras comes in is a mystery. You think they use cameras to trace transactions now?

Seachmall

qrrgprgua wrote: »

Good for you. But even in your home you are monitored.. Utility bills, Cable TV, Internet, House alarm.

Nobody is an Island. So unless you are doing something illegal what have you to hide?

Nothing to hide. But I still shit with the door closed.

I might choose not to buy a door for when I shit, but there's a choice.

Bruthal

qrrgprgua wrote: »

Good for you. But even in your home you are monitored.. Utility bills, Cable TV, Internet, House alarm.

Better not leave the esb bill in the bedroom so.

Nobody is an Island. So unless you are doing something illegal what have you to hide?

Your entitled to privacy if doing nothing illegal.

patwicklow

Well it really is all leading to this the dots are starting to connect!

http://www.trueconspiracies.com/

Seachmall

patwicklow wrote: »

Well it really is all leading to this the dots are starting to connect!

http://www.trueconspiracies.com/

How does a bank not accepting cash lead you to conclude on a global conspiracy?

Pat, don't take this the wrong way but I think you might be crazy.