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To: ViperChick Secret Agent 006.9 who wrote (56364)	10/26/1998 1:17:00 PM
From: Alan Smithee	Read Replies (1) \| Respond to of 58727

Get a new bank.

To: ViperChick Secret Agent 006.9 who wrote (56364)	10/26/1998 1:26:00 PM
From: otter	Respond to of 58727

Lisa, I'm not a banker; but its my understanding that Federal law allows banks to put a hold of as long as 5 days on an interstate check. The federal laws were changed in the early 80s. Prior to that, there were NO limits; and banks routinely got away with 21 day holds (I know. I had a few like that.) A few years ago, I had a small run-in with my bank on this matter. To make a long story short... Deposits made at ATMs get an automatic hold. Deposits made at the drive in window - automatic hold. Deposits made in person - in the bank - get a hold if you look like a derelict because it's up to the teller. My take-away: Dress up. Go into the bank. Be nice to the Teller. And ask.

To: ViperChick Secret Agent 006.9 who wrote (56364)	10/26/1998 1:39:00 PM
From: AlanH	Read Replies (1) \| Respond to of 58727

Lisa, re:Bank shenanigans Are you speaking with a real officer of the bank? (The events as described sound like the whim of an ineffectual bank employee.) If you are speaking with an officer, you'll want to create a precedent for your account such that you never deal with such silliness again. If you get no relief -- yet require immediate access to funds -- try this: ask the check originator to place a hold/cancel on the check; subsequently, wire the funds to your account (or draft a cashier's check.) I realize that this is a pain in the a** brute force method, and may cost up to $20; however, the regulations work toward the bank's favor. Bottom line. If you are unable to establish a working framework going forward, change banks. Banks will occasionally pull the 5-7 day hold on large checks, but rarely with good customers and VERY rarely will funds be frozen after a check has cleared.

To: ViperChick Secret Agent 006.9 who wrote (56364)	10/26/1998 1:58:00 PM
From: ratan lal	Read Replies (1) \| Respond to of 58727

Banks have gotten really bad. They charge high fees for EVERYTHING including services they used to provide for free. To reduce your 5-day hold to 2 dyas, you can have the teller flag the check so that hold is removed as soon as check is cahed. AND make sure you contact them and bug them after 2 days. Question for you...... Re: ESCHWAB (ESchove it up your Ass/Back) Last week I placed an order to buy 1000 EMC at 53 1/2 in my IRA. it got executed. Then I sold at 54 1/2 and got executed. Then I placed an order to buy again at 53 1/2. The stock sold at 53 1/2 and 53 7/16 for the next 4 minutes BUT I did not get an execution. REASON - 1. I did not have funds to execute 2. Sorry, I had the funds but they needed 4-minutes to verify They didnt need the 4-minutes for the first trade. But its upto their discretion. If anyone has been thru this before would love to hear about their experiences. For arb need to snail mail for forms. no e-forms. Now EMC is at 63. They said SUE (Arbitrate) if you want EMC at 53 1/2