Re: Bank accounts-help needed
Bruce Major (major@GATOR.NET)
Mon, 29 Jun 1998 09:42:18 -0400
Maybe banks are more cynical or more mercenary where you are. Or maybe
you're with the wrong bank :>). Our Troop gets free checking with a two
signature account. There have been more than one instance where someone
forgot the second signature and the bank would not honor the check until we
went down there and signed. Yes, they did not just send the check back -
they held it and telephoned us to ask what we wanted to do.
In one case, our CC changed the way he signed his name (from initials to
full name). The bank would not cash the check because the signature varied
from the recorded signature. Again they called, and our CC went down to the
bank to sign and to record a new signature.
Perhaps with institutions as well as individuals, sweeping generalizations
often miss the truth.
From: Cathy Porter <JCPorter@SICEMBEARS.COM>
To: Multiple recipients of list SCOUTS-L <SCOUTS-L@TCUBVM.IS.TCU.EDU>
Date: Sunday, June 28, 1998 10:48 AM
Subject: Re: Bank accounts-help needed
>Unless you are prepared to pay a lot of money in service charges, banks
>will not check for two signatures. Every unit accout I've personally
>known of is set up with two signatures needed as UNIT policy, not bank
>or district or BSA policy. The bank won't care how many people sign a
>check unless you pay them to care.
Terry Howerton Sakima Group, Inc. SCOUTER Magazine Kansas City