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Nesgroup address: seattle.forsale.housing - Date & Time for the message: 17 Jul 2004 10:34:07 GMT /

Author of the message: friesian@zoocrewphoto.com (Meghan Noecker)

Title of the message:
Re: OT: Banking policies (was: A warning to all)

Text of the message:
On Sat, 17 Jul 2004 04:43:27 GMT, "[ a m z ]"
<amz.REMOVE@eskimo.THIS.com> wrote:

>The two main reasons are far more likely to be internal to the bank -- loss
>prevention and identity theft protection.  Banks eat huge losses from fraud.

Very true. I work in a grocery store, and our check policy has changed
quite a bit. A lot of people assume it was 9/11, but it actually went
into effect about a week prior to that.
The problem is that our store is not in a great area, and in 2000, our
store took in $50,000 in bad checks. So, the first step was reduce
cash back to $10. That eliminates a lot of thieves right there. Losses
went down, but not enough, so they took out the cash back altogether.
If you want cash back, it has to be approved by a manager, and not too
many people get that. I'm a long-time employee, and they look offended
if I ask for a lousy $10 back.
It gets really frustrating when people yell at me and act like I am



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