An overdraft nightmare
By Dominic R. Sondy 9/28/09
Ive found that it is a good idea to check my bank accounts on-line every day. I have to look because there are some aspects of modern banking that I cannot seem to grasp. An example would be: Why are deposits some kind of shimmering illusion, floating in electronic limbo for days, while debit purchases are firm reality instantly?
Since the logic of this eludes me, its more than a good idea that I check daily. Checking means that Im less likely to accidentally violate some arbitrary bank rule.
I skipped August 24 and didnt log-on until late in the day on Tuesday August 25, 2009. That was the day I discovered $200 in Non-sufficient funds fees had been applied to our personal checking account. My wife and I had to talk with Mandy.