Can a bank employee do this?

[starry_solo]

Yet you could have gotten that cash from the ATM, unless you have placed a daily cash withdrawal limit on your account.

I don't use ATMs with my accounts. We like to talk to the tellers

The only time we used the ATM was with the CA "refund" from the governor and I had to get the funds from the machine (not sure why the teller couldn't help)

 

[bdrex28]

Banks don't like to give out large amounts of cash.
I tried to withdraw $1000 once to deposit into another account and got a run around, are you sure you don't want a cashiers check, etc.

Gone are the days of the friendly personal banking institution where you had a relationship and people you knew. Now most drive up tellers don't exist, some banks only have computer stations and only one or two people.

It's just the current world. Very little personal attention and you're just a number


I know there are still some small local banks but obviously less and less every day.

For the record I generally do everything online but sometimes I need to go into the bank and it's as bad as going into a post office mostly.

As a kid I loved going to the bank in the drive up teller line with my parents. The bank gave out the best suckers!!

Now they'd want you to buy a bag suckers yourself then charge you to leave them in the branch lol

 

[tvguy]

I don't use ATMs with my accounts. We like to talk to the tellers

The only time we used the ATM was with the CA "refund" from the governor and I had to get the funds from the machine (not sure why the teller couldn't help)

Wow, I had to use a teller to cash out my California pandemic bonus. And there was a limit of how much cash per day you could withdraw. $500 as I recall, as I recall the bonus was something like $650. Oh, and the BANK the state used for the cards charged a $2.50 fee for both withdrawals. And it was THE BANK OF NEW YORK.

 

[focusondisney]

hello SS)

Social Security isn’t paid on Fridays. It’s paid the 2nd, 3rd or 4th Wednesday of the month, depending on the recipient’s birthday.

 

[Living42Day]

I'm surprised by how many people have issues with banks! I've done similar, taking out $2,000-$8,000 cash out of one account and putting in a different account at a different bank. I typically don't even go into the bank, just drive thru. They'll ask what I'm doing with it occasionally for their own policies, but otherwise I've never had the runaround. I have a method to my madness!

Not sure about the bank teller, but I would have spoken to a branch manager to figure out what happened especially if he felt the teller was intentionally withdrawing from the wrong account.

I do agree it's not wise to take out large amounts of cash, jugging is a real thing (people following you from the bank, atm, etc to later steal), but if you are withdrawing and taking directly to the bank, there is less inherent risk. But for the love of all things good, do not leave a high dollar amount in your vehicle. You wouldn't believe the number of people that withdraw large sums then leave it in the glove compartment while they run into Walmart/Target/Costco. They come out to a smashed window and their cash/other items stolen.

 

[Kathryn Merteuil]

My experience of working in a branch in banking would tell me that they don't have $7.5K on hand would tell me that they were lying to him. More likely than not, any given teller would have that much in their drawer. Of course, they would have A LOT more than that in the vault, and the teller could "buy" from the vault.

I could see them suspecting that he is being the victim of fraud. However, straight up lying to him is not the way to resolve the issue. Large cash withdraws close together would raise a red flag. The teller should not like to him though. The teller should alert a supervisor, and the supervisor should be asking questions to dig deeper and see if he is potentially being victimized.

 

[bdrex28]

My experience of working in a branch in banking would tell me that they don't have $7.5K on hand would tell me that they were lying to him. More likely than not, any given teller would have that much in their drawer. Of course, they would have A LOT more than that in the vault, and the teller could "buy" from the vault.

I could see them suspecting that he is being the victim of fraud. However, straight up lying to him is not the way to resolve the issue. Large cash withdraws close together would raise a red flag. The teller should not like to him though. The teller should alert a supervisor, and the supervisor should be asking questions to dig deeper and see if he is potentially being victimized.

Exactly and well stated!

 

[barkley]

Gone are the days of the friendly personal banking institution where you had a relationship and people you knew. Now most drive up tellers don't exist, some banks only have computer stations and only one or two people.

It's just the current world. Very little personal attention and you're just a number


I know there are still some small local banks but obviously less and less every day.

For the record I generally do everything online but sometimes I need to go into the bank and it's as bad as going into a post office mostly.

As a kid I loved going to the bank in the drive up teller line with my parents. The bank gave out the best suckers!!

Now they'd want you to buy a bag suckers yourself then charge you to leave them in the branch lol

it's strange but we have had an EXPLOSION of growth with credit unions in our region-all that are focusing on offering the choice of modern banking or old school traditional. you can do the atm, do the virtual teller at the atm, all the online/app...but also walk into one of many local branches with face to face tellers, drive through teller lines, staff at desks to help with a variety of the same things that can be accomplished electronicaly but some of us prefer to do face to face. i was at my local branch today and while i did not see suckers to hand out to kids at the drive through they did have a HUGE box of dog treats (and i know they give out candy at the drive through during different holiday periods-i like the candy canes!).

Social Security isn’t paid on Fridays. It’s paid the 2nd, 3rd or 4th Wednesday of the month, depending on the recipient’s birthday.

some types of ss get paid on fridays. ssi is paid on the 1st of the month no matter what your date of birth is-and if the 1st falls on a weekend it is paid out on the last friday of the prior month. some people also don't receive it based on their own birthday b/c they are drawing based on someone else's record (like a dependant of a retiree).

 

[QueenIsabella]

absolutly. some retailers are looking out for their clients as well. i was recently at a walmart and overheard a message come across an employee's walkie talkie advising all cashiers to be on alert due to an uptick in 'golden gift card purchases' and not to hesitate to call for lead or supervisory assistance. i was interacting with the employee and got a puzzled look on my face so he explained that it meant that a number of older customers buying numerous or large dollar amount gift cards had been detected which likely meant some kind of local scam was afoot. their store policy when they observed this was to take certain precautions to protect their older customers including notifying and if nesc. calling in local law enforcement.

I got caught up in this last year. I have 4 kids, I give gift cards as stocking stuffers. We also do a "silly Santa" game Christmas Eve, and some of the presents have gift cards in them. So, me buying 25 or so gift cards of varying types (Starbucks, Amazon, Dunks...) isn't so bizarre, when you think about it. But, Walmart doesn't know my family, so the computer balked. I took it with good humor--I know they're trying to protect people from scammers, which do prey on the elderly and naive.

I also think the OP is making too much of this. If her dad feels he's been wronged somehow, he should speak to the bank manager, bringing along any receipt he may have showing a different account number.

 

[focusondisney]

I just want to know if its legitimately in the employee's right to do it on purpose if that is what happened.

Of course it’s not legitimate or the employee’s right to change a customers withdrawal request on purpose. But I’m sure you knew that without asking.

 

[bdrex28]

Of course it’s not legitimate or the employee’s right to change a customers withdrawal request on purpose. But I’m sure you knew that without asking.

Or they didnt know and that's why they asked? But I'm sure you knew that.

 

[focusondisney]

Yet you could have gotten that cash from the ATM, unless you have placed a daily cash withdrawal limit on your account.

A lot of banks have daily limits on how much you can withdraw from ATMs. So no, everyone could not have gotten $1000 from an ATM.

 

[tinkerbellandpeterpan]

Believe it or not I really was legitimately asking if they are allowed to do it. I don't know the actual rules. Now I did assume they aren't allowed but again was not sure.

If that's true then you should stay far away from you dad's finances. Because you do not remotely have the capability to help him handle them.

 

[tinkerbellandpeterpan]

Of course it’s not legitimate or the employee’s right to change a customers withdrawal request on purpose. But I’m sure you knew that without asking.

Dear lord, thank you. Someone with some common sense.

 

[tvguy]

A lot of banks have daily limits on how much you can withdraw from ATMs. So no, everyone could not have gotten $1000 from an ATM.

I think most banks have a $3,000 to $5,000 ATM limit. But you can put your own limit at a lower level too.

 

[focusondisney]

I think most banks have a $3,000 to $5,000 ATM limit. But you can put your own limit at a lower level too.

Maybe some, but not most. More have a $500 limit than have a $3000 limit.

https://www.usnews.com/banking/articles/atm-withdrawal-limits

 

[tvguy]

Maybe some, but not most. More have a $500 limit than have a $3000 limit.

https://www.usnews.com/banking/articles/atm-withdrawal-limits

I just know that I had a $500 limit on my account, but my bank allowed me to raise it to $3,000. Too bank there isn't a source where we can see what limits various banks have on ATM withdrawals. The most I have ever withdrawn at an ATM is $1,000.

 

[Kooks and Bay Bay]

If that's true then you should stay far away from you dad's finances. Because you do not remotely have the capability to help him handle them.

When did I say that I help him with his finances?
I am the first to admit I don't know much about banking.
I also pretty clearly stated that my dad is very sharp about his own finances which is why he noticed it on his statement so easily.
He has a lot of financial things I don't know much about since he has several properties.
I told him I'd be a Karen and get the manager if I were him but he said he just wanted to get it fixed and be done.

 

[bdrex28]

If that's true then you should stay far away from you dad's finances. Because you do not remotely have the capability to help him handle them.

Wow, another expert.

Kind of more of a Hook aren't ya? Let's not kid ourselves here.

Bless your heart.....

 

[Kennywood]

Lots of odd things with banks these days.
I had to show ID to deposit some cash - was not all that much - but they made it very difficult and did not want the deposit slip at all.

The ID to make a deposit makes no sense. Are strangers trying to deposit money in my account? If so, why aren't you letting them??