A Wunch Of Bankers
14/10/07 22:08 Filed in: General
Nonsense | Personal
You know what I hate?
Banks trying to tell us in their ads that they are
different from their competitors by offering superior
customer service.
Don't be fooled. They're all the bloody same. I applied for a loan for a new car with one of these self-styled "mavericks" recently. It was a tortuous process, taking a full week for conditional approval and another week for the loan to be actually handed over.
I asked to have it paid into an account that I hold in another bank that likes to see itself as different. After badgering the lender all day Thursday and Friday to get the funds released, I finally got a call from them at ten past four on Friday to say that the funds had been paid into the account. Off I trotted to the bank where my account is held to get the draft and go pick up the car. No sign of it in my account. I explained the circumstances to the person at the desk.
"Sure, that won't show up till Monday. Interbank transfers never show up straight away."
AAAAAAAAAAAAAAARRRRRRRRRRRRRRRGGGGGGGGGGGHHHHHHHHHH!!!!!!!!!!
It also begs the question - if the money has left Bank A, but doesn't show up at Bank B till the next day, where the fuck is it in the meantime, and who is earning interest on it?
I hate banks. I really do. Almost as much as I hate insurance companies. Almost.
Update, Monday 15 September: Go to Bank to get draft today - still nothing there. Get on to lender again - they get on to their underwriters - apparently it takes 48 hours for electronic fund transfer to go through!! It doesn't take that long when it's coming out of your account, does it?
Don't be fooled. They're all the bloody same. I applied for a loan for a new car with one of these self-styled "mavericks" recently. It was a tortuous process, taking a full week for conditional approval and another week for the loan to be actually handed over.
I asked to have it paid into an account that I hold in another bank that likes to see itself as different. After badgering the lender all day Thursday and Friday to get the funds released, I finally got a call from them at ten past four on Friday to say that the funds had been paid into the account. Off I trotted to the bank where my account is held to get the draft and go pick up the car. No sign of it in my account. I explained the circumstances to the person at the desk.
"Sure, that won't show up till Monday. Interbank transfers never show up straight away."
AAAAAAAAAAAAAAARRRRRRRRRRRRRRRGGGGGGGGGGGHHHHHHHHHH!!!!!!!!!!
It also begs the question - if the money has left Bank A, but doesn't show up at Bank B till the next day, where the fuck is it in the meantime, and who is earning interest on it?
I hate banks. I really do. Almost as much as I hate insurance companies. Almost.
Update, Monday 15 September: Go to Bank to get draft today - still nothing there. Get on to lender again - they get on to their underwriters - apparently it takes 48 hours for electronic fund transfer to go through!! It doesn't take that long when it's coming out of your account, does it?