Friday, June 15, 2007

FNBO Might Decide To Keep Your Money

I mentioned FNBO's assertions that it can keep your money indefinitely and Bank Deals posted that he will attempt to test withdrawals (thank you), although he did not mention the amount.

  • Small amounts will test nothing. People want to know if they will miss their house closing when they need to withdraw 5 figures or close the account.
  • FNBO claims that it can refuse to transfer to accounts that it previously approved and used.
  • FNBO claims that it can refuse to mail a check to your physical address or even hand your money to you in person (the FNBO email warning did not limit itself to bank accounts).

2 comments:

Daisy said...

This is so troublesome. You have some good questions about it.

J at IHB and HFF said...

Hello and thank you. It is ironic that FNBO's "security" makes its customers insecure.