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).


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.