Went to Bank of America to deposit cash into a friend's account; My friend is not local to my location.
A service person was expediting people in line, marshaling them to the appropriate areas and informed me non customers cannot deposit cash into customer's accounts.
I had done this maybe two times previously years ago and was only asked for my driver's license.
Apparently this is no longer allowed.
Not sure this is a new regulation or a BoA policy, this is about a 95% FYI post and a 5% 'semi rant w/irritation' commentary.
My bank has electronic funds transfer service but it requires use of a third party for metadata transfer but the transfer is bank to bank; I was not interested in that when I saw the arbitration agreement.
I expect there is a drive to electronically document all transfers of money regardless of how innocuous it might seem.
-T
A service person was expediting people in line, marshaling them to the appropriate areas and informed me non customers cannot deposit cash into customer's accounts.
I had done this maybe two times previously years ago and was only asked for my driver's license.
Apparently this is no longer allowed.
Not sure this is a new regulation or a BoA policy, this is about a 95% FYI post and a 5% 'semi rant w/irritation' commentary.
My bank has electronic funds transfer service but it requires use of a third party for metadata transfer but the transfer is bank to bank; I was not interested in that when I saw the arbitration agreement.
I expect there is a drive to electronically document all transfers of money regardless of how innocuous it might seem.
-T