Oh great, anyone ever have this problem?

Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
All Treasure Hunting
So I just checked my account. I have been waiting forever for bag deposits.... Been 10 days or so and I get a deposit amount that is way off. Not sure which transaction it was because there is no number matching the receipts I have........ Panic is creeping in....... Wth

You know what kills me?.....the deposit is for 924.32
How in the heck do you get .32 ?? They were all haves!!!!! And it should be 993.00. !

If this doesn't get straightened out I'm done.
 

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Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
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OK, this is hilarious! I just checked my BOFa account( different from the one that shorted me) and I got my first bag deposit back.
I dumped two bags of nickels. There were EXACTLY 99.00 in each bag. Unless these boxes were short/over to begin with there machines are garbage. I got on my statement Bag 1- 99.30 bag 2- 98.58 looks like I only lost a few cents on that one but how n the frick do you get .58 when there all nickels? I just can't believe the machine have this much trouble with denominations... What a joke! Looks like its re roll for cash on the spot or nothing..


I just noticed 2 other deposits on the WF account that I thought were ok but turn out they are under / over a few cents as well. So basically these machines are very unreliable with denomination. So the thought that pops into my head is dump bags with pennies, nickels and dimes. Re roll quarters and halves that way they can count my pennies as dimes all day long and I won't get burned on the halves! Take that crappy curupt corporate bank that can't tell the difference between a 50 cent piece and a penny. :p
 

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SilverForBrains

Bronze Member
Feb 1, 2012
2,444
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I had a scare with bags last month. I always re-roll and return two boxes at a time. two boxes per bank, once a week. I discuss this with them ahead of time to make sure this is ok

Anyways, my best bank, I bring in the two boxes, they say they aren't doing that anymore. From now on they have to be in bags. Well, I hate the bags because of the float time of your money. that's x number of days I don't have $1000. I did bags once with pennies a long time back and it took 3 days. This time, the teller tells me 2-3 days. You know how long it took this time? A month! I was late on my rent and everything, it completely f-ed up my entire cash flow. I was afraid I wasn't going to get it back. But, I did. IT's all about paperwork and proof. They are supposed to give you the bag tags back that have a number specifically attached to each bag. The receipt they give you does nothing. Anyways, it sounds like that wasn't your problem anyway. Those dang machines. I don't know what to say on this one. IF you write to corporate they might just give you $70
 

TreasureWriter

Full Member
Nov 13, 2011
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I've talked about this type of bank recently. Wells Fargo was classified as a predatory lender/bank over a year ago as was BoA and others. I won't ever do any kind of business with these types of institutions; neither will my family and friends. I make it a point to make everyone aware of their practices and exorbitant fee structure. It is common for them to charge you a fee for every type of transaction including withdrawal of your own money under certain conditions. Avoid these types of banks and tell every one else to avoid them also. I have heard horror stories of how they have bought mortgages and then began foreclosure on people's homes for back water bills, making partial tax payments or being behind in property owners dues even though they were current on their mortgage. Be very wary of these types of Institutions.

I don't trust any bank.

Cheers
:occasion14:
 

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Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
All Treasure Hunting
I had a scare with bags last month. I always re-roll and return two boxes at a time. two boxes per bank, once a week. I discuss this with them ahead of time to make sure this is ok

Anyways, my best bank, I bring in the two boxes, they say they aren't doing that anymore. From now on they have to be in bags. Well, I hate the bags because of the float time of your money. that's x number of days I don't have $1000. I did bags once with pennies a long time back and it took 3 days. This time, the teller tells me 2-3 days. You know how long it took this time? A month! I was late on my rent and everything, it completely f-ed up my entire cash flow. I was afraid I wasn't going to get it back. But, I did. IT's all about paperwork and proof. They are supposed to give you the bag tags back that have a number specifically attached to each bag. The receipt they give you does nothing. Anyways, it sounds like that wasn't your problem anyway. Those dang machines. I don't know what to say on this one. IF you write to corporate they might just give you $70
Yeah I kept the receipt they tear off the bag with the bar codes so I thought I was cool. But turns out that tag doesn't mean jack.mwhen I called 1800 customer service they couldn't even help at all I had to go to branch and that tag doesn't say denomination of coin it only says the number that YOU stated. It means nothing.....unless they lose the bag completely. I guess this can be an example for all us newbs. Don't ever let your money out of sight. And silverfirbrains your lucky 2-3 days it's 7-10 WORKING days out here it took 17 days for me to get screwed out of 70 bucks..lol , um yeah it completely F 's up my cash flow. I started with a 5 k bankroll and was completely shut down by slow bag deposits couldnt do more than 1k a week. Have 2 banks ordering me 2 boxes a week no problems but I can't dump it...... At least now I can't dump it. I'll have to see how long it takes me to dump with re rolling small amounts..ugh. This sucks.
 

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Easy

Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
All Treasure Hunting
I've talked about this type of bank recently. Wells Fargo was classified as a predatory lender/bank over a year ago as was BoA and others. I won't ever do any kind of business with these types of institutions; neither will my family and friends. I make it a point to make everyone aware of their practices and exorbitant fee structure. It is common for them to charge you a fee for every type of transaction including withdrawal of your own money under certain conditions. Avoid these types of banks and tell every one else to avoid them also. I have heard horror stories of how they have bought mortgages and then began foreclosure on people's homes for back water bills, making partial tax payments or being behind in property owners dues even though they were current on their mortgage. Be very wary of these types of banks

I don't trust any bank.

Cheers
:occasion14:

While I agree with you this has no bearing on CRH or this situation. They didn't try to rip me off they ripped me off because of the own fat,lazy, bloated, ignorant, careless coin exchange policy did. They didn't charge me any fee. They were quick to point that out. Yea g thanks , lol

To your point I think the banks are to busy ripping us off on there predatory loan mortgage practices to worry about trying to profit off coin roll hunters. We are annoying to them that's all..
 

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namster

Bronze Member
Nov 20, 2011
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Sulphur, NV
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Ummm...if you are behind on your taxes its Uncle Sam who will be coming for your home. LOL. In the USSA you own no property.
 

namster

Bronze Member
Nov 20, 2011
1,497
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Sulphur, NV
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Easy, it sounds as though the coin counter at the fed in your locale is not functioning properly. I would resume re rolling if I were you, to avoid future losses.
 

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Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
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Easy, it sounds as though the coin counter at the fed in your locale is not functioning properly. I would resume re rolling if I were you, to avoid future losses.

I plan to let it " malfunction " on a crap ton of pennies and nickels... Let em count those as something else.......
 

Dark

Full Member
Aug 6, 2012
206
102
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Sorry to hear that. :-/
I have only been in the hobby for a week or two, but I make sure to bring my deposit slip in with me when I am dropping off and I do not give it to them until I see my total count.
Hope you get that resolved somehow. Good luck
 

madwest

Hero Member
Jun 24, 2011
678
111
Wisconsin
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Ask for the PM and/or audit logs for the machine that ate your coins. If they won't show them to you, ask to have a written statement from them that someone reviewed those logs (and a summary of what they found from the review).

If you push the issue, they might look into the issue and discover that there is a problem.
 

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Easy

Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
All Treasure Hunting
Ask for the PM and/or audit logs for the machine that ate your coins. If they won't show them to you, ask to have a written statement from them that someone reviewed those logs (and a summary of what they found from the review).

If you push the issue, they might look into the issue and discover that there is a problem.

What are those? Because they already gave me a breakdown of the coins counted as stated above^^^. I gave them 2 bags full of haves and they counted halves, quartes,dimes,nickels and pennies. I even asked the asst manager to review the surveillance footage. He claimed they cameras can't see in that detail, which seems odd but then again there cameras are not the black dome type u see in say like a casino. Those I know are more than capable of zooming in, these cameras look like stranded mounted cameras . They prob can't zoom in. Which is pretty sad that a corp like this has cheap little 100 dollar cameras
 

madwest

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Jun 24, 2011
678
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What are those? Because they already gave me a breakdown of the coins counted as stated above^^^. I gave them 2 bags full of haves and they counted halves, quartes,dimes,nickels and pennies. I even asked the asst manager to review the surveillance footage. He claimed they cameras can't see in that detail, which seems odd but then again there cameras are not the black dome type u see in say like a casino. Those I know are more than capable of zooming in, these cameras look like stranded mounted cameras . They prob can't zoom in. Which is pretty sad that a corp like this has cheap little 100 dollar cameras

The PM logs are Preventive Maintenance logs. The MFG of the coin counting machine publishes an accuracy/performance specification for their machine so long as preventive maintenance is performed (monthly for example). The bank has a responsibility to verify the calibration of the machine and to keep a record of doing so.

The tellers need to record the "cash" transactions involving the coin machine. Any overages or shortages associated with the coin machine are generally just absorbed because the rules for discrepancies with the coin machine are more lax than they would be for teller drawers. They do, however, need to be recorded.
 

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Easy

Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
All Treasure Hunting
The PM logs are Preventive Maintenance logs. The MFG of the coin counting machine publishes an accuracy/performance specification for their machine so long as preventive maintenance is performed (monthly for example). The bank has a responsibility to verify the calibration of the machine and to keep a record of doing so.

The tellers need to record the "cash" transactions involving the coin machine. Any overages or shortages associated with the coin machine are generally just absorbed because the rules for discrepancies with the coin machine are more lax than they would be for teller drawers. They do, however, need to be recorded.

Hmm interesting.....this maybe what the manager is doing today because they did say they would check with the "cash vault" tomorrow and call me but there tone didn't make it seem very promising....
 

GEOFF

Hero Member
Aug 30, 2011
507
26
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sooner or later, its "game over" for bag deposits as this service ends due to "technical difficulties".

good luck.
 

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Easy

Banned
Jul 9, 2012
937
206
Freakmont
Primary Interest:
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I'm just gonna reroll my haves.... It's not hard and not worth getting shorted plus the lag time is too much. I'll bag some pennies and nickels let them count those as something else all day :)
 

D1MES_101

Sr. Member
Aug 7, 2012
487
117
USA
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This thread is scaring me.. I jammed the machine today and it was 15 bucks short... Hey will get it counted. I hope that my count is right so they can credit me the 15 bucks back in my account!
 

SilverForBrains

Bronze Member
Feb 1, 2012
2,444
733
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This thread is scaring me.. I jammed the machine today and it was 15 bucks short... Hey will get it counted. I hope that my count is right so they can credit me the 15 bucks back in my account!

If that scares ya boy wait until you deal with the Federal Government

hahaha J/k....or am I!!? really though HH, glad to have you post. sometimes you lose some to the coin counting jam, but remember sometimes you gain some. people here have gotten plenty of "funny money" (I stick by my nomenclature!), and things such as steel cents off the magnet and even silver coins in the reject tray. Finders keepers, losers suck!

Good luck in the future,
R
 

ptdub

Jr. Member
Mar 10, 2012
33
8
Potomac, MD / Central, NJ
Primary Interest:
Prospecting
D1MES_101 said:
This thread is scaring me.. I jammed the machine today and it was 15 bucks short... Hey will get it counted. I hope that my count is right so they can credit me the 15 bucks back in my account!

You're screwed most likely
 

Agro

Full Member
Dec 13, 2010
107
5
Cali
wf sent me their 'treasury management 2012 standard price list' (eff 8/1/2012) and among the services listed are:

coin deposited full bags - $4.00
cash vault labor/hour - $50.00

i've submitted bags in the past but have never been charged.
 

namster

Bronze Member
Nov 20, 2011
1,497
420
Sulphur, NV
Primary Interest:
All Treasure Hunting
wf sent me their 'treasury management 2012 standard price list' (eff 8/1/2012) and among the services listed are:

coin deposited full bags - $4.00
cash vault labor/hour - $50.00

i've submitted bags in the past but have never been charged.

They started enforcing that round here. I do have a business account so I cant complain, had to stop ordering/dumping at wells.
 

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