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Thread: bank of america and other difficult banks

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    God/dess Athenathefabulous's Avatar
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    Default bank of america and other difficult banks

    I have had this problem quite a bit, and last night this cost me at least an additional 400$ from a very sober and polite customer. For some reason, bank of america seems to hate new orleans strip clubs, and after a certain amount is spent or a certain time, they will cut the customer off. Now, at this point the customer can call the bank and say that they are sure they want to spend X amount of money and it is actually them with the card. however, after a certain hour, bank of america is closed and the customer has no way of reaching them.

    I dont know whether this is all strip clubs or just in new orleans. Someone told me that bank of america will cut spending off out of the country unless they are notified before hand and apparently new orleans is treated as out of the country (totally fair, right?). Im guessing that if new orleans is treated differently then other places known for drunken shennanigans would also have this problem... like vegas maybe.

    does anyone know if there is some secret number to call to get around this? I think it is absolutely ridiculous that when i have a sober adult customer who wants to spend their money as they see fit that the stupid bank makes me lose my sale. its not just bank of america,... i have had this problem with hancock bank as well, which i understand since it is a smaller bank. however, i have had this problem at least 4 times specifically with bank of america and since they are such a huge bank, i feel like there has to be some way to get a hold of them after hours.
    The best thing i have heard in a strip club to date:
    customer: we should get married right now! we should get a shotgun marriage!
    me: uhh... i think you are misunderstanding what a shotgun marriage means. A shotgun marriage means you knock me up and my daddy shows up at your door with a gun and forces you to marry me and raise the baby. You mean elope.
    customer: hmm... nah actually i will take the shotgun marriage. At least then we would be having sex.


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    God/dess arielbriel's Avatar
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    Default Re: bank of america and other difficult banks

    Happens constantly here in NYC. Ready to extend and then BOA cuts off their card. It really sucks.

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    Banned Melonie's Avatar
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    Default Re: bank of america and other difficult banks

    I'm told by some of the bankers visiting 'way south of the border' that it's not just BofA either. Essentially, the new CARD act limitations on credit card charges / penalties makes it more difficult for credit card underwriting banks to recover losses, so to 'protect' themselves against potential losses the credit card underwriting banks have instituted new and tighter ATM withdrawl policies, are attempting to institute higher ATM transaction fees for all customers, etc.

    The 'problem' with potential fraudulent ATM withdrawls is that ATM access is possible for all bank customers regardless of their particular credit rating or financial history. Thus to avoid potential claims of unequal treatment under the CARD act, the underwriting banks have taken the direction that every ATM customer transaction could be fraudulent. And while none of these bankers would come right out and say it, they 'hinted' that the terrible history of charge-backs by strip club credit card customers probably places ATM's located in strip clubs on a 'high risk' roster subject to the tightest bank security policies.

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    Default Re: bank of america and other difficult banks

    I had a friend who just went through a similar issue. He was hit on his debit card for 700.00 from a new scam. When you go to the gas pumps now be very gaurded. If you do not have a corporate credit card do not use a corporate debit card.

    Mant people open bank accounts for business and get a debit card not knowing the new banking regs will screw you if you get money stolen. Here is how you get screwed. A company, business, LLC, INC, LTD, etc.... are not considered a consumer.

    By banking definition consumer means a natural person.

    So when my friend used his corporate debit card at the gas station he did not know the gas attendant copied his info and sold it to a group offshore in the caribbean islands who then hit him for 700.00.

    BoA said due to new regs, REG E, your money is not recoverable since it was a corporation and not an individual, knoan as a consumer.

    Copy of REG E
    http://www.bankersonline.com/regs/205/205.html

    Just click on it go down to definitions click on it, then go to the defition of consumer.

    I highly recommend you cancel all corporate debit cards ASAP, otherwise you are allowing the scammers to rob you blind with no way to recover your money.
    My Blog:

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    Banned Melonie's Avatar
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    Default Re: bank of america and other difficult banks

    ^^^ yup absolutely true. I chose to cancel a 'small business' credit card I had used for years while still actively dancing etc. for this very reason. Indeed banks are now promoting 'small business' credit card accounts to individuals for that very reason ... that the CARD act 'protections' ( i.e. fraud loss protection, limitations on fees, limitations on interest rate changes ) only apply to personal credit / debit card accounts, or put another way that 'small business' credit / debit card accounts lack such 'protections'. Unfortunately for the probable majority of new 'small business' credit / debit card holders, they probably aren't fully aware of the 'protections' they are sacrificing in exchange for a few months worth of zero interest rates ( or whatever other 'loss leader' promotion is employed ) by signing on to a 'small business' account and thus allowing the bank to close their former personal account and transfer the balance to their new 'small business' account.

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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by arielbriel View Post
    Happens constantly here in NYC. Ready to extend and then BOA cuts off their card. It really sucks.
    Exactly! ^^^ I have had amazing prospects often, and then got shot down by the dreaded BoA.


    Booooooooooooo!
    Quote Originally Posted by Jay12 View Post
    ^What Sophia said.
    Quote Originally Posted by yoda57us View Post
    I wish there was an "auto-like" setting that I could just have applied to all of your posts Sophia....

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    Banned Melonie's Avatar
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    Default Re: bank of america and other difficult banks

    ^^^ yup ... and you can blame the idiots who allowed their no limit business credit cards to be run up to 5 or even 6 figure tabs in strip clubs like Scores, and who then turned around and attempted to sue to protect their business reputations. This in turn emboldened other club customers to simply claim bogus charges were placed on their credit cards by strip clubs, with ensuing chargebacks. You can also blame the 'fly by night' adult pay website operators who took customer membership payments via credit card and then high-tailed it when the web hosting / bandwidth bill came due. All in all, every 'adult' business is now classified as a 'high loss risk' by every credit card company.

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    Default Re: bank of america and other difficult banks

    Okay, here's a rundown:

    Depending on the bank and the account/card type, most customers will have a daily withdrawal limit from the ATM as well as a daily spending limit. The bank I used to work for would typically have a $515 daily withdrawal limit (the extra $15 for ATM fees) and a $1000 daily spending limit. These may be a little lower than other banks, since this was a pretty small bank, but nearly all debit or ATM cards will have those limits.

    Depending on their bank, the customer service rep they talk to, and other random factors, most banks will allow a customer to do a 1-time raise on those withdrawal limits. Unfortunately, some customer service reps may get judge-y and refuse to do it just because the customer is at a strip club.

    Additionally, if the customer is visiting another place and didn't place a travel alert with their bank, they may just be getting an authorization hold. For example, if I live in Wisconsin and go to California without putting a travel alert on the account, after a few transactions, the bank will probably freeze my card til I call them and they can verify it's me using the card. A simple call to the customer service department should fix that.

    If your club allows customers to run a tab, you may want to see if they can do an authorization on the card if they can't get the ATM to work. If they've exceeded their daily ATM withdrawal limit, but not their daily spending limit, the club should be able to charge the card and just give the customer cash.

    I hope this helps!

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    Default Re: bank of america and other difficult banks

    Oops! Forgot to put their number down!

    Bank of America's 24/7 customer support number: 877-231-9372. This should be a direct line to a customer service rep, but you may want to give it a try before you give it to a customer.

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    Veteran Member Cheo_D's Avatar
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    Post Re: bank of america and other difficult banks

    Ran into this with BoA both in NYC and Vegas (from there on out I rather get advances at the casino). Melonie is spot on both about how the abuses of some have made the entire adult segment suspect, and about how the new "protection" laws can cut both ways and will be used by the bank to do so.

    The alternative, having the club simply run an authorization on your card as a merchant and settle from that, still will run up against these risk assesments, plus as BringontheMen noticed, how the customer may not want to one month from now be asked the question "Hey, what is RCI Enterprises and how did you spend $1,800 on food and beverage there during your 2-day meeting trip?"

    Of course, these days when I hit a club I'm most likely to do so carrying just legal tender and my lowest-limit card, so when I'm out of cash I'm out of here. Self-regulating mechanism, y'know?

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    Default Re: bank of america and other difficult banks

    Can someone PLEASE tell me what a funny money is? I have heard this term before. I have scratched my head trying to figure it out but no luck. Thanks in advance for your answer!

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    Banned Melonie's Avatar
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    Default Re: bank of america and other difficult banks

    ^^^ 'funny money' is club issued 'scrip' ... which must be purchased from the club by customers, subsequently used to pay for private dances / dancer tips etc., and eventually exchanged by dancers for actual cash back from the club.

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    Member ExoticMoments2You's Avatar
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    Default Re: bank of america and other difficult banks

    How can a bank say when You can and can't use your card.

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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by Melonie View Post
    ^^^ 'funny money' is club issued 'scrip' ... which must be purchased from the club by customers, subsequently used to pay for private dances / dancer tips etc., and eventually exchanged by dancers for actual cash back from the club.
    Thanks Melonie! So they are like casino chips.

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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by BringOnTheMen View Post
    If casino chips were able to rape two people (dancer and customer) at once.
    What do you mean? Care to elaborate? Thanks!

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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by BringOnTheMen View Post
    It's pretty standard for clubs to charge high fees when a customer uses his credit card. At my club, the customer is charged an extra 10%, and the dancer loses an extra 10%. I'm fairly certain that this is the norm. So if a customer wanted to get a $1,000 room with me, he would actually pay $1,100, and I would only get $900. Obviously, this is not including the "club's cut" of the dance, which actually makes my final cut around $600. So yeah, $200 straight to the club, just because the customer used his credit card. Had he pulled that money out of the ATM he would have saved $100 and the dancer would have gotten an additional $100.
    I strongly believe it is the clubs which are responsible for hostile tension that exists between PLs and strippers. This one just adds more fuel to the fire.

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    Veteran Member lfr's Avatar
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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by kbachh01 View Post
    Depending on the bank and the account/card type, most customers will have a daily withdrawal limit from the ATM as well as a daily spending limit. The bank I used to work for would typically have a $515 daily withdrawal limit (the extra $15 for ATM fees) and a $1000 daily spending limit. These may be a little lower than other banks, since this was a pretty small bank, but nearly all debit or ATM cards will have those limits.

    Depending on their bank, the customer service rep they talk to, and other random factors, most banks will allow a customer to do a 1-time raise on those withdrawal limits. Unfortunately, some customer service reps may get judge-y and refuse to do it just because the customer is at a strip club.
    yeah, my Chase card does this too, but luckily for me, my place is kinda divey, there's no inside atm machine, and it helps to limit me to how much I would spend in a night. If I think I'd need more money, I think ahead and pull out additional money the day(s) before so that my daily limit is not exceeded.

    but do banks really care when someone uses an ATM IN a club?
    I wish I knew what I was doing...

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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by lfr View Post

    but do banks really care when someone uses an ATM IN a club?

    Banks don't care where someone uses their card. But if you need to call a customer service representative to raise your limit, you can sometimes run into the judgey ones. When I worked for the bank, we had a couple of reps who would try to dodge out of raising limits for customers at strip clubs, casinos, etc. If you run into those problems, ask to talk to a supervisor.

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    Default Re: bank of america and other difficult banks

    I think the issue here is people tend to be sympathetic to other people by default unless of course you do something to aggravate them. So these customer service representatives are simply trying to protect the customers at the strip clubs thinking that the customer does not know what he is doing. It is an understandable aspect of human nature.

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    Veteran Member lfr's Avatar
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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by BringOnTheMen View Post
    yeah they do...scroll up lol. Banks label SC ATMs as "high risk" ATMs and block transactions more often, especially at night.
    that just sounds odd to me. I mean, I know what you're talking about, in a financial sense, esp. these days, but if someone has money in the bank, who's to say (them apparently) how much you can take out?

    I mean I've been to some 'high' risk' places that were not SC's and I needed money more than anything, so if they blocked me at those times, I would be incensed and take all my money out and transfer to another bank for being screwed with.
    I wish I knew what I was doing...

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    Default Re: bank of america and other difficult banks

    ^ I am the opposite. I would be indebted if my bank blocked me from charging my cards inside a strip club.

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    Veteran Member lfr's Avatar
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    Default Re: bank of america and other difficult banks

    Quote Originally Posted by Brigham View Post
    ^ I am the opposite. I would be indebted if my bank blocked me from charging my cards inside a strip club.
    so you agree with limits, just because it's a charge for a SC?
    I wish I knew what I was doing...

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