02-23-2012, 10:45 AM
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#11
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Seldom Seen
Join Date: May 2001
Posts: 10,543
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Quote:
Originally Posted by RIJIMMY
I understand Johnny, but a check is a substitute for currency and should be worth the face value of the note. If the check is drawn on Citizens Bank's paper, it should be worth the face value at a Citizens branch. They should honor their own paper. The issuer has to have an account at Citizens and as a result, pays for the teller. It may just be perception, but I believe they are undermining the trust in the banking system of checks.
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Exactly! Well put. |
“Americans have the right and advantage of being armed, unlike the people of other countries, whose leaders are afraid to trust them with arms.” – James Madison.
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