• Dookieman12@piefed.socialBanned
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    3 months ago

    If you owe the bank a million dollars and can’t pay it back, that’s your problem.

    If you owe the bank 100 billion dollars and can’t pay it back, that’s the bank’s problem.

  • OwOarchist@pawb.socialBanned
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    3 months ago

    If you overdraft by 100 dollars, that’s a problem for you. If you overdraft by 100 billion dollars, that’s a problem for the bank.

  • MrEff@lemmy.world
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    3 months ago

    This is actually a really common thing for banks to do for fraud security. It works better than just freezing the account because if someone is using a stolen identity they can still go in person and fake their way around a frozen account. But if the security team deducts $100 billion dollars, then you can’t take anything out and it essentially warns anyone who works in banking who isn’t directly in your bank (3rd party bank) about what is happening to the account.

      • Princess Donut@pawb.social
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        3 months ago

        THIS IS AN OUTRAGE!

        WHY WOULD THE PRINCESS POSSE BUY SUCH A USELESS PLANET?!

        CAT’S CAN’T EVEN LIVE THERE.

        I DON’T KNOW WHY, BUT I BLAME CARL FOR THIS. IT SOUNDS LIKE SOMETHING HE’D COME UP WITH. I MEAN REALLY.