Thursday, March 26, 2009

Money on Paper has No Value..

chase-check1


 


I am not the most organized person in the world, unused plane tickets, expired train tickets, commuter checks, and now this void check. I tried to ask for the reissuance of this check but was told that there is no more account to charge to. I don't understand that, having worked for a bank, I know that what is deposited to an account unless collected willl still bein coffers of the issuing bank andi n the account of the issuer. So if the check is voided and uncollected, where will it be.


To some the value is probably just a pittance and it is just not the principle of it, it is a week or so worth of food on the table.  he he


Dear readers, can you enlighten me?


 


 


 

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