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06-21-2010 , 10:54 AM
I cashed out a FTP check a couple of weeks ago for $1200. Had the check for a couple of days before I deposited it in my bank. 2 days after that, I log onto FTP and notice the $1200 has been put back into my account. Check my email, and see the standard email about payment processor issues, but they've been resolved, try cashing out again, etc.


So I check my bank account to see if I've incurred any bounce check charges and am surprised to see the check completely cleared and funds available.

I have been expecting a correction one way or another, either a stop payment on the check in my bank account, or a withdrawal from my FTP account, but it's been 2 more business days and still funds remain in both accounts.

Any one else have this same thing happen and what am I to expect of this?

Bank error in my favor, collect $1200??? (yeah, right...)
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06-21-2010 , 10:57 AM
I had the same situation, and the bank took the check amount out (plus a fee). Expect the same thing to happen to you.
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06-21-2010 , 10:59 AM
Quote:
Originally Posted by gs3737
I had the same situation, and the bank took the check amount out (plus a fee). Expect the same thing to happen to you.

Does FTP reimburse the bank fee??
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06-21-2010 , 12:09 PM
Quote:
Originally Posted by reddred
Does FTP reimburse the bank fee??
yes
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06-21-2010 , 12:34 PM
Quote:
Originally Posted by reddred
I cashed out a FTP check a couple of weeks ago for $1200. Had the check for a couple of days before I deposited it in my bank. 2 days after that, I log onto FTP and notice the $1200 has been put back into my account. Check my email, and see the standard email about payment processor issues, but they've been resolved, try cashing out again, etc.


So I check my bank account to see if I've incurred any bounce check charges and am surprised to see the check completely cleared and funds available.

I have been expecting a correction one way or another, either a stop payment on the check in my bank account, or a withdrawal from my FTP account, but it's been 2 more business days and still funds remain in both accounts.

Any one else have this same thing happen and what am I to expect of this?

Bank error in my favor, collect $1200??? (yeah, right...)
Keep your fingers crossed, hope they don't take the funds back
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