> I once took out $5K cash for a transaction where I had to show some money and an internal this-is-not-normal alarm went off. While it was an inconvenience, I'm glad that the bank did not let me walk out with the money without checking up on me. So I think that the bank from the article was very irresponsible.
I agree 100%; I know it can be done because I've had similar experiences with WF. We have been traveling and I've gotten phone calls from them within 5 minutes of a transaction saying, "hey, we just want to make sure this is legit."
The fact that they ignored the alarms is important and I agree, negligent. But it doesn't look like it was enough for the judge to find them liable and more importantly, make it stick and not get flipped on appeal.
I agree 100%; I know it can be done because I've had similar experiences with WF. We have been traveling and I've gotten phone calls from them within 5 minutes of a transaction saying, "hey, we just want to make sure this is legit."
The fact that they ignored the alarms is important and I agree, negligent. But it doesn't look like it was enough for the judge to find them liable and more importantly, make it stick and not get flipped on appeal.