http://overlawyered.com/2009/01/lawyer-citibank-should-have-protected-me-from-advance-check-scam/ Chronicling the high cost of our legal system Tue, 14 Feb 2012 16:26:11 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://overlawyered.com/2009/01/lawyer-citibank-should-have-protected-me-from-advance-check-scam/comment-page-1/#comment-39499 Scote Fri, 30 Jan 2009 19:33:16 +0000 http://overlawyered.com/?p=8629#comment-39499 I don't know about the merits of the law suit but advance check scams rely on the banks vague system of "clearing" checks, where account holders are never given an actual positive indication of if or when a check actually clears. In this day and age where the bank debits your account instantly it is reasonable for customers to believe that a check that has been deposited several days ago and has not been rejected has been cleared. This is is a **systematic** issue and one the banks can fix. I don’t know about the merits of the law suit but advance check scams rely on the banks vague system of “clearing” checks, where account holders are never given an actual positive indication of if or when a check actually clears. In this day and age where the bank debits your account instantly it is reasonable for customers to believe that a check that has been deposited several days ago and has not been rejected has been cleared. This is is a **systematic** issue and one the banks can fix.

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