Dont know what store you went to but company policy is up to $250 in cash refund the rest is either by check or store credit. Guess you complained a lot and were demanding and threatened to sue, etc etc
He is indeed talking about the debit card limit, but he also mentions that the bank will put a hold on the check when he deposits it. You are also correct in that many banks do have differing policies regarding the availability of money after check deposits. For example, my sister and I were both given $5000 (thanks Grandma!) and deposited the checks within a day of each other. My money was available the next business day, while the bank held hers for 5 business days (her balance had gone negative for a few days two months before). The bank could have held my money for the same timeframe.
----------
I see that my attempt at a joke failed!![]()
Putting aside the idea that even doing this would be a total dick move, and then taping it and putting it on the internet would be a gargantuan dick move; the manager has to consider way more than "saying no to $2,000 dollars." Does he make a night drop deposit after close of business? Is the receptacle for the night drop large enough to accept giant bags of coins? Is the person making the deposit physically able to transport said coins?
I'd hazard a guess that if the manager was polite and courteous and requested that you bring a method of payment that wasn't extremely inconvienient, that upper management wouldn't fire, lecture, suspend, or demote anybody.
That would never happen. Mainly because: I'd do it myself and get it on camera and throw it up on youtube.
If word got to upper management that a store manager refused to take legit funds, there would be either firings, lectures, suspensions or demotions (or a combination of those).
You don't say no to $2,000 dollars.
$2000 is pocket change to Apple. You're talking about a company that has BILLIONS of dollars stockpiled. The problem with bringing in $2000 of quarters is you create a huge liability for the store and having to deal with 8000 quarters is not something a store would be prepared to handle. I'd bet while maybe a district manager will on the surface apologize to you, quietly, he's high fiving the store manager for having some common sense...
It is illegal for any business operating within the United States to refuse US currency. That is, if you choose to pay in cash, quarters, or pennies, a business is legally obligated to accept all US currency.
I guess you haven't flown much lately? Most airlines don't accept cash on board. It's credit/debit cards only...
It's illegal for a govt office to not accept cash within limits. i.e., I believe there is a statute of coins over a certain amount can be refused, as in at the post office, if you tried to pay a $10K tab with 1 million pennies, they'd kick you out and tell you to come back with some more reasonable form of payment...
Dont know what store you went to but company policy is up to $250 in cash refund the rest is either by check or store credit. Guess you complained a lot and were demanding and threatened to sue, etc etc
It is illegal for any business operating within the United States to refuse US currency. That is, if you choose to pay in cash, quarters, or pennies, a business is legally obligated to accept all US currency.
exactly they can just say they dont have the manpower to count that many coins to verify the ammount, please come back later, and there so many smaller business coffee shops, sandwiches shops, that say we do not except $50 or $100 dollar bills becasue they a) dont have the change to provide, or b) they dont have the equipment to test if its conterfeit
people who thing everyone has to except anything and everything from a consumer are living in a bubble
Incorrect. No laws exist that state a business must accept cash. The only laws regarding acceptance of cash state that currency must be accepted for all debts incurred. Since the business does not have to sell the device, they do not have to incur the debt and there for can deny cash. It would be hard to find a business not accepting cash in this day and age, but wold be completely legal.
We read about it here all the time. Fanbois that have to sell their existing phone or computer before they can buy the replacement.
Not true. The only time you're going to get issued a store credit is if you have no receipt. If you have a receipt for a cash payment they have to refund the money in like terms. A check is acceptable because it can be converted to cash. Conversely, if you purchase something with a card (credit or debit) they simply refund the funds to the card in question as long as you have a receipt.
I don't know how it is in America, but in the UK, certain coins are only legal tender up to a certain amount http://www.royalmint.com/corporate/policies/legal_tender_guidelines.aspx
Coins are legal tender throughout the United Kingdom for the following amount:
£5 (Crown) - for any amount
£2 - for any amount
£1 - for any amount
50p - for any amount not exceeding £10
25p (Crown) - for any amount not exceeding £10
20p - for any amount not exceeding £10
10p - for any amount not exceeding £5
5p - for any amount not exceeding £5
2p - for any amount not exceeding 20p
1p - for any amount not exceeding 20p
exactly they can just say they dont have the manpower to count that many coins to verify the ammount, please come back later, and there so many smaller business coffee shops, sandwiches shops, that say we do not except $50 or $100 dollar bills becasue they a) dont have the change to provide, or b) they dont have the equipment to test if its conterfeit
people who thing everyone has to except anything and everything from a consumer are living in a bubble
I agree that not everyone has the cash to make change, but there is no special equipment to test if a 50 or 100 is legit. its just a special marker and even gas stations have them. Ive seen the guy at dunken doughnuts use it to verify a 100 I gave them since I had just cashed my check. No legit business would not have one