CJ + My Bank = Bullshit

[The Infiltrator]

Well here is what happened. I had a payment coming in on Jan 16th. The same day my bank closed my account without warning and the only explanation I got is the number of transactions was too high.

Right away I phone up CJ and notified them about this to basically stop the payment and send me a cheque. The person on the line told me that they had to receive a rejection notice and that they would send a cheque after the deposit was rejected.

So now as of today I receive the direct deposit rejection notice, I call them again and they say that it is unlikely that they will send me a cheque this month because the payment period has passed. Now I am in negotiation with accounting department.

I am very nerous for my advertising budget as CJ is main funds. The chque sum is over $10k and that funds all my AdWords and YSM campaigns.

Could anyone give me an advice on what to do in this situation? Anyone had any experience like this?

 

[zigzag911]

did they say that they would still pay out next period?

 

[dating101]

yeah, i had something similar.

I have bad news.

I had to wait for the next payout to get my check.

CJ promised that they would submit my name to a 'straggler' list of paople who were getting paid late, but I found out that no such list exists.

Sorry man.

 

[confined]

Looks like you gotta wait! In the meantime set up an account with a new bank who doesn't stiff you with limited transactions!

 

[The Infiltrator]

Yeah they said they would payout. But a lot of suggestions about waiting for the next pay period.

The biggest issue is that I warned them to change it last week right on the pay day. And they told everything is fine. Now it is basically negotiations to get a cheque this week.

It is freaky mentally to have no ads running for a long time. Is there any way to contact the accounting dpt?

I find this unfair because I requested a change then right at the beginning of the pay period.

 

[centerpoint]

Personally, I would be all over the bank manager. CJ sent your money. It is not their fault your bank account was closed.

 

[The Infiltrator]

Canadian banks are a whole bunch of dicks. I mean the big banks, BMO, CIBc, Scotiabank etc. Dealing with them arguing doesn't get anyone anywhere. Just a waste of energy as you know that you are dealing with corprorate morons that don't give two fucks about you as their client.

Also realize that in any Canadian banking contracts when you open the account if you read the fine print, it says that they can close the account at any time at their own discretion. That's what I didn't know before as I never read any of those statements in small print.

After all CJ has the money right now. I also opened an offshore bank account which is expecting funds from me this month. I have an Amazon cheque and I only wonder if that will get me through. Hope everything will work out.

 

[4alllifestyles]

this is why I only deal with smaller regional/provincial area banks. And I take my bankers to lunch or for an after work drink at least once a month.

When you get to know your banker, and he/she's with a smaller bank it means two things for you:

1) More attention paid to your needs.
2) Discretion can be exercised by the banker for situations like this.

Oh, I don't tell them everything. But they know I'm a marketer, my payments clear, and that I do business with those that do business with me. Which translates into if they want my deposits they have to be good to me.

 

[mockba]

i had that happen with CIBC. though it was a high amount of charge-backs and not transactions. i paid 4 bills in fees and they still f*cking cancelled me without prior notice.

it is kinda strange that they would close you just for the amount of transactions, unless smth sketchy was happening.

out of all i've known TD has been the best. i even wish they had an affiliate program so i could post my link over here

 

[The Infiltrator]

Hey do you mean credit unions? You living in Canada?

 

[The Infiltrator]

i had that happen with CIBC. though it was a high amount of charge-backs and not transactions. i paid 4 bills in fees and they still f*cking cancelled me without prior notice.

it is kinda strange that they would close you just for the amount of transactions, unless smth sketchy was happening.

out of all i've known TD has been the best. i even wish they had an affiliate program so i could post my link over here

LOL, Mine was with BMO. And to tell you what that is the most fucked bank in the country. Worst customer service ever.

And you know what's sick if you make over $15k a month all the stuff in the branch is just obsessed with your account. I had like fucking messages from the manager by phone that hey you just withdrew $1k today.

Like what the fuck does he need to leave me a massage like that? I knew that I withdrew $1k and I shop massively. Fucking HATE BMO. Like where the hell is my privacy? Well all this was going and exactly on my paid day account was closed. Also had very large mothly account charges as my income grew

Anyone reading this, I am giving a warning do not do business with BMO especially with high funds. They are a bunch of dicks and they do not business in your favour under any circumstances.

 

[The Infiltrator]

Did any of you get those so called late payments from CJ before?

 

[blackhataffiliate]

Was this a business or personal account. I had problems before I created an LLC, but no problems since.

 

[The Infiltrator]

Was this a business or personal account. I had problems before I created an LLC, but no problems since.

Was a personal account. I created an LLC but that bank account will be outside of Canada.

Did you ever get any pay past their pay periods?

 

[xgnux]

your bank closed your account because your number of transactions was to high? lol never heard of this before...

 

[stunna]

Yeah I wasn't aware that it was even possible.

I have had my visa locked before by buying from too many random places in a short time frame, but all I had to was call them and verify some stuff to get it unlocked again.

 

[The Infiltrator]

your bank closed your account because your number of transactions was to high? lol never heard of this before...

I find it just as ridiculous. What's even crazier that my account was closed without any warning whatsoever.

 

[centerpoint]

Canadian banks are a whole bunch of dicks. I mean the big banks, BMO, CIBc, Scotiabank etc. Dealing with them arguing doesn't get anyone anywhere. Just a waste of energy as you know that you are dealing with corprorate morons that don't give two fucks about you as their client.

Also realize that in any Canadian banking contracts when you open the account if you read the fine print, it says that they can close the account at any time at their own discretion. That's what I didn't know before as I never read any of those statements in small print.

After all CJ has the money right now. I also opened an offshore bank account which is expecting funds from me this month. I have an Amazon cheque and I only wonder if that will get me through. Hope everything will work out.

I have never had problems with Canadian Banks. Been using TD for 15 years without a hitch. Canceling an account for too many transactions thats new

 

[terryuk]

If your banking outside your country with CJ maybe it's a lock down on tax? No idea, but similar problem with EU banks, no CJ and amounts which 'trigger' suspicions. Talk to your bank manager if you trust them

 

[pm_money]

American Banks kick ass...

When I walk in my bank to deposit / withdrawl large amounts, they treat me like I"m a God...

Good Luck with your dispute with CJ. I know they can be a pain...