First world problem of the day: I’m A section D violating money laundering terrorist 

Recently I got a bank charge for $15 and made a mental note to contact the bank. A few weeks passed, I hadn’t gotten around to it yet, and I got another $15 charge and, mysteriously, my savings account had seemingly been converted to a checking account. What the heck?

I called the bank and was informed that I had violated section D of the anti-terrorism banking regulations because I had set up more than 6 automatic monthly withdrawals from my savings account. But, I stumbled, that’s my “safe” account. I auto-deposit a certain amount from my paycheck and set up the auto-debit must-pay bills that don’t vary like the mortgage and our IRA contributions.

Apparently, this is very similar to how terrorists operate. And money launderers. I’d be very interested in how a few grand a month in 7 Auto-debits funds much of anything but far be it from me to challenge banking regulators.

I actually went into my bank (hadn’t done that in a while) to at least convert the account to an intetest-baring checking account.

Golly, hope this doesn’t put me on a watch list! Those equalized payments I make each month to the Board of Water and Light make me a real menace.

Published by Sonya Schryer Norris

Librarian :: Instructional Designer :: Blogger

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