Bank Won't Let Guy Withdraw All His Funds So He Decides to Drown Them in Perpetual Transactions

A man has found a genius loophole to get around a bank's fee for closing his account. So he left a small amount of money remaining in the account. When the bank then decided that they were going to add a fee for inactive accounts he decided to find a way around that too.

These days, banks have ridiculous fees for anything and everything you could ever imagine. Sure, I'll buy into the fact that closing or opening an account used to have a bit of administration time involved. But indeed, those processes are now automated at the large banks that pull this kind of crap?

How about that paper statement fee that you are automatically opted into. And are you seriously going to charge me $5 because I blinked 500 times while waiting in line for service?

When it comes to stuff like this, there's only one thing you can do; Play the game. This is precisely what user Creepy-Analyst has done. 

What better way to avoid fees for closing an account than this?

 

 

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