Luxas on Nostr: Former banker here, and that’s not even the worst of it. We had our account balance ...

Former banker here, and that’s not even the worst of it. We had our account balance algorithms for overdrafts tuned to be out of order based on the amount of the transaction rather than in chronological order of a transaction. So, you might have had the money to cover the $3 charge at the start, but because there were subsequent transactions in the same timeframe, say another charge for $30 and then $15, but you only had a balance of $25 it wouldn’t cover the $3 charge and would have gone towards the $30 charge, failed on it and then also failed for the $25 and then finally the $3 charge, which was the first one and should have been covered by available funds. Absolute rape, on purpose. There were some other scams the bank did and I eventually quit.