Beware Of Some Banks

If you have a debt of $2000/- and you write a cheque of $2000/- together with a letter of notice to clear all your debt, do you expect the bank to take your $2000/- to open a new account while continue charging you high interest for the debt owed?

Confused?

Debt : $2000 owed
Cheque : $2000 to clear debt
Letter of Notice to clear debt stapled together with cheque.
Bank takes the $2000 to open a new account for you without your notice.
Bank currently carries on charging you interest for the $2000 owed because you did not repay your debt.

What’s going on???

Beware of some banks… better check all letters sent to you from them and also the monthly statements.