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UnevenEdge

Not accepting $50 or $100


Clu

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I should know this because I work for a bank, I guess....but I thought it was illegal for businesses to refuse US currency? I could be wrong, I probably am... But many moons ago when I sold cash Management services, we shut down a few operations that put minimum limits on debit/credit card transactions. Not really the same... But it was limiting transactions for the benefit of the business..

I suppose if you can refuse gay people cake.mm you can refuse money?

Talk to me...I'm on conference calls all morning.

Edited by Clu
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2 minutes ago, Poof said:

I sucked a guy's dick while he was on a conference call meeting once

This girl I used to date got off on doing that. You're doing God's work.

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In the long, long ago of 2004 I worked at Domino's, and I remember a time we had to refuse a customer trying to pay with a $100 bill because it was one of the first orders of the day and we didn't have enough money in the cash register to give him change.

But who the hell tries to pay for $15 worth of pizza with a $100 bill on a Sunday morning anyway.

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I still don't understand how hotels can legally say they don't accept cash, even if you have a valid cc for incidentals. One hotel in OKC was giving me so much trouble even though I was there on an employee rate bc I work for the same chain. They had to call the mgr to greenlight it. I had about a thousand in cash and almost nothing on my card, they were trying to say they don't even take cash security deposits, ONLY credit card payments. Seemed illegal as all hell. Discrimination, you know? I don't know. 

Edited by Nabloom
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15 minutes ago, Nabloom said:

I still don't understand how hotels can legally say they don't accept cash, even if you have a valid cc for incidentals. One hotel in OKC was giving me so much trouble even though I was there on an employee rate bc I work for the same chain. They had to call the mgr to greenlight it. I had about a thousand in cash and almost nothing on my card, they were trying to say they don't even take cash security deposits, ONLY credit card payments. Seemed illegal as all hell. Discrimination, you know? I don't know. 

How do you not know that people trash rooms and the hotel has to eat that. Now when I stayed in Cali they took a cash deposit. $400 so they know you won't fuck it up but it's easier to trust people with a card because you can contact them. Having an ID doesn't mean shit when they can be doctored or just have false info. I know you are uncaring when it comes to businesses and this is why they shit on people. The most recent one I used to work at would take a $50 deposit but when you break the tv and window on top of smoke in the room, 50 bucks ain't shit and that why they decided card or no stay. They wouldn't even rent to locals due to the domestic shit that happened constantly. 

Edited by Buddyroe360
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3 hours ago, GuyBeardmane said:

 

But who the hell tries to pay for $15 worth of pizza with a $100 bill on a Sunday morning anyway.

The same person who tries to pay a40 cent overdue fee with a  50 dollar bill.

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12 minutes ago, Buddyroe360 said:

How do you not know that people trash rooms and the hotel has to eat that. Now when I stayed in Cali they took a cash deposit. $400 so they know you won't fuck it up but it's easier to trust people with a card because you can contact them. Having an ID doesn't mean shit when they can be doctored or just have false info. I know you are nihilistic when it comes to businesses and this is why they shit on people. The most recent one I used to work at would take a $50 deposit but when you break the tv and window on top of smoke in the room, 50 bucks ain't shit

The one I stayed at the night before took a $300 cash deposit bc I was paying cash, I was cool with that bc of course I understand that people fuck up rooms and take shit. This one said they wouldn't accept cash under any circumstances. I told them about the deposit policy of the hotel I was in the night before, same hotel chain, and offered a $500 deposit, again I'm there on the employee rate, they still refused - no cash payment under any circumstances, they said. I had to tell them to call the GM bc they were stonewalling me, and after a five minute convo they let me pay cash w no deposit. 

I get requiring a cc for incidentals. But even my hotel only authorizes that for $1 so we know there's at least something on it, we don't tie up hundreds of dollars on their card after they pay us almost $200 in cash for a room for one night.

Refusing cash paying guests is not a normal hotel policy. 

I'll let sawdz speak to the legality of it, it seems like at least a gray area to me if not outright technically illegal 

Edited by Nabloom
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Not sure about all of that. Honestly I can't ever recall staying at a hotel that didn't require a cc to reserve the room.

Cash paying at a hotel seems odd to me, at a hotel... Now those charge by the hour roach motels you probably frequent are a different story... Cash limits their ability to offset damage, and banks will trypically allow electronic payment to overdraft your account... Which means the hotel gets paid and then you owe the bank... So it's not their problem anymore.

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1 minute ago, scoobdog said:

I always kind of assumed that legal tender restrictions were anti-counterfeit measures.  I used to wonder why big bills would be a problem, but them my brother got a counterfeit C note from a Bank of America of all places.

It really isn't these days tho... I mean, counterfeit bills have been seen coming directly from the fed. From my observation it's strictly a lazy move of not carrying cash in stores. Cash is expensive to carry on hand, that's why banks don't really keep cash in the branches... They can't make money on it if it's sitting in a vault.

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7 minutes ago, Nabloom said:

 

I'll let sawdz speak to the legality of it, it seems like at least a gray area to me if not outright technically illegal 

Why would he know anything about the legality of it when he's trying to figure out why he can't drop cnotes at huddle house.

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6 minutes ago, Clu said:

Cash paying at a hotel seems odd to me, at a hotel..

You do need a cc to reserve it but most don't authorize the cc for any amount until you check in, so you can switch cc's or pay cash. Most people don't pay cash but sometimes people's banks are overprotective and lock their shit down when they're out of town or they get their identity stolen while on vacation, so people are forced to pay cash. People in those situations and sketchy locals are the only people who tend to pay cash for a hotel room. 

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1 minute ago, Clu said:

It really isn't these days tho... I mean, counterfeit bills have been seen coming directly from the fed. From my observation it's strictly a lazy move of not carrying cash in stores. Cash is expensive to carry on hand, that's why banks don't really keep cash in the branches... They can't make money on it if it's sitting in a vault.

The only way I could rationalize those would be if the bank refused to reimburse or offer some kind of protection to businesses stuck with counterfeit bills.  What kind of services do the banks offer for counterfeit bills?

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Just now, scoobdog said:

The only way I could rationalize those would be if the bank refused to reimburse or offer some kind of protection to businesses stuck with counterfeit bills.  What kind of services do the banks offer for counterfeit bills?

None.

I mean, you report it and the bank sends it to the fed (secret service) for investigations. There is no offset process to protect the consumer. That's probably why most are digital transactions.

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18 minutes ago, Clu said:

It really isn't these days tho... I mean, counterfeit bills have been seen coming directly from the fed. From my observation it's strictly a lazy move of not carrying cash in stores. Cash is expensive to carry on hand, that's why banks don't really keep cash in the branches... They can't make money on it if it's sitting in a vault.

Just carry a few fucking twenties. It is not that serious.

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I would assume.  Given that larger denominations are most likely to be deposited rather than cycled back out from a business register, it would make sense that those two denominations offer significantly more liability to the business.

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1 minute ago, SorceressPol said:

I am a consumer with common sense though. 

If you say so, carrying cash doesn't seem very sensible in this day in age.

Edited by Clu
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It depends on the nature of the transaction. If it is an instantaneous transaction, say buying a shirt, the seller can refuse to accept currency. If it is to settle a debt, meal at a restaurant, taxi ride etc., then it is illegal to refuse tender. They are not, however, obliged to give you change....

 

 

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3 minutes ago, Ginguy said:

It depends on the nature of the transaction. If it is an instantaneous transaction, say buying a shirt, the seller can refuse to accept currency. If it is to settle a debt, meal at a restaurant, taxi ride etc., then it is illegal to refuse tender. They are not, however, obliged to give you change....

 

 

I've never heard this before?

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1 hour ago, Clu said:

If you say so, carrying cash doesn't seem very sensible in this day in age.

Well, out here in West Bumfuck, there are a lot of small businesses that are cash only. You want to eat anyplace besides Burger King and and drink anywhere at all, you need cash on hand. Even the liquor store only takes cash.

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4 minutes ago, mthor said:

Well, out here in West Bumfuck, there are a lot of small businesses that are cash only. You want to eat anyplace besides Burger King and and drink anywhere at all, you need cash on hand. Even the liquor store only takes cash.

That's fair. I suppose that makes sense, and frankly if they can support it? Why not? I'm outside Philly and it's just not common... I saw a bar that was cash only... But they were smart and know that underage or over served patrons are a liability and the digital paper trail would come up in court.

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1 minute ago, Clu said:

That's fair. I suppose that makes sense, and frankly if they can support it? Why not? I'm outside Philly and it's just not common... I saw a bar that was cash only... But they were smart and know that underage or over served patrons are a liability and the digital paper trail would come up in court.

Even for those places that don't want a paper trail, the fees to credit card carriers often make credit cards and in-network debit cards not worth the hassle. 

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Just now, scoobdog said:

Even for those places that don't want a paper trail, the fees to credit card carriers often make credit cards and in-network debit cards not worth the hassle. 

The fees really aren't that bad, and I realize that's why they try and set minimums on the purchases.... But the amount of business you will lose, is far greater. 

 

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Just now, Clu said:

The fees really aren't that bad, and I realize that's why they try and set minimums on the purchases.... But the amount of business you will lose, is far greater. 

 

It seems to me that the places that are most likely to be cash only are also the ones that already have a limited clientele, at least in my personal experience.

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5 hours ago, discolemonade said:

it's probably already been said. 

but usually in small establishments, the till only starts with a $50-100 till. so, some jerk walks in with a 50$

pretty much wipes it out. 

and takes all the 5$'s

or they can't afford that counterfeit pen checker thingy. 

This.

And the pen doesn't work, at least not as much as people think it does. It can only tell you if the bill is printed on something common. It can't tell you if the $100 bill is actually a $1 bill that's been chemically bleached and reprinted because the pen will say the paper is legit. Many places have blacklight machines that cause the embedded color-coded stripes in the bill to glow. Different bills have different colors and the strips are in different places for each denomination. 

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6 hours ago, Nabloom said:

Also, Canadians. Canadians love paying cash for some reason. I guess they take a ton of cash out for their international vacation to Florida. 

Exchange rate is easier to deal with if you just exchange currencies at the border before heading on to your vacation destination. Using a card internationally often carries extra fees per transaction and sometimes the cards wouldn't read because whatever bank was holding the card wasn't on whatever they needed to be for random charges across the border. And because of counterfeit traveler's checks, a lot of places aren't taking those anymore. So cash is better and faster. You are told it's $3 American for a cheeseburger, you pull out three dollar bills American and it's all good.

I grew up on the border. I still have $2 bills with robins on them somewhere. :D

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23 minutes ago, tsar4 said:

I had a book of obscure laws once.  One of them was that 37¢ in pennies was not considered legal tender.  There was no further explanation as to why such an odd amount was decided upon.

alright, now i need to know why this was. and google is not helping. 

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44 minutes ago, Buddyroe360 said:

Tsar may be having a senior moment

Thought it was the book "You Can't Eat Peanuts in Church", but nope.  I did find this little gem within -

"In Kentucky, you may not shoot clay pigeons during breeding season."

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2 minutes ago, tsar4 said:

Thought it was the book "You Can't Eat Peanuts in Church", but nope.  I did find this little gem within -

"In Kentucky, you may not shoot clay pigeons during breeding season."

 

I'm going to try and give that the benefit of the doubt that it's poorly worded and no one paid attention....I definitely hope they just don't want people shooting in the air at clay pigeons during some other bird's breeding season

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8 minutes ago, Buddyroe360 said:

I'm going to try and give that the benefit of the doubt that it's poorly worded and no one paid attention....I definitely hope they just don't want people shooting in the air at clay pigeons during some other bird's breeding season

Another Kentucky one was that it was illegal to date your mother-in-law.

There was a bunch of Boston ones, such as you were required to have a doctor's note to take a bath.  I'm guessing drought?

Minneapolis had one where it was against the law to drive a red car within the city limits - so much for "Little Red Corvette".

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There's no laws to stop a private business from accepting cash or certain bills. I don't think the government can refuse it though.

Our pizza place doesn't take $100s because a) they don't keep the funds on hand to handle a lot of them most of the time and b) they got hit twice about two years ago when some fake money was circulating. I'm surprised it isn't more common here. Our banks close on Saturday at 1 for the weekend and there is literally no where else to get change after that (sometimes the casino will give it to you but only if they're slower than usual.) I hated, hated working on Sunday mornings at my old job because inevitably some asshole would come in and buy something under $5 to try and break their bill and if by some chance I did have the ability to take it, I'd give them back a bunch of $5s and they'd get pissed because it was inconveniencing them. BITCH YOU'RE INCONVENIENCING ME.

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