A bank closed and my friend did not get a chance to retrieve his safety deposit box. What happens now?


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When a bank closes (i.e. goes out of business) I know that the bank informs the holders of safety deposit boxes of their closing and that the holders need to retrieve them. However my friend was out of the country and his "house sitter" did not bother opening up the letter from the bank. Because...


Banks in Advance, NC



Answer (3):

lori

If he has proof of being out of the country, then everything should be fine. Shipped to NC huh?? probably a Bank of America/3/5ths or Wachovia bank huh? No, he will not have to fly to NC. First, try contacting the consumer relations department of the bank headquarters. Websites usually give phone numbers and e-mails that will help. Inform them of the situation and explain that he has proof he was out of the country and that his house sitter did not open his mail as that could be classified as a crime without permission to do so. The problem is... they'll probably try to say well, in his contract we specifically listed the proper directions in handling something of this matter. If nothing gets worked out, contact your local BBB and file a complaint. BBB= Better Business Bureau. You could also try the FDIC.gov

Dan W

The FDIC will be listed on firstgov.gov, look them up and ask them, get real info from ppl who know.

Droga A

By "friend" you mean yourself right? Don't be ashamed we have all be scamed one time or another.