My wife has had her WF brokerage accounts for a few years now, but never a checking or any credit cards. When WF shut me down last year, I opened her a bank account in her name so I could deposit MO’s into their ATM’s. I had been going strong for 6-9 months now, but they just sent a letter saying “WF performs ongoing reviews of accounts… we’re closing your account on this day.” At least they gave me nearly 2 months to unwind things with the checking account, not that I ever did anything with it.
Anyway, I read somewhere to be petty, I plan on ACH’ing all but $1 (?) left on the account to force them to send me a check months later. Then I won’t cash the check and then wait for them to escheat it to the state.
What kind of MO volume were you doing? I’ve been doing $3k/month which I hope is low enough to keep me off their radar.
Eh…def a lot more than that