CPM Forum

General => General Forum Comments => Topic started by: Philippe_B on July 15, 2006, 04:21:17 pm

Title: $1 000 000.00 Deposit
Post by: Philippe_B on July 15, 2006, 04:21:17 pm

On Thursday night a customer came to the bank where I deal and made a deposit of $1 000 000.00 in the ATM.

When the teller oppened the envelope on Friday morning there was a US $1000000 note with the satue of Liberty on it.  ;D

I think the bank should contact the client and suggest him to invest this money in a better investment than a chequing account.

Boy some people can be stupid  ;D

Title: Re: $1 000 000.00 Deposit
Post by: venga50 on July 15, 2006, 04:51:52 pm

Really stupid...he lost about $125,000.00 with the going exchange rate (unless he deposited the million to his US dollar chequing account, of course)  ::)

Any idea when this story will hit the newspapers?

Title: Re: $1 000 000.00 Deposit
Post by: JB-2007 on July 15, 2006, 05:05:41 pm

Does this 1,000,000 note really exist in the USA or is this a joke.

Title: Re: $1 000 000.00 Deposit
Post by: BWJM on July 15, 2006, 05:15:20 pm

The note is a novelty note. The United States has never issued a $1,000,000 note.

Title: Re: $1 000 000.00 Deposit
Post by: only4teeth on July 15, 2006, 06:31:05 pm

What was his cash advance limit??

Title: Re: $1 000 000.00 Deposit
Post by: kid_kc79 on July 15, 2006, 08:28:40 pm

Hey rachelsprivates, that was a billion dollar note that he stoll. Castro has it now

Title: Re: $1 000 000.00 Deposit
Post by: Philippe_B on July 16, 2006, 12:30:54 pm

Yes Venga you are right the customer lost $125 000 in exchange rate. The cash advance limit of this customer must now be around 1$  ;D

I think the highest denomination issued by the US is the $10 000.00 note issued in 1934 ( except the 1 trillion dollar bill owed by Fidel).

I also heard that the BOC wants those novelty notes to become illegal because some people will believe anything.

Title: Re: $1 000 000.00 Deposit
Post by: BWJM on July 16, 2006, 04:02:20 pm

Quote

I think the highest denomination issued by the US is the $10 000.00 note issued in 1934.

Correction, the United States did issue a $100,000 Gold Certificate in 1934. It is exceedingly rare, and as far as I can tell, none are believed to be in private hands. The Bureau of Engraving & Printing occasionally exhibits its specimen sheet of these notes. They are the US equivalent to the bank legals that appear in the Charlton guide just ahead of the BoC stuff.