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Topic: $1 000 000.00 Deposit  (Read 6007 times)
Philippe_B
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« 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
« Last Edit: July 16, 2006, 12:34:53 pm by philippe_b »

Philippe
venga50
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« Reply #1 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?


JB-2007
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« Reply #2 on: July 15, 2006, 05:05:41 pm »

Does this 1,000,000 note really exist in the USA or is this a joke.
BWJM
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« Reply #3 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.

BWJM, F.O.N.A.
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only4teeth
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« Reply #4 on: July 15, 2006, 06:31:05 pm »

What was his cash advance limit??
kid_kc79
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« Reply #5 on: July 15, 2006, 08:28:40 pm »

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

KC's Canadian Currency
Philippe_B
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« Reply #6 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.

Philippe
BWJM
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« Reply #7 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.

BWJM, F.O.N.A.
Life Member of CPMS, RCNA, ONA, ANA, IBNS, WCS.
President, IBNS Ontario Chapter.
Treasurer, Waterloo Coin Society.
Show Chair, Cambridge Coin Show.
Fellow of the Ontario Numismatic Association.
 

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