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  #1  
Old 11-21-2008, 09:29 AM
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Administrative Hold

Can anyone explain what is meant by

"getting your bank to place an administrative hold on your funds/assets/account"

How is this achieved, and how does this look like (verbiage)?

Thanks
Arthur
  #2  
Old 11-21-2008, 10:13 AM
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Quote:
Originally Posted by amigo View Post
Can anyone explain what is meant by

"getting your bank to place an administrative hold on your funds/assets/account"

How is this achieved, and how does this look like (verbiage)?

Thanks
Arthur
I have nevber hear of a letter of that nature. You will need to tell us a lot more about what is going on.

Banks are very hesitant to provide any letter other than generic letters already approved by their legal department.
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  #3  
Old 11-22-2008, 05:53 AM
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Quote:
Originally Posted by Wirelessany1 View Post
I have nevber hear of a letter of that nature. You will need to tell us a lot more about what is going on.

Banks are very hesitant to provide any letter other than generic letters already approved by their legal department.
Have received investment proposal where my funds are not move but to be placed on a "administrative hold" by my depository bank....just cannot figure out what this entails nor how it is processed.
  #4  
Old 11-22-2008, 11:50 AM
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Quote:
Originally Posted by amigo View Post
Have received investment proposal where my funds are not move but to be placed on a "administrative hold" by my depository bank....just cannot figure out what this entails nor how it is processed.
Are you going to be depositing a rather sizeable amount of money?
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  #5  
Old 11-22-2008, 01:09 PM
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When you called your bank and asked, what were you told?
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  #6  
Old 11-23-2008, 02:41 PM
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Quote:
Originally Posted by Wirelessany1 View Post
Are you going to be depositing a rather sizeable amount of money?
Sizeable..YES., and already in deposit.
  #7  
Old 01-09-2009, 01:33 AM
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Re; Administrative Hold on accounts

Be wary of anyone offering bogus private placements or Sovereign programs requiring an administrative hold on your account, this can be manipulated and the account holder will have their funds drawn against to cover debts that they may not know they are guarantor of. The programs do not exist and are only a ploy to gather private information for identity fraud and in many cases they obtain credit without the owners consent and use it themselves and will never pay you.
  #8  
Old 01-09-2009, 07:52 AM
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Are you in the US? What state?
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Originally Posted by dolly09 View Post
Apparently others (those who have obviously received no further education than a diploma or more likely a G.E.D) quitting a sorority does not implicate you have quit college. ....I am receiving my masters in Communication in two weeks.

Private message from dolly a few days later: "when did communications have anything to do with grammar and puncutation."
  #9  
Old 01-09-2009, 11:31 AM
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Quote:
Originally Posted by Henry Holden View Post
Be wary of anyone offering bogus private placements or Sovereign programs requiring an administrative hold on your account, this can be manipulated and the account holder will have their funds drawn against to cover debts that they may not know they are guarantor of. The programs do not exist and are only a ploy to gather private information for identity fraud and in many cases they obtain credit without the owners consent and use it themselves and will never pay you.
Country...I think this is a bona fide hijack
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  #10  
Old 01-09-2009, 11:46 AM
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Quote:
Originally Posted by Wirelessany1 View Post
Country...I think this is a bona fide hijack
Guess who wasn't paying attention???? ME! (I hate it when I do that!)

Thanks, Wireless.
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Quote:
Originally Posted by dolly09 View Post
Apparently others (those who have obviously received no further education than a diploma or more likely a G.E.D) quitting a sorority does not implicate you have quit college. ....I am receiving my masters in Communication in two weeks.

Private message from dolly a few days later: "when did communications have anything to do with grammar and puncutation."
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