Golden Bank, Texas Informative - Verification Process
DALLAS, TEXAS -- The bank verification system of the money order, cashier cheque and other depository paper payment is fraudulent. I was told the money order is genuine after they have it for 14 days and have the issuer's bank transfer the fund into my account, but a week later, I was told the money order is counterfeit. The issuer's bank have a charge-back in their inter-bank account, so I was blame for it and held responsible. My account was frozen and all my deposit is confiscated by the bank. They are protecting each others fraudulent practices instead of practicing honest business ethnic. From the way the business is done, whatever the bank teller told the customer is meaningless and misleading.
Every bank customer need to beware of this trap and be careful.