VISA Dominicana is stealing your money ! - Santo Domingo

VISA Dominicana is stealing your money !

If you own a Visa Debit Card have you ever received following Statement;
"Fondo Reservado" ???

Visa is regularly refusing your online payments to company's abroad ?
Visa does not proceed the payment but immediately withdraws this amount from your Bank Account ?
Visa keeps your money for 1 week (Fondo reservado) before returning it to your Bank account ?
Please let us know !

Visa Dominicana is doing this on a regular basis, "borrowing" millions of $ daily from their Clients.
Visa claims they refuse your Payments because of suspicion of fraud !
Fraud from Amazon, Google, Paypal etc. ...yeah right ???

If they do not want to process the payment, what are they doing with your money for one week ?

Edited on 1/14/2009 10:58 AM by leonardo.

#10 - Posted 13 March 2009, 9:14 AM
time2rize Location: Dominican Republic Join date: December 2007 Member #: 31 Posts: 898	RE: VISA Dominicana is stealing your money ! Quote: leonardo previously said: If you own a Visa Debit Card have you ever received following Statement; "Fondo Reservado" ??? Visa is regularly refusing your online payments to company's abroad ? Visa does not proceed the payment but immediately withdraws this amount from your Bank Account ? Visa keeps your money for 1 week (Fondo reservado) before returning it to your Bank account ? Please let us know ! Visa Dominicana is doing this on a regular basis, "borrowing" millions of $ daily from their Clients. Visa claims they refuse your Payments because of suspicion of fraud ! Fraud from Amazon, Google, Paypal etc. ...yeah right ??? If they do not want to process the payment, what are they doing with your money for one week ? The same shit was happening with my Visa Checkcard of BHD, while trying to make a skype payment,and when i confronted BHD reps, they say, that the bank is waiting for skype to respond??? whatever the f@$ that means, but when i make a payment with BOA checkcard it works instantly in Realtime a pay skype, from now on out i only use a Bankofamerica checkcard.
	Post IP: 200.88.145.19*

#1 - Posted 14 January 2009, 10:57 AM
leonardo Location: Dominican Republic Join date: April 2008 Member #: 688 Posts: 42	VISA Dominicana is stealing your money ! If you own a Visa Debit Card have you ever received following Statement; "Fondo Reservado" ??? Visa is regularly refusing your online payments to company's abroad ? Visa does not proceed the payment but immediately withdraws this amount from your Bank Account ? Visa keeps your money for 1 week (Fondo reservado) before returning it to your Bank account ? Please let us know ! Visa Dominicana is doing this on a regular basis, "borrowing" millions of $ daily from their Clients. Visa claims they refuse your Payments because of suspicion of fraud ! Fraud from Amazon, Google, Paypal etc. ...yeah right ??? If they do not want to process the payment, what are they doing with your money for one week ? Edited on 1/14/2009 10:58 AM by leonardo.
	Post IP: 190.166.29.17*

#2 - Posted 14 January 2009, 11:12 AM
DaniDr Location: Dominican Republic, Santo Domingo Join date: December 2007 Member #: 1 Posts: 450	RE: VISA Dominicana is stealing your money ! I believe this is a standard practice for all the credit/debit card processors, and even for banking accounts. It's a normal practice even outside the USA. For example, if you rent a car, they will put a hold on your credit card for as much as twice the value of your rental, it's a kind of 'insurance' for the car rental. By the way, a hold on a certain amount in your card is not really a withdrawal, it's just money that's been locked out. For my experience, I try not to use the debit card, specially since if someone clones it they'll steal YOUR REAL money. DaniDR Living in the Paradise
	Post IP: 190.166.102.17*

#3 - Posted 14 January 2009, 11:29 AM
leonardo Location: Dominican Republic Join date: April 2008 Member #: 688 Posts: 42	RE: VISA Dominicana is stealing your money ! The Situation with renting a car is completely different, The money they withhold is a deposit, in case you make an accident or any other damage to the car. Refusing a payment with your credit card is fine, but refuse it and don't keep the money for one week. And by the way; they are not really withholding your money, they taking it away from your account and return it a week later. Let's do this 1000 times a day with a few hundred $ each, do you have any idea how much interest they make with this monthly ?
	Post IP: 190.166.29.17*

#4 - Posted 14 January 2009, 6:31 PM
Glimmertwin Location: United States Join date: January 2009 Member #: 1932 Posts: 883	RE: VISA Dominicana is stealing your money ! I know what boh of you mean, but reserving funds for seven days is highway robbery! Moreso, if you use a debit card, because eventhought the funds are not 'deducted' from your true balance, your available balance is reduced... i.e. you may incur in a returned item if the item does not unclear from their reservation..... Tlak to your bank i and if they dont compromise Change banks and use credit cards instaead ! Light, Sammy
	Post IP: 208.49.157.25*

#5 - Posted 15 January 2009, 2:51 PM
Patricia Location: Dominican Republic Join date: April 2008 Member #: 660 Posts: 45	RE: VISA Dominicana is stealing your money ! Visa is doing this all the Time ! They are really stealing our money. It happened to me various times with my Card from Banco BHD. I am neither using Visa or BHD anymore ! Edited on 1/15/2009 2:54 PM by Patricia.
	Post IP: 190.80.228.20*

#6 - Posted 15 January 2009, 2:55 PM
Glimmertwin Location: United States Join date: January 2009 Member #: 1932 Posts: 883	RE: VISA Dominicana is stealing your money ! Quote: Patricia previously said: Visa is doing this all the Time ! They are really stealing our money. It happened to me various times with my Card from Banco BHD. I am neither using Visa or BHD anymore ! BIEN HECHO PATTY !!!
	Post IP: 208.49.157.25*

#7 - Posted 30 January 2009, 1:14 PM
marco24 Location: Dominican Republic Join date: January 2009 Member #: 2051 Posts: 1	RE: VISA Dominicana is stealing your money ! that just happens to me 2 days ago...I was so scared before I find this forum...you get your money back, right?...in BHD page says that the payment was in february 2nd, but today is january 30th...I want my money back
	Post IP: 66.98.18.7*

#8 - Posted 13 March 2009, 8:04 AM
Rafix24 Location: Poland Join date: March 2009 Member #: 2298 Posts: 2	RE: VISA Dominicana is stealing your money ! Hi I heve a problem, i coming to dominica to work, the guy whith find job for me wont money for my visa 4 years, somphink like 600$ is this tru?, and if this posible to check, how looks oryginal visa documents?? Edited on 3/13/2009 8:05 AM by Rafix24.
	Post IP: 83.19.197.9*

#9 - Posted 13 March 2009, 8:48 AM
Gringo_1 Location: Dominican Republic, Maimon (Bonao) Join date: November 2008 Member #: 1654 Posts: 401	RE: VISA Dominicana is stealing your money ! I don't think it is true. Most people come on a tourist visa and get a work visa once here. Applying for a work visa takes over 6 months to get. I doubt paying a guy $600 will get you a visa. But, that is just my opinion.
	Post IP: 201.229.188.16*

November 21, 2009, Updated 7:05 AM
Search

Login \| Not a member? Create your account \| Lost your password?
User		Password

Advertisement
Sponsored Links