posted on September 29, 2000 12:39:28 AM new
I received the following email this evening. Anybody else?
Dear XFinance Customer:
Thank you for using the X.com Website, which currently provides you access
to banking products from First Western National Bank (the "Bank" and
investment products offered by the X.com Funds. Since its launch, the
success of the X.com website has been tremendous, in part, due to the many
customers who use the X.com website for their banking, investment, and
electronic payment needs.
Upon review of the various programs through the X.com Website, X.com and the
providers of financial services through the X.com website are implementing
certain changes that could affect your account. For example, effective
today, the Bank is eliminating all overdraft lines of credit. Customers with
outstanding balances can continue to pay down their outstanding balance, in
accordance with the Overdraft Agreement; however, no Bank customers through
X.com will be able to borrow additional funds against their overdraft line
of credit. Please plan your check writing and debit card activity
accordingly. As a reminder, you can deposit money into your checking
account two ways: electronic funds transfer or by mailing a check.
**
As you know, X.com and PayPal merged companies a few months back. As a
result of this merger, we have realized incredible account growth as a
combined company, especially in our PayPal e-payments service. We encourage
all XFinance customers to consider opening a PayPal account (if you haven't
done so already) and take advantage of all the features PayPal has to offer.
We will be sure to keep you informed of any additional news or
announcements. To enhance your person-to-person payments, check out the
PayPal system through www.paypal.com.
posted on September 29, 2000 05:48:42 AM new
Yup! Seems a bit abrupt doesn't it! Feels like the proverbial %$#% has hit the fan at X&PP! I like them, but I just wish they would SETTLE DOWN!
posted on September 29, 2000 08:19:32 AM new
Totally rediculous, considering the "there will be a two week period before any changes are put in to effect" mantra coming from paypal. I guess x.com operates under a different set of rules...
Anyone know of a good online bank? With investment options? It's getting sort of scary at x.com.
posted on October 1, 2000 05:39:23 AM new
Abrupt? you could say that.
Yikes get the email go over and check it out my credit line is -0-
I don't really use it, but sometimes a cushion isn't so bad.
I was starting to wonder why the need for a paypal debit card when I have the x.com card.
I'm thinking there is no need to have x.com at all anymore. Maybe that's the whole idea?
and
you could say that.