UPS loses $846,000; offers $32 refund - Blu-ray Forum

dragon53 · 12-15-2017, 04:45 AM

Link: https://www.yahoo.com/news/ups-loses...215134926.html

sk33tr · 12-15-2017, 01:19 PM

yep, ups will NOT refund lost currency. they will only refund the cost of the shipping.

they place no value on currency, only on items. and to that, they place no value on things like tickets to games or concerts. again, they would only refund the shipping costs.

i worked at a the ups store for a while and got a behind-the-scenes look at some of their practices; especially after speaking to corporate a couple times a month and talking to our driver(s) on a daily basis about different things. it's really eye-opening the things you find out about companies when you get to see inside.

Al_The_Strange · 12-15-2017, 01:37 PM

Sounds to me like the bank should be able to honor the payment regardless. Nobody's cashed the draft. Sounds like paperwork is all that's holding up (or preventing?) payment.

BizCat · 12-15-2017, 01:46 PM

Yeah, that's not on UPS. The bank can cancel and reissue the draft.

Ray Jackson · 12-16-2017, 07:57 PM

There's no insurance option available for currency?

Then who the hell would agree to let their life savings be put in the mail?

...they can't wire the money to a bank account?

Hitman Horton · 01-08-2018, 01:37 PM

For anybody interested it seems the bank didn't like the bad publicity they were getting and have taken care of this issue.

MifuneFan · 01-08-2018, 01:46 PM

I'm not sure why the title is framed like this. It's no like it's on UPS to refund that amount. TD should getting all the blame. Seemed like a dumb idea to begin with, but then again they are from Cornwall, Ontario, not the brightest people there.

12-15-2017, 04:45 AM	#1
dragon53 Special Member Member since:Feb 2010	UPS loses $846,000; offers $32 refund Link: https://www.yahoo.com/news/ups-loses...215134926.html

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12-15-2017, 01:19 PM	#2
sk33tr Blu-ray Champion Top contributor Member since:Jun 2011 Location:Alabama Home Theater Gallery:21 Blu-ray collection:234 DVD collection:9 MA collection:109 Digital collection:3 Trading Score:8	yep, ups will NOT refund lost currency. they will only refund the cost of the shipping. they place no value on currency, only on items. and to that, they place no value on things like tickets to games or concerts. again, they would only refund the shipping costs. i worked at a the ups store for a while and got a behind-the-scenes look at some of their practices; especially after speaking to corporate a couple times a month and talking to our driver(s) on a daily basis about different things. it's really eye-opening the things you find out about companies when you get to see inside.

12-15-2017, 01:37 PM	#3
Al_The_Strange Blu-ray Prince Top contributor Member since:Apr 2009 Location:Out there...past them trees... Home Theater Gallery:126 4K collection:629 Blu-ray collection:4202 DVD collection:777 Digital collection:506 Blu-ray reviews: 132 Trading Score:32	Sounds to me like the bank should be able to honor the payment regardless. Nobody's cashed the draft. Sounds like paperwork is all that's holding up (or preventing?) payment.

12-15-2017, 01:46 PM	#4
BizCat Blu-ray Duke Member since:Mar 2016 Location:oHIo 4K collection:626 Blu-ray collection:2647 DVD collection:86 Trading Score:159	Yeah, that's not on UPS. The bank can cancel and reissue the draft.

12-16-2017, 07:57 PM	#5
Ray Jackson Blu-ray Duke Member since:Apr 2013 Location:The dark underbelly of Anytown, USA 4K collection:103 Blu-ray collection:456 DVD collection:9 Digital collection:74 Trading Score:172	There's no insurance option available for currency? Then who the hell would agree to let their life savings be put in the mail? ...they can't wire the money to a bank account?

01-08-2018, 01:37 PM	#6
Hitman Horton Blu-ray Samurai Member since:Sep 2011 Location:London, Ontario, Canada Blu-ray collection:21 DVD collection:7	For anybody interested it seems the bank didn't like the bad publicity they were getting and have taken care of this issue.

01-08-2018, 01:46 PM	#7
MifuneFan Blu-ray King Top contributor Member since:Mar 2012 Location:New York City 4K collection:12 Blu-ray collection:948 Trading Score:69	I'm not sure why the title is framed like this. It's no like it's on UPS to refund that amount. TD should getting all the blame. Seemed like a dumb idea to begin with, but then again they are from Cornwall, Ontario, not the brightest people there.

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