Consumer complaint received 2022-02-14 00:00:00
Product: Checking or savings account — Checking account
Issue: Managing an account — Banking errors
Company: CITIZENS FINANCIAL GROUP, INC.
State: PA

Complaint narrative:
I will be processing Private checks from this day forward marked SPECIAL PROCESSING- CLOSED CHECKS/ELECTRONIC FUNDS TRANSFERS ( EFT ) to identify them as Private NEGOTIABLE DEBT INSTRUMENTS, hereinafter called NDIs and also classified as Non-Cash Accrual Exchange Item per other terms used in the banking industry. 


Special NOTE of Banking Compliance : My SPECIAL PROCESSING CLOSED CHECKS are NOT to be drawn against the Public side of my Individual Checking Bank Account, for to do so could result in a rejection depending on the funds on deposit in the public side of the account and this would be an act of Libel against me ( which would cause to defame and injure my reputation ) and it would also be a Trespass against me. The same is true, if my Private Closed Checks as NDIs are dishonored by your refusing to process them through the EFT System. 
The Following is My Understanding of how the Banking System as it applies to the processing of Private Exchanges : 1. ) NDIs are to be processed through the Banking Systems to settlement by way of the Banks or Intermediary Treasury Tax and Loan accounts, hereinafter, XXXX XXXX XXXX account, which are administered under the Technical Support Division ( TSD ) of the IRS through Chief of Special Procedure Handling within Federal Reserves System and the Treasury as the Holders of Individual In-Trusted Private Access Accounts. The NDIs that are processed through the XXXX & XXXX account are to be administered by the IRS, thereby insuring all of the required IRS taxing and tracking forms are filed by the processing Securities Intermediaries, the Bank in most cases. 

2. ) The Bank is under contract to process and settle all SPECIAL PROCESSING CLOSED CHECKS as an Individual Bank Account Holders Private request within 3 days, with the NDIs being charged against the Banks HOLDING ACCOUNT ( as an Asset Credit to be remitted to the requester/endorser of the instrument ). On the other side of the Banks HOLDING ACCOUNT ledger a Secret Lien is written against the individual Bank Account Holders Private Assets held in the In-Trusted Deposit Private Access Account at the Treasury. But within 15 days the Funds ( Asset Credit ) from the Treasury has to flow through the XXXX XXXX XXXX back to the Banks HOLDING ACCOUNT to Set-Off the Secret Lien. The Bank Fee for the performance of this transaction has been covered by the interest acquired from the bonds that were written by the Bank against the Secret Lien for the 15 day holding period.

3. ) Private Exchanges are Barter Exchange Transaction which requires an IRS form 1099-B to also be filed by the Bank to cover the conversion of the Private Exchange and that there are No Taxes Due by Individual Account Holder as it is a Private Exchange Transaction. No new Public Debt has been or is to be created by this process. 

4. ) An Individual Account Holder can transfer funds/credit from his Individual In-Trusted Asset Account held on deposit by the Federal Reserve System and the Treasury and then have those Private Funds/Credits deposited into the public side of his Individual Bank account. The Bank is required to keep the Public and Private Funds/Credits separated within the account so they are not co-mingled for compliance with the IRS taxing requirements. Thereby the Bank can only place Secret Liens against the Public Funds/Credits within an account and not against the Private Funds/Credits, even though they may be just book entries of credit. 

5. ) The BANKS ; can not lawfully discriminate and deny the processing service to an American Individuals valid NDIs from an Individual Creator/Holder of a Chartered Bank Account ; on the basis that they are not interested, not setup for it, unfamiliar with the processing of NDIs, or that all NDIs or that all NDIs have to look the same ; for it is the Individual who has that right of determination as to what is to be called a Public/Private NDI, for he is the creator of both instruments. The BANK is licensed by charter and bonded to perform the actions as directed by the Individual Bank Account Holder to process for servicing both Public and Private Commercial transactions. This is also covered under the UCC as the Universal Laws of commercial commerce and the time honored Laws. It is also in compliance with the following Public Laws ; Securities Act of 1933, Securities Exchange Act of 1934 ; Banking Acts of 1933, 1934, and 1935 ; Trust Indenture Act of 1939, the Bankruptcy Act of 1898 and several others, plus all of their revised amendments. 

More detailed instructions may need to be forwarded to the Banks Branch Account Managers, so as to prevent any delays in my future Closed Check Exchange Processes. 

It is my understanding that you are also required under the Clean Hands Doctrine and the Banks Charter to process all instruments properly presented for Exchange, Payment and Settlement through the required banking system in this country. But if the above is not also your understanding, then please contact me so we can resolve the misunderstandings. If there are still any unresolved misunderstandings at the time, I will gladly contact the required Regulatory Compliance Departments to obtain their Opinions and Rulings. 

It is the right of every American Individual to have access to a Lawful credit/money ( Exchange ) system and per the banking charters ; the Banks are required to support this when it is demanded by an American Individual Bank Account Creator/Holder . 


Refusal is Discharge Can not refuse a valid instrument or make a determination it is not valid UCC 3-603 The mere tender of an instrument for payment IS discharge UCC 3-603 HJR-192 superseded Public Law ( that which passes as law today is only XXXX of law ), replacing it with public policy. This eliminated our ability to PAY our debts, allowing only for their DISCHARGE. When we use any commercial paper ( checks, drafts, warrants, federal reserve notes, etc. ), and accept it as money, we simply pass the unpaid debt attached to the paper on to others, by way of our purchases and transactions. This unpaid debt, under public policy, now carries a public liability for its collection. In other words, all debt is now public. 

Criminal Penalties for Violation of Executive Order {$10.00}, 000 fine or 10 years imprisonment, or both, as provided in Section 9 of the order.

Section 9 of the order reads as follows : Whosoever willfully violates any provisions of this Executive Order or of these regulations or of any rule, regulation or license issued thereunder may be fined not more than {$10000.00}, or if a natural person, may be imprisoned for not more than 10 years, or both ; and any officer, director or agency of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both. 

LAW ESTABLISHING THIS TYPE OF INSTRUMENT : A tender of the proper amount due, even if rejected, extinguishes the XXXX and precludes foreclosure* - See, e.g XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX

Company response to consumer: Closed with explanation