Weaselling your way back into the bank
If you're on the ChexSystems report and have been denied a bank account, the first thing to do is figure out a quick alternative, such as a prepaid debit card, or something like the Second Chance Bank Account. Resorting to the check cashing stores will just cost you more money. But meanwhile, there are also things you can do to win your way back into the heart of your local banker.
Even if there are no banks that do not use ChexSytems in your local community, don't give up hope. You may not be able to get out of ChexSystems for five years, but there are some ChexSystems banks that do make exceptions. Mind you, there are not many. Most banks make an automatic decision to deny you an account if you show up on the list. Regardless, it won't hurt to try to make an argument to the bank manager.
First, be aware of who you need to make the argument to. Chances are, the teller or bank clerk who is refusing to open an account is not authorized to override the ChexSystems report, so don't waste your time there. Go to the bank manager and plead your case. True, the bank is under no obligation whatsoever to give you an account, and many times they won't, but sometimes they will, so give it a shot. Suppose, for example, that you've been ChexSystemed for a minor infraction. First, make sure you've made good all debts that resulted from the infraction--paid all fees, made good any bad checks, etc. Make sure you have lots of documentation, and lay out everything in writing. If you present a good case, you may just have a shot at it.
Second, although there is no such thing as ChexSystems removal--once you're on the list, you're on it for five years--but you are entitled to add a statement to your ChexSystems file. Unfortunately, when the bank runs their check on you, all that comes back is a positive or negative, your statement won't be included--but it's a small step and it won't hurt to add it to your arsenal.
A third way of getting back into the bank's good graces--even if it's a ChexSystems bank--is money. If you are a large depositor, or are in a position to deposit several thousands of dollars--chances are, the bank will override. Because after all, this isn't about preventing fraud, it's about money. Of course, this one's a long shot, and most people that are in ChexSystems won't be in a position to do this, because it's a system that primarily targets low- and moderate-income people and attempts to disenfranchise them of their right to have a bank account.
The bottom line is, you don't have to give up without a fight, there are ways to get back in, and there are alternatives if you don't.
