December 15, 20178 yr UPS loses inheritance of nearly $1M -- then offers $32 refund | Fox News Read a couple of articles about this and some of the commentary about it. Taylor said UPS sent an apology letter to her family and offered to refund the $32 shipping fee -- but the unlucky woman believes that's not enough. “That’s nice of them to say, but it doesn’t solve my problems,” Herbert said. “If the bank really wants indemnity, then UPS should sign it,” Taylor said. Why should UPS be liable for it? Did anyone TELL (declare) UPS that it was a bank draft for $800K+? No... If they had, UPS would not have taken the shipment. UPS does not accept for transportation, and Shippers are prohibited from shipping: – Articles of unusual value, which shall be deemed to include, but are not limited to: • Any Package with an actual value of more than $50,000, except that the actual value of Packages declared in accordance with the Enhanced Maximum Declared Value provisions of Section 55.1 (“Maximum Declared Values”) cannot exceed $70,000; • Coins, cash, currency, bonds, postage, stamps, money orders, and negotiable instruments (such as drafts, bills of exchange, or promissory notes, but excluding checks); This article is a little different than when I read it last night as it now says that the bank has taken care of it. As they said they would and should have months ago.... It's that time of year when there will be sooo many complaints about UPS & FedEx screwing up, losing packages, delivering late, posting video's of @Lawnboy13 throwing stuff over fences... Give them a break and don't wait until the 22nd to order that oh so important Christmas gift...
December 15, 20178 yr Um this is Canadian UPS, the still cant decided if its bacon or ham so..........................
December 15, 20178 yr Sounds like it's all been settled. He hasn't gotten the money? Edit... This article is updated from the one I saw yesterday. :thumb:
December 15, 20178 yr Maybe do a wire transfer or something electronic next time. Essentially making a cashiers check for $1M is ridiculous.
December 15, 20178 yr A little off topic, but how sick would you be if you found out your $1 million inheritance was lost in the mail.
December 15, 20178 yr A little off topic, but how sick would you be if you found out your $1 million inheritance was lost in the mail. Ticked off because someone sent it that way.
December 15, 20178 yr Um this is Canadian UPS, the still cant decided if its bacon or ham so.......................... :lol2:
December 15, 20178 yr For $800,000, I would have traveled the 270 miles (540 round trip)to pick it up personally. :banana:
December 16, 20178 yr You guys have no clue if you think there aren’t checks of this nature being shipped every day all over the place. UPS, FedEx, different couriers. I’ll bet you the wealth management folks I do IT for get 15-20 letter sized packages a day. Checks in many of them.
December 16, 20178 yr You guys have no clue if you think there aren’t checks of this nature being shipped every day all over the place. UPS, FedEx, different couriers. I’ll bet you the wealth management folks I do IT for get 15-20 letter sized packages a day. Checks in many of them. I can tell you we send 100’s of checks through UPS a day. But they are normal checks and they can be stopped and replaced easily, which we have to do often. UPS just leaves them in doorstep whether is $1,000 or a $1m dollars. Never require a signature.
December 16, 20178 yr Author I can tell you we send 100’s of checks through UPS a day. But they are normal checks and they can be stopped and replaced easily, which we have to do often. UPS just leaves them in doorstep whether is $1,000 or a $1m dollars. Never require a signature. We send 2000-5000 checks a day. Sometimes more. Sometimes more. The UPS terms of service specifically state that checks are excluded from the prohibited items list. But people do still send prohibited items all the time. Or my favorites are when they send something like a laptop but don't declare a value because they don't want to pay the extra for insurance. It gets lost or damaged and they scream about only getting $100.
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