- Report: #1039967
Report - Rebuttal - Arbitrate
Complaint Review: Bank Of America Merchant Services
Bank Of America Merchant Services16 Schoenherr Sterling hts, Michigan United States of America
Bank Of America Merchant Services BAMS The rep for Bank Of America signed me up for the business credit card swipe told FREE not true they charge for everything then some more. Sterling hts , Michigan
*General Comment: Merchant will hold you for 48 months
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Date Type Description Total
02/02/13 SC VISA MID-QUAL SALES TRANS FEE 1 TRANSACTIONS AT .150000 -0.15
02/02/13 SC VISA NON-QUAL SALES TRANS FEE 1 TRANSACTIONS AT .150000 -0.15
02/02/13 SC DISCOVER NONQUAL SALE TRANS 1 TRANSACTIONS AT .150000 -0.15
02/02/13 SC VISA SALES DISCOUNT .025500 DISC RATE TIMES $56.76 -1.45
02/02/13 SC MASTERCARD MID-QUAL SALES DISC .027500 DISC RATE TIMES $160.00 -4.40
02/02/13 SC VISA MID-QUAL SALES DISCOUNT .027500 DISC RATE TIMES $160.00 -4.40
02/02/13 SC MC LICENSE VOLUME FEE .000050 DISC RATE TIMES $257.94 -0.01
02/02/13 SC VISA NON-QUAL SALES DISCOUNT .035000 DISC RATE TIMES $323.98 -11.34
02/02/13 SC MASTERCARD DEBIT SALES DISC .025500 DISC RATE TIMES $97.94 -2.50
02/02/13 SC DISCOVER NONQUAL SALES DISC .035000 DISC RATE TIMES $180.46 -6.32
02/02/13 FEE BATCH SETTLEMENT FEE 5 TRANSACTIONS AT .200000 -1.00
PENDING FINANCIAL CHARGES AND FEES Financial charges and fees incurred but not funded during the statement period.
See future statements for processing information.
Transaction Date Net Amount
Type Posted Description Posted
FEE 02/28/13 BATCH SETTLEMENT FEE 4 TRANSACTIONS AT .200000 -0.80
TOTAL FEES -0.80
INTERCHANGE 02/15/13 ASSESSMENT FEE ADJUSTMENT VISA NETWORK FEE CNP 2-03 -5.00
INTERCHANGE 02/15/13 ASSESSMENT FEE ADJUSTMENT VISA NETWORK FEE CP 1B-01 -2.00
INTERCHANGE 02/28/13 VISA ACCESS FEE 1 TRANSACTIONS AT .026900 -0.03
INTERCHANGE 02/28/13 MASTERCARD ACCESS FEE 1 TRANSACTIONS AT .026900 -0.03
INTERCHANGE 02/28/13 AX ALL OTHER -4.95
TOTAL INTERCHANGE -12.01
SERVICE 02/28/13 VISA CREDITS TRANS FEE 1 TRANSACTIONS AT .150000 -0.15
SERVICE 02/28/13 MC SALES DEBIT TRANS FEE 1 TRANSACTIONS AT .150000 -0.15
SERVICE 02/28/13 VISA NON-QUAL SALES TRANS FEE 1 TRANSACTIONS AT .150000 -0.15
SERVICE 02/28/13 MC LICENSE VOLUME FEE .000050 DISC RATE TIMES $149.41 -0.01
SERVICE 02/28/13 VISA NON-QUAL SALES DISCOUNT .035000 DISC RATE TIMES $395.95 -13.86
SERVICE 02/28/13 MASTERCARD DEBIT SALES DISC .025500 DISC RATE TIMES $149.41 -3.81
TOTAL SERVICE -18.1
This report was posted on Ripoff Report on 04/02/2013 09:32 AM and is a permanent record located here: http://www.ripoffreport.com/r/Bank-Of-America-Merchant-Services/Sterling-hts-Michigan-/Bank-Of-America-Merchant-Services-BAMS-The-rep-for-Bank-Of-America-signed-me-up-for-the-bu-1039967. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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