- Report: #103156
Report - Rebuttal - Arbitrate
Complaint Review: Sovereign Bank
Sovereign Bank840 Penn Avenue Wyomissing, Pennsylvania U.S.A.
SOVEREIGN BANK SWINDLES AND LIES TO ITS CUSTOMERS! Rip-off! Wyomissing Pennsylvania
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When I went to sell my Berks County Bank checks To Sovereign Bank the moron I was dealing with told me the buyback period was over. He couldn't tell me when it had ended. He didn't show me any documentary proof. He just insisted he couldn't buy my checks -- despite the fact Sovereign was still buying checks from other banks!
Sovereign Bank then stole money from me by replacing my free Berks County Bank ATM card with their own check card which I had not requested and which has a $12 annual fee.
Not wishing to be ripped off any further I closed my checking account and opened a savings account to get a free ATM card. They told me it would arrive at my house in seven to ten business day. Three weeks later when I called to find out where my card was I was told it hadn't even been ordered. I immediately closed my account and pulled all my money out of Sovereign Bank and I will encourage everybody I know to do the same due to their unethical and shoddy business practices.
This report was posted on Ripoff Report on 08/11/2004 11:30 AM and is a permanent record located here: http://www.ripoffreport.com/r/Sovereign-Bank/Wyomissing-Pennsylvania-19610/SOVEREIGN-BANK-SWINDLES-AND-LIES-TO-ITS-CUSTOMERS-Rip-off-Wyomissing-Pennsylvania-103156. 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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