Complaint Review: Bank Of America - BofA - anderson Indiana
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- Author Confirmed
- Bank Of America - BofA 1323 w. 8th street anderson, Indiana United States of America
- Phone: 7656830091
- Web:
- Category: Banks
Bank Of America - BofA the banks policy is if checks come in on the weekend they pay the largest one first on the following Monday .. so if your first debit is on Sat morning.that way they can charge each transaction OD f over drafts are paid by the largest amount first ... anderson, Indiana
* : I WONDER WHY THE 'MAINSTREAM MEDIA', LIKE- ABC, CBS, NBC, & FOX HAVEN'T DONE A STORY ON THE 'SECRET LIFE INSURANCE POLICIES' THAT...
* : AFTER THE 'DEATH SWEEPS' ARE PERFORMED EACH MONTH, DO YOU THINK THAT BANK OF AMERICA....
* : Not fraud
Show customers why they should trust your business over your competitors...
Bank of America pays out your debit transactions by the largest amount first .. that way they can add up more over draft fees... for example.. if you had 5 transaction over the weekend.. then another transaction come in on Monday for a larger amount.. BOA will pay for the largest transaction first even though it came in last... so that BOA gets more OD fees for the smaller amounts.. That is their POLICY... and it is unfair and they are committing fraud by manipulating the account transaction by a simple policy.
This report was posted on Ripoff Report on 08/18/2009 08:24 AM and is a permanent record located here: https://www.ripoffreport.com/reports/bank-of-america-bofa/anderson-indiana-46016/bank-of-america-bofa-the-banks-policy-is-if-checks-come-in-on-the-weekend-they-pay-the-481627. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#3
I WONDER WHY THE 'MAINSTREAM MEDIA', LIKE- ABC, CBS, NBC, & FOX HAVEN'T DONE A STORY ON THE 'SECRET LIFE INSURANCE POLICIES' THAT...
AUTHOR: Karl - (U.S.A.)
SUBMITTED: Tuesday, August 18, 2009
Bank of America, Wells Fargo, Citigroup, JP Morgan Chase, Wachovia, Washington Mutual, Bear Stearns, & others were allegedly taking out on their CURRENT & former employees (without their knowledge or consent), and then collecting the benefits when these people DIED?
#2
AFTER THE 'DEATH SWEEPS' ARE PERFORMED EACH MONTH, DO YOU THINK THAT BANK OF AMERICA....
AUTHOR: Karl - (U.S.A.)
SUBMITTED: Tuesday, August 18, 2009
posts the LARGEST 'death benefit check' first, or do you think that they simply post all of these DEATH BENEFIT checks simultaneously?
#1
Not fraud
AUTHOR: Ashley - (U.S.A.)
SUBMITTED: Tuesday, August 18, 2009
This is standard procedure at all banks. They all process debits before credits, and they do them from highest to lowest.
If you would read the contract/agreement that you signed when you got the bank account it discloses this information to you. Unfair? maybe. Legal? Completely. If you had enough money in the account to cover all the transactions, it wouldn't matter what order they processed them in.
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