Bank Of America Unjust overdraft fees Albany New York

Your online balance is not evidence of anything and would not be effective in anything actionable against any bank. The online system is merely a tool for you to use to balance your ledger. If you depend on it for the balance in your account - forget it. Your balance is in your ledger. Just keep these facts in mind - all of which are part of your account agreement.

1. Never race deposits to the bank to beat money spent on your ATM card. The bank receives transactions at the speed of light - unless you run faster than the speed of light - you will lose.

2. Deposits will always post after all debits/charges to your account. In other words, don't immediately spend money you just deposited. It's not available and you won't have access to the funds.

3. Never believe for one second the bank has to act in your best interest; they will act in accordance with the account agreement, which is written to protect them. Since all banks do this (not just this one), this is a universal theorem that must be followed.

Banks generally win class action lawsuits, so I wouldn't be too distraught about not being a part of the one you didn't qualify for. The only one the banks lost recently had to do with disclosure of policy - it took quite a few years for the case to go to trial and each class member received the equivalent of one overdraft fee ($35) as part of the settlement.

A CRASH is soon coming I fear.' 5-23-2008


To read that quote from 5-23-2008, which is the '4th Quattrain' of 'FIX AMERICA POEM', simply 'Google' this- RIP OFF REPORT TOYOTA MOTOR CORPORATION USA MANIPULATION, and go to the Updates section and you can read the rest of that poem.

POWER TO THE PEOPLE

P.S. Guess what? The 'CRASH' came, didn't it?

WELCOME TO AMERICA- IN FRAUD WE TRUST!

You will never pay NSF fees if you do not spend more than you have. It won't matter how the bank arranges debits, as long as the funds are there to cover all the transactions before the transactions are made. It won't matter how soon or long it takes a business to post electronic payments if you have a positive balance.

The bank gave you a booklet when you opened the account that explains how it posts transactions and what will happen if you overdraw your account. Nearly every bank operates the same way.

**I do not work for or have an account with Bank of America. I also do not pay NSF fees because I do not overdraw my account. I've educated myself on how my bank posts transactions and I keep a detailed ledger for every transaction at the time I make the transaction.