ED Magedson – Founder
First Union - Wachovia BankInternet United States of America
This bank's practices are horrendous. The bank has several flaws which create significant hardhips for the consumers; and to top it off, it is rare to find customerservice representatives willing to assist with problems. Some of the problems are inaccurate account information, allowing accounts to be debited several times and then charging the consumer the fees, even after the problem has been discovered, failing to refund the consumer all the fees, debiting overdraft fees before taking the money from the overdraft protection to create higher fees for the consumer. Attaching overdraft fees to accounts even if money put into the account prior to the update, simply because a check or company dates check or draft for a different dat.
Lastly, they allow all teyps of fraudlent activity to occur on the consumer's accounts without questioning the activity; they then refuse to refund all the fees associated with the transaction.
This report was posted on Ripoff Report on 12/19/2009 02:08 PM and is a permanent record located here: http://www.ripoffreport.com/reports/first-union-wachovia-bank/internet/first-union-wachovia-bank-anyone-can-access-and-take-your-money-you-responsible-for-fe-542336. 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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