ED Magedson – Founder
Wachovia Bank2806 SUNSET BLVD West Columbia, South Carolina United States of America
What sort of bank creates a situation in which you should not deposit cash you wish to spend? As far as I know just Wachovia. After 4pm, a cash deposit in an ATM (a service intended to be convenient) might as well be reflected in your account as monopoly money. Last night I deposited $50 into my account through an ATM around 6PM. I checked my balance which read $50.67. So even though that was reflected in my account, it wasnt ok to use my ATM card until the money was cleared. WTF? How the f*** is my CASH not OK to spend after I put it into the account. So now I have a $70 insufficient funds charge which is now to be followed by two other charges. What I should have done was kept my cash and not let Wachovia turn it into monopoly money. Why would a bank create a situation in which you shouldnt put your cash in an account? I am closing my account and hopefully when refinancing the mortgage will change lenders away from wells fargo
This report was posted on Ripoff Report on 12/09/2009 02:52 PM and is a permanent record located here: http://www.ripoffreport.com/reports/wachovia-bank/west-columbia-south-carolina-29169/wachovia-bank-monopoly-money-after-4pm-in-the-atm-west-columbia-south-carolina-536693. 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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