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Report: #1485986

Complaint Review: Circle Bank - Boston Massachuetts

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  • Reported By: Matt — United States
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  • Circle Bank Boston, Massachuetts United States

Circle Bank Circle Won't allow me to withdraw my money & charging huge undisclosed fees, taking all my money away Boston Massachuetts

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I've been trying to withdraw my money from Circle for about a month.  Their policy forces me to wire money to them from my other bank before they allow me to withdraw money from Circle to that bank (already strange).  I went ahead and did this despite the $30 USD fee.  After a week of Circle claiming they didn’t receive the wire I contacted my other bank which confirmed Circle accepted the wire 7 days earlier and provided all the details.  I provided this to Circle, then they responded saying that they canceled the wire and therefore charged me a $50 wire cancellation fee!!!  And now they say they will not release my money to me unless I send another wire (which will result in $30-$80 in additional fees).  And they also stated that, if my bank (Wells Fargo) wires in a certain format, they just won’t be able to receive the wire or release my funds. 

This report was posted on Ripoff Report on 10/05/2019 10:21 AM and is a permanent record located here: https://www.ripoffreport.com/report/circle-bank/boston-ma-wont-allow-withdraw-1485986. 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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