Bank Of America NO Consequences for Ripoff Banks despite 1000's of complaints Midland Michigan

You can also 'Google' this- YOUTUBE CONDOLEEZZA RICE LIAR, and watch that Youtube video!

Don't forget to 'Google' all the following, and watch them on the web too:

THE OBAMA DECEPTION

INSIDE THE MELTDOWN

AMERICA: FREEDOM TO FASCISM

DID SPECULATION FUEL OIL PRICE SWINGS

CHINA INVESTMENT AN OPEN BOOK

BUSH'S WAR

I'm Karl, and I watched all of them.

SPREAD IT ALL OVER THE WORLDWIDE WEB!

Thank you.

POWER TO THE PEOPLE

You can claim all the careful accounting in the world, but if the bank held a deposit for any reason, you can and will bounce an account even if the balance were positive. A deposit can be held for many reasons; what you need to do is find out why the bank held the deposit. If you immediately deposited the money and then started spending money, yes you will overdraw your account. If you deposited a large sum, they will hold your money....and so on. Don't argue that point here - that is an indisputable fact. What you need to do is find out why the bank held a deposit of yours.

Your overdraw was based on the fact that your money was not available to you; that is what your bank is basing your overdraw on. Your account balance can remain positive; if your available balance becomes negative, you will incur all of the charges you describe.

it on the web too!

POWER TO THE PEOPLE

no hold, no overdraught, no nothing

ripoff only

no hold, no overdraught, no nothing

ripoff only

no hold, no overdraught, no nothing

ripoff only

no hold, no overdraught, no nothing

ripoff only

Since you claim that this matter has been turned over to collections, I assume that this happened some time ago and you should have received your monthly account statements.

Is it possible that there was a hold placed on the deposit you made? You claim you made a deposit and then went shopping. The only thing that makes sense to me is that the deposit you made had a hold placed on it for some reason.

A hold on the deposit would very likely cause you to overdraft the account. Especially if you went shopping the same day or the next day. This would be compounded if the deposit was made on a Friday and you went shopping during the weekend because the deposit wouldn't have been available until the following week.

I suggest you visit the federal reserve website and download the "Consumer Compliance Handbook." This document will outline for you what banks can and cannot do as regards deposits and when funds MUST be made available to the account holder. www.federalreserve.gov

If you can substantiate that a hold was placed on the deposit, and the hold was IMPROPER, they MUST correct the account and reverse the fees.

Good luck.

The bank refused to address this problem. They will not return calls, nor will they respond to letters.

Hmmm...why that is? BECAUSE I AM RIGHT and they know it.

THEY CHEAT, THEY LIE, THEY EMBEZZLE and then pretend that YOU did something wrong, and because they are the the powerful BANK --- what are you going to do about it?

Even the strangers reading this are doubtful of what I am saying, because that is not the way it should be. We should be able to trust them, but, alas, they continually prove that you cannot.

While I am not offering an opinion or "taking sides" in this debate in the slightest (I have my own beef with BofA and some of their practices lately), I am curious... could this charge have been the result of some "fine print" regarding maintaining a minimum balance in your account? Possibly one that was significant enough to waive their "overdraft" flag, regardless of whether the account actually hit a negative banalce? Just a thought....

OK, one more time....

Deposited money, made purchases. Kept careful record on Excel spreadsheet. The amount deposited was MORE than the items purchased.
The total of purchases was NOT NOT NOT more than the amount in the account, BUT at the end of the month --- negative balance!

It was then that I discovered that they had inserted a bounce charge when there was more than $500 in the account!? I checked back over the previous month. Nothing had been unaccounted for. There was NO REASON for the charge.

I am not stupid. I know how to use a debit card; I know how to balance a bank account.

Yes, we would like to believe that "the bank" would not do this, they should not --- but THEY DID.

THE CHARGE IS BOGUS BOGUS BOGUS

DEEP FINANCIAL TROUBLE because Henry Paulson, the former Treasury Secretary, decided to inject BILLIONS of dollars of TAXPAYER'S money into them instead of buying up the 'Troubled Assets' which the 'TARP' money was originally intended, correct? 'TARP' stands for- 'Troubled Asset Relief Program'. It's the $700 BILLION in TAXPAYER'S money that was injected into the banks, & AIG, instead of buying up many of the houses in America that went into foreclosure, right?

Simply 'Google' this- INSIDE THE MELTDOWN, and watch it, & you'll see what really happened.

These banks are now doing all they can to generate as much profit as possible, so they're now TARGETING innocent customers like yourself, wouldn't you agree?

Make sure to 'Google' this- THE OBAMA DECEPTION, and watch it too.

Then 'Google' this- AMERICA: FREEDOM TO FASCISM, and watch that.

Good luck to you!

WELCOME TO AMERICA- IN FRAUD WE TRUST!

You said that you had $500 in the account, yet the overdraft charge caused you to go in the negative. Assuming a charge of $39.00 (that's about typical), how could you have gone in the negative???? I agree with Striderq... you just didn't write something down.

You said that you had $500 in the account, yet the overdraft charge caused you to go in the negative. Assuming a charge of $39.00 (that's about typical), how could you have gone in the negative???? I agree with Striderq... you just didn't write something down.

You said that you had $500 in the account, yet the overdraft charge caused you to go in the negative. Assuming a charge of $39.00 (that's about typical), how could you have gone in the negative???? I agree with Striderq... you just didn't write something down.

You said that you had $500 in the account, yet the overdraft charge caused you to go in the negative. Assuming a charge of $39.00 (that's about typical), how could you have gone in the negative???? I agree with Striderq... you just didn't write something down.

Since you say the back accessed a 'bounce charge' this indicated something was presented to the bank when there was not enough money to cover it and the item was returned unpaid. Since debit card purchases have to be paid the item would be a check or automatic debit. Have you called the bank and asked them what item presented that caused this fee? It could be a check or payment that was not recorded in your register or it could be an unauthorized charge. This is where I would start looking first, what caused the fee.

Since you say the back accessed a 'bounce charge' this indicated something was presented to the bank when there was not enough money to cover it and the item was returned unpaid. Since debit card purchases have to be paid the item would be a check or automatic debit. Have you called the bank and asked them what item presented that caused this fee? It could be a check or payment that was not recorded in your register or it could be an unauthorized charge. This is where I would start looking first, what caused the fee.

Since you say the back accessed a 'bounce charge' this indicated something was presented to the bank when there was not enough money to cover it and the item was returned unpaid. Since debit card purchases have to be paid the item would be a check or automatic debit. Have you called the bank and asked them what item presented that caused this fee? It could be a check or payment that was not recorded in your register or it could be an unauthorized charge. This is where I would start looking first, what caused the fee.

Uh, I do understand how it all works, duh. What, you work for the bank?

THE BANK did just what I said. They inserted a bounce charge - in the middle of the month. EVERY SINGLE ITEM was accounted for and none surpassed the amount of money that was in the account. There was only a negative balance BECAUSE of the charge they added. Ya take the amount of the deposit and deduct the amounts spent and voila! there's the status of the account. In the middle of nowhere they inserted an overdraught charge. No explanation, no detail. NOTHING. THEN REFUSED TO DISCUSS IT!

I did not make any mistake at all --- not with any transaction or anything to do with a debit card.

I mean the bank loses money even if they collect from you through a collection agency. You suffer because of your own ignorance in our lack of understanding on what happens when you use a debit card. You didn't say how the bank took money from you, but the only way you can go into overdraft and still have the account balance be positive is when the available balance goes into the negative and the most likely reason this can happen is through the use of a debit card.

It was a totally legitimate charge the bank put onto your account; if you don't get the difference between your account balance and your available balance, and you don't understand the pitfalls of using a debit card, then you should learn. If no one can explain this to you, then come back here and there will be several people here who can explain it to you - none of whom work for a bank.