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Report: #373689

Complaint Review: M&T Bank - Pottsville Pennsylvania

  • Submitted:
  • Updated:
  • Reported By: Mahanoy City Pennsylvania
  • Author Confirmed What's this?
  • Why?
  • M&T Bank Market St Pottsville, Pennsylvania U.S.A.

M&T Bank Changes the way they clear funds to their advantage Pottsville Pennsylvania

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My Gf overdrafted on my account by 2 dollars on a pay at the pump gas transaction. Needless to say M&T rerouted all the transactions so that ones that were to be paid not paid and paid the Gas transaction so rather than getting 1 overdraft fee for 37.00 I got 3,

If your transactions are already paid how can they flip them around to their financial advantage? I of course asked and they said OH well you see we pay funds on a first come first serve basis. It takes 3 days for a pay at the pump transaction to go through they just hold a dollar to make sure your account is legit. (I called the company in which she did this transaction) However M&T insists that transactions that were 2 days older where not paid before the gas transaction.

In lamen terms they said thanks for the screw up we got 111.00 dollars out of you

Ace2008
Mahanoy City, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 09/17/2008 06:22 AM and is a permanent record located here: https://www.ripoffreport.com/reports/mt-bank/pottsville-pennsylvania-17901/mt-bank-changes-the-way-they-clear-funds-to-their-advantage-pottsville-pennsylvania-373689. 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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