Wells Fargo Bank ripoff West Covina California
I deposit A check for $20,000 on friday 4-30-04 at about 5:00 p.m on Tuesday 5-04-04 the bank system shows that the check has cleared and i have a balance of $22,000. I make an on line payment for $5,000 on wednesday that clears. I also send out a payment by mail for $15,000 and my mortgage payment for $1500 that wednesday. On saturday when I go to make another deposit and a withdraw transaction the atm machine gives me a statement with an overdrawn account of -$63, at this point I can't withdraw money. I then try to use my wells fargo credit card which I also use as my overdrawn protection. My credit card is also declined because my checking account had been overdrawn therefore, my credit card had been maxed out.
I called the bank they state $20,000 check did not have suffcient funds i asked why did it show that the check had cleared on 5-04-04 they stated that the bank will sometimes give you the funds? It turns out i was stuck without money and without any income source this mothers day weekend, I also found out I have a few bounced check, late fees, and overdrawn fees do to this problem. all because there was a bank error although, the bank claims they have not done any mistake on their behalf. If anyone has any help, solution, or answer for this issue, headache, problem, please help.