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Report: #417025

Complaint Review: Wachovia Bank, NA - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Marietta Georgia
  • Author Confirmed What's this?
  • Why?
  • Wachovia Bank, NA wachovia.com Nationwide U.S.A.

Wachovia Bank 6 Fees for 3 Charges?!! Why is that right??!! Nationwide

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Wachovia's daily "cut-over" is at 2:00pm here in Georgia, therefore anything that happens after that time is considered to have occurred on the next business day. I am too upset to write in any great detail, but the long and short of it is that I had one item to be presented for payment and 2 pending before the 2pm deadline, was charged 4 overdraft fees of $35 each. This happened on a Friday, so I waited until the next business day (Monday) to call, with the expectation that I would be able to have the additional fee removed once everything had been posted and/or cleared; only to learn that I had received an additional 2 overdraft fees of $35 each. When I called to say that I received 6 fees for 3 charges, I was advised that this was correct, because of blah, blah, blah....

No one can make me understand how 3 transactions legitimately deserve 6 fees! This is not the first time and I am of limited means. I believe these banks make most of their money off of poor people and that all their practices are predatory in nature.

Mary
Marietta, Georgia
U.S.A.

This report was posted on Ripoff Report on 01/27/2009 06:53 PM and is a permanent record located here: https://www.ripoffreport.com/reports/wachovia-bank-na/nationwide/wachovia-bank-6-fees-for-3-charges-why-is-that-right-nationwide-417025. 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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