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Report: #1335807

Complaint Review: Woodforest National Bank - Nationwide

  • Submitted:
  • Updated:
  • Reported By: zlloyd — Norfolk Virginia USA
  • Author Confirmed What's this?
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  • Woodforest National Bank Nationwide USA

Woodforest National Bank Cannot stop ACH payment because it keeps coming back. P.O. Box 7889 Nationwide

*UPDATE Employee: Client error

*UPDATE Employee: Woodforest Customer Service

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I have been using Woodforest as my bank now for some time with a checking account, mainly because of their convenient hours and location (right up the street at WalMart), but this past week I made a mistake, and made a one-time online payment to my power company for more than I had in the account....

So, I got in contact with both the power company (worthless), and with the bank (also worthless apparently), and was told that the charge would be cancelled as soon as it was no longer Pending on my account. Alright, so far so good, but this is not what occurred, instead as soon as it was not Pending anymore the bank Rejected the transaction, and charged me an Overdraft penalty fee of $30. The result of this was that the transaction was never actually cancelled, and instead was rejected. So, I got it worked out with the bank to refund my penalty to the account, again so far so good. However, because the transaction was never actually cancelled, the power company came back 2 days later and tried again, and again overdrew my account severely.

I am now disgusted with this so called "customer service" provided by both organizations, and am looking forward to yet another overdraft penalty. It is too early to contact either of them now, but even if I do, they both obviously have no clue!!

This report was posted on Ripoff Report on 10/31/2016 04:42 AM and is a permanent record located here: https://www.ripoffreport.com/reports/woodforest-national-bank/nationwide/woodforest-national-bank-cannot-stop-ach-payment-because-it-keeps-coming-back-po-box-7-1335807. 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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#2 UPDATE Employee

Client error

AUTHOR: Bradley B - (USA)

POSTED: Tuesday, July 11, 2017

What occured here is you made a mistake on the amount you gave the power company permission to withdraw with your account number and routing number, which generated an ACH (Automatic check withdrawal) and that check was in fact cashed at the power company's bank, so that check couldn't be stopped after it was cashed.  Your branch wasn't informative enough when saying not to worry they'll stop it.  They rejected the check cause you didn't have money to cover the check, resulting in a loss to the power company and also resulting in a returned check fee of $29 dollars, the power company redeposited the check, and can do that up to 3 times in effort to gain the funds promised with the payment.  Never give your account number or routing number unless you are certain you have the funds cause once that is submitted it can't be stopped and that is with any bank...

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#1 UPDATE Employee

Woodforest Customer Service

AUTHOR: Woodforest Customer Service - (USA)

POSTED: Monday, October 31, 2016

We'd like to gather a few details.  Please send an email with your contact information to SocialMedia@woodforest.com.

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