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Reviewed by Robert Clark

Oct 28th 2009

 

(1 out of 5 stars)

There is no common sense at Bank Of America

Just got off the phone with a rep over at BOA. Several years ago I set up a repeating savings transfer from checking to savings for $100.00 This past checking cycle my bank made the transfer when I didn't have the funds available (their words) I saw the transaction with my own eyes the day of the transfer, I physically saw the plus balance remaining in the checking account and the plus balance in the savings account. I transferred the savings back to the checking to cover bills. leaving a 0 dollar balance in my savings account and increasing my checking account by the 100.00, yesterday I checked my accounts to find that they had created a negative balance in my checking for the 100.00. If it is the banks job to deal in matters regarding money, how is it possible to transfer money you don't have to another account. Sounds to me like the bank has a loophole which they see fit to add additional charges for.
I doubt that Mr. Walter E.Massey or Mr.Kenneth D.Lewis would approve of such coy fee tactics. They are the heads of state over at BOA
Then again you never know, either way, they just lost another customer for ever.
I wonder how many they will lose before they take notice?

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