They took an additional overdraft fee of $35.00 out of our account with no reason whatsoever. The charge that came through the account days ago had already been taken from our available funds.
We had problems with Bank of America, so we changed banks, but what we found was the same old song and dance. We had a debit transaction put into our "pending" category last Monday, and it has been sitting in there since.
They claim that how long it takes for the funds to come out depends on the size of the business. The problem I see with this is that when the charges are put in this category, they remove the funds from the available balance when the funds have yet to leave the account. If I were to walk into the bank and try to withdraw funds, they would only allow me to pull from that available balance.
To me that sounds like they have taken the funds from me when in fact they have not. They run their business on technicalities, and it got much worse when the government stepped in to help them. They (like Bank of America and others) are so large that they can do what they like and nobody will notice. Well, people are starting to notice, and one day there will not be anybody left who will put their money in their bank. They take food off the table of hard-working Americans.
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