Bank Of America
Almost cost me my house, unexplained holds on MM account ripoff

We exposed a MM bank account t/BoA last September in a regional department. We were creating a home and saved the arises from purchase of prior home in MM Consideration. Transferred and extra BANK look for 25k thirty days just before shut on home. Bank check cleared within 3 days.

The day prior to the near, we went in to the department to obtain a lender look for 140k to get a deposit on home shutting 24 hours later. This could have remaining 10k within the consideration. The check was released and we quit.

Later that morning, I examined the consideration on line to determine when they had obtained it out and that I noticed a facility of -15k. I had been livid. I called BoA department and talked w/supervisor. She stated the financial institution that released the financial institution check (thirty days earlier) delivered it outstanding. I named the issueing bank plus they stated it removed on the finish and was compensated. I called BoA, in a today, because of the home close about the following evening and also the 140k sign in hand.

BoA said they'd recognize the 140k since it was within the consideration whenever we had the check slice that A.M. And "examine" the on line store. No-call back. Shutting experienced next day and also the cash was changed within the consideration 24 hours later. No costs were released, no description provided (despite many more telephone calls). We are changing banks ASAP. Just how can they simply place a hang on a deposit from thirty days earlier? They nearly cost us the home.

Company: Bank Of America
Country: USA
State: Florida
City: Bradenton
Address: Nationwide

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