Bank Of America
Electronic System Reorders Transactions to Maximize Overdraft Profit

Bank of America has an electronic funds transfer processing system that at the end of the business day auto re-arranges transactions that were made thought out the day to maximize the potential amount of profit to be made from account over drafts. I spoke with a representative about the changes made to my account, and was told it was standard practice for the bank to do so, because it was in the customers best interest. I believe that this is an illegal act and that Bank of America should be held accountable for such practices.

Company: Bank Of America
Country: USA
State: Florida
City: Tampa
Address: 2700 W Martin Luther King Jr Blvd
Phone: 8133549224

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