I know that Huntington is not the only bank that has these procedures. They are all greedy corporations praying on the ones they have the least respect for... Middle and lower class Americans. I am wondering why "all banks process higest to lowest" when it comes to daily transactions? When I know I have enough in the bank to cover my transactions but I forget the ever popular "automatic payment" that is coming through, I am horrified also that they take out the biggest charge first, even when the smaller ones had hit the bank earlier and were pending for a few days.
The bank actually pays out all of the transactions anyway so I can only see this process as a way to guarantee more money for themselves. The only truly fair thing is to take each item as they arrive and send back the ones that cannot be covered. It would have still cost me less to have had the payment returned to the company and re-submitted than to pay the $32 per item for 5 NSFs (all under $12.00 apiece).
If they had just returned the item and charged the NSF on that one transaction, then my account would not have been drawn down so far and everything else would clear. They know how to take your money and they know how to make you feel like the a* because they did you a favor by paying the debt for you and putting your account in the negative. The favor would be to send it back and let me deal with the charges on both ends... That would save me money!
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