I was a loyal Bank of America customer. I had been with them for more than 7 years. I made a deposit and was given a deposit slip and was sent on my way.
I look at my bank account everyday on line. I checked it the next day to make sure that the deposit was credited to my account (which I always do) and noticed about mid-week that checks and debits that I had made were being returned but the money was still in my account. On top of that I was getting NSF charges.
I quickly called BOA and was told that the deposit I made was put on hold. I have NEVER in the 7 years that I had been with them, EVER had a check held. I was told that it was being held for 3 days. Aren't the tellers required to tell you if they are going to place a check on hold?
The result of that was TEN NSF charges totaling $340.00. I called BOA and was told they would not reverse them. I asked why the check was held? It was from a hospital and down by the signature line it read " for verification call 1-800-000-0000."
There was absolutely no reason for them to hold the check.
I quickly left BOA. Since I have left I have been told by friends and acquaintences that similar things have happened to them by BOA. Someone needs to stop this practice of stealing money from their clients. I wish I could find others that have been screwed over by BOA and band together and sue them! Thank you.
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