Commerce Bank
Slackers Does not check funds before releasing money to new customers

I opened an account with commerce bank in hicksville ny the first week of june i deposited funds - money orders which i received from an individual i was doing a favor for. I then withdrew money from those money orders in the amount of 2400.00 only to find out 3 days later that they were counterfeit and i had to repay the money to the bank.

I feel that commerce bank is not protecting there customers, they should hold new customers checks, money orders etc until they know that these items will clear and there potential new customers will not be liable for fraudelent activity bestowed upon them. Commerce bank is to blame for releasing funds so quickly they should be liable for new customers.

I am liable now for an amount of money that should have b een monitored by commerce bank financial institution. I am now getting threatening and rude calls from commerce bank in hicksville and this is wrong of them to do to a potentially new customer who should have been protected by this financial institution.

Company: Commerce Bank
Country: USA
State: New York
City: Hicksville
Address: Rt 106/107
Phone: 5169379501

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