Bb&T
11-Day Hold on $17,000 Deposit Check With No Explanation

Business & Finance

I too feel that I have been ripped off by BB&T. I definitely do not feel that they are customer friendly.

BB&T put an 11-day hold on a $17,000 check I presented for deposit ($4,900 of it was put on hold for only 5 business days). I asked for an explanation and was only told that it was what the computer said to do. I have had both a personal and a business account with them for many years, but I feel that they don't care. In today's world of electronic transactions, I find it hard to believe that it takes 11 days to clear a check, even an out-of-state check. The check was from a large nationwide company.

Banks are earning an enormous amount of interest by claiming it takes 11 business days to clear a check. I believe they are ripping off their customers.


Company: Bb&T
Country: USA
State: North Carolina
City: Welcome
  <     >  

RELATED COMPLAINTS

BB&T
Mobile deposit held nearly a week, $105.00 in overdraft fees

BB&T Branch Banking And Trust
11-Day Hold on $17,000 Check Led Me to Close Account

Cammerce Bank
Virginia Shouldn't the bank do it's job?

Wells Fargo Bank
Ten-day holds on check deposits triggering overdraft protection fees

US Bank
Overdraft Fees From Three-Day Check Holds and Reordered Transactions

Wachovia Bank
Repeated Deposit Holds and NSF Fee After Transfer Not Posted

Fleet Bank
Took my money again and again - Don't follow their own policy-Ripoff ripoff thieves

Pertus Worldwide
Ripoff counterfeit checks steals your money Milan

Bank of America Corporation
Check Held Ten Days Despite Manager Unable to Release Funds

Chase Bank
Banks Hold Deposits to Meet Federal Reserve Requirements