BOA turned a check that I wrote to a contractor into a cashiers check. At the time the contractor took the check to BOA the account was shy of the funds by over $400. Can you believe that they gave him a cashiers check even though there wasn't enough money in the account. I called to close the account and they said no until the account has a zero balance. So then they started going back and bouncing other checks that they already cashed. They said they were pulling money in to cover the $400.00
When I asked them why they would cash a check when the account was short they said they use a matrix. The longer the customer has an account the more money they will advance. I have never heard of this. They are bouncing checks all over the place pulling money in to pay the fees they are charging me. With fees and the amount I was short the account is now in the red over $1,000. This is there fault all the way. I still don't know why they would cash that check.
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