Wachovia
Another Overdraft Ripoff charge

Business & Finance

A merchant errornously processed a transaction againset my account 3 times. Upon notifying the bank (who did nothing) and the merchant who took it upon themselves to create a 3-way call between the bank, myself and the merchants customer service person, we resolved the issue up to the point of reversing 2 of the charges. However the triple transaction caused an overdraft which the bank claimed was not their problem but would be kind enough to credit back 25% of the charge.

Now any bank who has such a weak computer system that cannot spot a potential problem transaction should be sold to someone who can. When the same transaction comes through 3 times from the same merchant number on the same date for the same amount certainly lends itself to fraud and based on the intellagance of the people I spoke to in Customer Service they would never figure it out.


Company: Wachovia
Country: USA
State: Florida
City: Boca Raton
Site: wachovia.com
  <     >  

RELATED COMPLAINTS

Innovative Merchant Solutions
The company misrepresents themselves as our bank or Merchant Account Service to get our business

Merchant Solutions
Ripp-off, deceptive business practices, anti-trust violations, credit card fraud against merchants calabasas

Wachovia Bank
Ripoff Overdraft practices are better described as Fraud

Banks
Banks legalize shoplifting and profit from it!

Wachovia
Overdraft fees

TD Bank
Bank charging outrageous fees

Wachovia Bank
Overcharged

Wachovia Bank
Make the first $100.00 on atm deposits available, then charge fee when used. Raleigh

Discount Cigarettes Cheap.com
Consumer Report

Wachovia Bank
Overdraft fees scam