Wachovia
Rip off

Business & Finance

I made a cash deposit as I typically will do to cover checks that need to be written that day, only to find out a week later all my checks bounced because they did not post my deposit until two days later. Upon checking into this they said that cash deposits are never immediately available and if deposited after 2PM the funds would be available the following business day. This was always their policy and it is because cash still needs to be posted that evening with the banking business.

I could not believe what I was hearing — for 20 years now I have been making cash deposits and never heard that line of crap before. They were not going to refund my fees and I later found a number of these in my account. I never expect to get fees back from them as a friend of mine who use to run a Wachovia financial Center told me flat out that employees would be terminated for refunding fees more than once for a customer.

As money becomes harder to come by in this country one would think big corporations would ease off — they all seem to be taking much much much more. I am not sure where it all stops, and know of nobody who can take on banking or corps with unlimited funds. Might I suggest everyone in this country who does not own a bank should get together with one voice and say enough is enough. I think what big banks are doing is borderline criminal!


Company: Wachovia
Country: USA
State: Georgia
City: Atlanta
Site: wachovia.com
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