Complaint / Review
Bank Of America
Overdraft Notices Despite Positive Balance Before Automatic Deposit

We opened an account with Bank of America thinking it would be nice to deal with a bank that is known over most of the United States.

We have since found out that they were in a settlement in which they have ripped customers off by stating that the checks came in the night before your deposit, but at the closing of the previous day I ran a checking about balance sheet stating I had. 67 in account. I knew that my check would go in the next day as an automatic deposit. When I checked my account that morning there were 8 overdraft notices to our account. I do not know what checks they were it will take a week for the bank to notify me by mail what was returned. They didn't even pay the checks. I do not feel like they should be able to subtract checks from the account when we cannot deposit until the next day.