Usacomplaints.com » Business & Finance » Complaint / Review: M&T Bank - Changes the way they clear funds to their advantage. #351717

Complaint / Review
M&T Bank
Changes the way they clear funds to their advantage

My Gf overdrafted on my account by 2 dollars on a pay at the pump gas transaction. Needless to say M&T rerouted all the transactions so that ones that were to be paid not paid and paid the Gas transaction so rather than getting 1 overdraft fee for 37.00 I got 3,

If your transactions are already paid how can they flip them around to their financial advantage? I of course asked and they said OH well you see we pay funds on a first come first serve basis. It takes 3 days for a pay at the pump transaction to go through they just hold a dollar to make sure your account is legit. (I called the company in which she did this transaction) However M&T insists that transactions that were 2 days older where not paid before the gas transaction.

In lamen terms they said thanks for the screw up we got 111.00 dollars out of you


Offender: M&T Bank

Country: USA   State: Pennsylvania   City: Pottsville
Address: Market St

Category: Business & Finance

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google