Bank Of America
Four $35 NSF Charges After Paid Transactions Stayed in Pending Status

BOA charged 4 NSF charges of $35 each when my account was never overdrawn. I had four transactions pending, with more than adequate funds to pay the transactions. BOA paid the transactions, yet did not remove the charges from the 'pending' status until the next day after being paid. This made my account appear overdrawn when there was actually positive funds. This had happened before & BOA corrected the error. I am currently disputing the charges, yet BOA states that the pending charges (which were paid the day previous) caused my account to be overdrawn. I am not a 'Rocket Scientist' but I can add. It can not be legal to pay a 'pending' transaction and still leave it in the 'pending' status so they (BOA) can assess fees. BOA double charged the 4 separate transactions for two days; assessed 4 overdraft fees, and then released the 4 pending charges after deducting $140 from my account. Has this happened to anyone else? This can be a 'High yield/illegal' money-making scheme for BOA... Borders on fraud

Company: Bank Of America
Country: USA
Site: bankofamerica.com

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