We all know how horrible Bank of America treats their long time customers. They wonder why people are leaving their bank. Customers deposit money and Bank of America uses our money or as they call it puts a 11 day hold on it with out any notice. I don't understand why they would do this when BOA can find out if the money is available within 24 hrs. There are so any banks out there that don't do anything like this, why would anyone want to bank with BOA.
Also, Small business's have to wait 3 months to get paid on a job and when they finally get paid for the work they did 3 or 4 months ago, BOA holds their money for another 11 business days. Thats like 2 weeks?
I deposited cash into my account (actual cash, dollar bills) and BOA held my cash for 2 business days. For why... So they can use my cash? $200 for what?
And also, now this ticks me right the F*#K off, I heard that Bank of America is in line to receive the next Bank Bail out check from the feds. So now our tax money is going to go to a bank that ripped so many people off that they lost all of their customers and now are going bankrupt. What is this world coming to???
AHHHHH! I think that they did it on purpose, its a win/win situation for BOA. Use customer money for 11 busn days before posting it to their account, charge ridiculous fees for things that no other bank would charge for, lose all small business customers, and then get a huge check from the federal government. Why would they do it. Lets get our money out quick and vote not to bail them out. Use the money to help new business grow. Honest business that arn't there just there to rip the american people off.
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