Sovereign Bank
On 1/05/09 Loss Prevention with Sov Bank chose to close checking acct because of paypal fraud. Would not release CD of 30k without penalties

Good day

I was customer of Sovereign bank. On 1/05/09. The Loss Prevention Dept within Sovereign Bank had chosen to close my account because of high potential for fraud. The last attempt was by paypal. They would not release 30K CD without penalty of $500 and some odd dollars. On 1/12/09. I received letter from Sovereign Bank stating they were sorry to see me go. And to please come back and open an account at anytime. I am also on FMLA. I spoke with Sr VP Banking Officer concerning this and she would not release funds without penalty. Can they do this. Sovereign Bank was theone who told me in other words they did not want my business yet they told me they did not want me as a customer.??? And closed account on 1/05/09 then they sent me letter dated on 1/12/09. Please Help. I feel like victim

Company: Sovereign Bank
Country: USA
State: New Hampshire
City: Manchester
Address: Wall Street
Phone: 6035670927

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