Bank of America
Overdraft Fees Escalated And Funds Moved Between Daughters' Accounts

Business & Finance

When my daughters were juniors in high school opened each one account with my name added on both accounts. They have kept the same accounts now for 6 years. One of my twins was charged fees for overdraft which then escalated into a total of 350.00 in fees. To add injury to insult, they transferred 150 out of my other twins account into the one that was overdrawn with that 150 still leaving a negative balance of $305 after they again added on overdraft fees. Quite a racket they have. Told them that I nor my daughter gave them permission to transfer from one twin to other twins account to which they replied since I was on both accounts they could do so without permission. Be careful this doesn't happen to you. Thereby, wasting $150 and leaving the other twin with only $25 in the bank which luckily we caught on to before she too would overdraw and start getting fees. Went straight down and closed accounts. Do not use this bank!!


Company: Bank of America
Country: USA
State: South Carolina
City: Camden
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