Colonial Bank
Fraudulent Overdraft Fees / Terrible Customer Service

Business & Finance

I don't suggest utilizing Colonial Bank, we've had only difficulty together as well as their banking methods are archaic and dishonest. They readily acknowledge they utilize debits before breaks each night, to ensure that even although you have a computerized deposit that they'll obviously observe (that they acknowledge to having the ability to observe incidentally), they utilize your debits first.

Obviously, this considerably advances the opportunity you will get overdraft charges. That they WOn't eliminate, regardless of the deposit that significantly more than addresses the facility. It has occurred to us on numerous occasions AND NOT occurred with Wachovia. I've since investigated the problem online plus they are among not many banks that participate in this exercise.

Their customer support is horrible aswell. I really could report a variety of types of this-but suffice it to express that there's no justification due to their unresponsiveness and unfavorable conduct when questioned about their methods.

The federal government must part of and prevent these kinds of dishonest banking methods. Meanwhile, don't make use of this lender. There are many of excellent banks available who'll never participate in such illegal business methods.


Company: Colonial Bank
Country: USA
State: Florida
City: Fort Lauderdale
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