Usacomplaints.com » Business & Finance » Complaint / Review: Bank Of America - BofA - The banks policy is if checks come in on the weekend they pay the largest one first on the following Monday. So if your first debit is on Sat morning. That way they can charge each transaction OD f over drafts are paid by the largest amount first. #498194

Complaint / Review
Bank Of America - BofA
The banks policy is if checks come in on the weekend they pay the largest one first on the following Monday. So if your first debit is on Sat morning. That way they can charge each transaction OD f over drafts are paid by the largest amount first

Bank of America pays out your debit transactions by the largest amount first. That way they can add up more over draft fees... For example. If you had 5 transaction over the weekend. Then another transaction come in on Monday for a larger amount. BOA will pay for the largest transaction first even though it came in last... So that BOA gets more OD fees for the smaller amounts. That is their POLICY... And it is unfair and they are committing fraud by manipulating the account transaction by a simple policy.


Offender: Bank Of America - BofA

Country: USA   State: Indiana   City: Anderson
Address: 1323 w. 8th street
Phone: 7656830091

Category: Business & Finance

0 comments

Information
Only registered users can leave comments.
Please Register on our website, it will take a few seconds.




Quick Registration via social networks:
Login with FacebookLogin with Google