Usacomplaints.com » Business & Finance » Complaint / Review: M & T Bank - NSF charges wheven when deposit was made same day to cover debits, charges debits over credit first thereby charging NSF fees. #538167

Complaint / Review
M & T Bank
NSF charges wheven when deposit was made same day to cover debits, charges debits over credit first thereby charging NSF fees

I knew that certain debits would submitted so I made some deposits on the same day around noon. After deposit was made the receipt showed a positive amount, the next day 3 NSF fees were on my account. I have been leveled by this big corporate pig & really wanted to see what will happen if the deposit was made in the same day, well i got my answer. I have talked with numerous people & they all are getting out of M & T. I went to the bank today because really there was nothing they could tell me that I figured out anyway. I was told that debits are over credits first. I was told the system is set up this way & of course no human intervention was responsible & I should make sure the funds are available (NO KIDDING). I gave him a departing blasting. What does this have to do with accounting? M & T als ohas delays in their account & you better believe if they hold a credit the debit & the NSF appear. They are ripping folks off & they better get out while they can, I am sure many people like myself have been robbed all year by M &T with their high NSF fees. They have reps working who can resolve such matters, I understand if a debit hits one day & the money hits the next day but give me a break, if we don't bank with them then what. I urge everybody get out while you have breath. As the numerous M & T commercials say here in Baltimore, the Ravens player Todd Heap has it, well he can keep it because he's going down hill also. I will be contacting creditors & arranging new due dates to coincide with my paydays, my spouse was laid off since March 09, she is now in training Thank God. Once I have set new pay arrangments I am out of that M & T dog house very soon. I encourage folks to try the credit unions.

, I understand that but the same day things even out & NSF should not be charged. Of course they said the system is set up this way (NO KIDDING)


Offender: M & T Bank

Country: USA   State: Maryland   City: Owings Mills
Address: 9840 Reisterstown Road
Phone: 4103631617

Category: Business & Finance

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