We're a small company supplying payroll providers to other smaller businesses. We exposed a Paycheck Tax Escrow Consideration in the bank when it had been nevertheless Mercantiles Eastern Shore Bank. While PNC Bank purchased Mercantile, we "WRONGFULLY" thought our account wouldn't alter... in the end, it's an ESCROW account. OPM: Other Peoples Cash. We-don't make use of the consideration significantly, and simply recognized they (PNC) have now been getting us $3.00 monthly service costs. The consideration today has half the quantity of profit it than when PNC first got over. Used to donot believe charge on escrow accounts were permitted. Particularly Payroll Tax Escrow Balances! No body actually informed us to inform us that it had been likely to change. Can somebody tell me easily possess a knee to remain on with one of these individuals?
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