I sent $700 directly from my account (Bank of America) to my son's Bank of Oklahoma account (ACH). This transaction was to occur overnight. However, three days later Bank of Oklahoma states that they have still not received the funds. However, Bank of America guarantees me that the money was been sent. I know full well that the funds will turn up in 7 to 10 days giving Bank of Oklahoma the time value of my money and of many other people's money. This is not the first time that this has happened but it will be the last. My son and both daughters are closing their BOK account and moving to a reputable bank.
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