Usacomplaints.com » Business & Finance » Complaint / Review: Bank of America - Deposit Holds Longer Than Stated Policy Causing Overdraft Fees. #689089

Complaint / Review
Bank of America
Deposit Holds Longer Than Stated Policy Causing Overdraft Fees

Bank of America is brutal in their hold policy on deposited checks, they also do not honor their policy either, a hold from a business check according to their propaganda is 2 to 5 days, in reality it is 7 to 15 days, then any transactions are processed as if you never had a deposit. Anything to get an overdraft fee. Another issue in checking all major banks are now providing a payday advance for customers that have direct deposit, not b of a, so therefore they loose another customer once again



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