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

Business & Finance

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


Company: Bank of America
Country: USA
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