Bank Of America
Transactions Posted by Amount Instead of Date Causing Overdraft Fees

Bank of America tells me that they surveyed their account holders to find out how we wanted transactions posted. Instead of using standard business practices such as: when the transaction happened, by date and time?
But I never received any survey and I don't know of any account holders who have.

They regularly charge over draft fees for small amounts when they simultaneously clear a larger item that came in afterwards. I had 5 small items listed on their website as pending (deducted from my balance) and at the bank. Same night - a check came through. Instead of clearing the items that they showed me were posted and taken from by balance - they went back, cleared the check and bounced the 5 items to their benefit! We need the Attorney General involved in this. And a class action complaint to change this policy! It's unethical!!!

Company: Bank Of America
Country: USA
State: Texas
City: Dallas
Phone: 8004321000

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