Wells Fargo Bank
Deposited $10,000 Check Lost Between Banks, Service Fee Charged Anyway

On May 17, having just retired and relocated to Carlsbad, I opened an account at Wells Fargo by writing them a check for $10,000 drawn on an existing bank account in Maryland. Rather than depositing the funds by cashing the check made out to them, they proceeded to send a collection inquiry process that is used for foreign banks.

It is now 9 weeks later... The $10,000 was debited to the Maryland bank account and no one in Wells Fargo can tell me where the $10,000 is. Additionally, I have been assessed a service fee of $14.00 because of an account balance less than $10,000. I have discussed this problem with no less than 5 Wells Fargo staff that can offer no assistance or knowledge to the disposition of the $10,000.

Wells Fargo is the worst bank I have ever encountered and anticipate the only remedy will be to litigate to recover what might very well be a $10,000 loss. No one at Wells Fargo expresses any degree of concern.

Company: Wells Fargo Bank
Country: USA
State: New Mexico
City: Carlsbad
Address: 115 W Fox St
Phone: 5058858869

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