US Bank/Business checking account
US bank has damaged my business and credit

I popped a banking account around lender in August.in January I realized that there's been unauthorized fees on my company bank account. Named the Scam Deartment for all of us lender, submitted a cliamed, they prepared and accepted the state. They acknowledged the cash to my consideration and soon after, with no notice or caution, they ceased all of the activies for that consideration and required the cash inside and place me unfavorable $2200, subsequently shut the consideration and documented me to Chexsystems. Their clarification was that under part ELIZABETH, the financial institution isn't responsible for almost any unauthorized costs for business consideration.

I love to understand when the lender isn't accountable under part E for unauthorized fees on company balances, then:

A: Why they got my state to start with, if under part ELIZABETH the financial institution isn't accountable once the scam occurs on the company consideration?

W Why they approach the state and guaranteed provisional credit if under secion ELIZABETH the financial institution isn't accountable if fraud occurs on the company consideration?

D: Why they transferred the cash into my account as provisional credit if under secion ELIZABETH the financial institution isn't accountable if fraud occurs on the company consideration?

N: Why they froze my consideration with no notice or caution in my experience after which required the cash that was inside it and created me unfavorable $2200?

N: And why they documented me to Chexsystem once they are totally conscious of their very own incorrect contacted to my scenario?

DoN't do any banking around bank. I ought to have study on the providers before starting a merchant account together. I'm expecting that clients with comparable problem to make contact with me since if we've enough people, we are able to get appropriate action.

Company: US Bank/Business checking account
Country: USA
State: California
City: Campbell

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