Bank Of America
Ripoff Dallas

Back in 1996 when BOA merged with Nations Bank. Nations was hit with a class action lawsuit for ripping off consumers by making sure checks for larger amounts to someone's account were deposited first instead of in random order or by whatever check came in that day. Thus making the smaller checks that would have cleared bounce and creating more revenue for them. The end result for Nations and BOA was they had to repay any consumer that was hit with an NSF free. The excuse I got was because they assumed the larger amount would be car or mortgage payments. Now, if everything is automated, how can they determine what's what without pulling the check and looking at it? Bank of America's at it again with this game they're playing with people's hard earned money. Imagine 5 check or debits go NSF at $33.00 a piece at the same time? That's $150.00, not to mention, the larger amount that's going to go NSF later because of the 5 $33.00 NSF. It's darn same that they know it's illegal but are still doing it anyway.

Company: Bank Of America
Country: USA
Site: bankofamerica.com

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