Wachovia Bank
Cash Deposit Treated as Check, Funds Held Until Next Day

My husband went into the bank on a thursday morning and filled out a savings withdraw slip for $500.00, and he also filled out a checking deposit slip for $400.00. He was making a cash transfer. He went up to the teller and gave her the slips, she gave him $100.00 cash and a deposit slip for the $400.00 that he deposited into our checking account. I went online to make sure the money was deposited into our account, it wasn't there. I called the bank and talked to the branch manager. I explained what happen (which i thought was a mistake on their end and could be fixed). He told me that it went in as a check deposit. I said that it was cash and it should go in as cash. He said that it was not a cash desposit and it would be availaible for me the next day. I withdrew cash from my saving and desposited cash into my checking acct. They would not put it in as cash, they said it was not cash. I don't understand how they can do that. They sat on my deposit for and collected interest. I thought that was against the law for banks to do that. I would like to do something about this, but what can i do?

Company: Wachovia Bank
Country: USA
State: Pennsylvania
City: Drexel Hill
Address: 5000 State Road
Phone: 6102842800

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