28-08-2005 10:06									#1
	How I got screwed. Without even taking my pants off! Support Apolyton, buy Call to Power 2

Bank of America. The worlds 3rd largest bank. I had been a loyal customer for many years. When I came out from under my rock and back into civilization I realized a bank account was on the to-do list.

So I have had my account since may. I get paid at work and make a deposit. Fine, Im thinking. I go to pay my bills normally and go out have some fun. Big mistake. I went to check my online balance...

-657.49.


WHAT THE ****.

It appears they put a hold on my massive 750$ check


Now I have managed to rack up 198$ in Overdraft fees

WHAT THE ****.

I call there ****in home base in Bum ****in BANGLEDESH. And calmy explain I was never ****in told they put a 7 day hold on my check. Im told its my problem. Not theres and am told to shut up and bite the bullet cause i cant be trusted with money....thats why the hold was in place

WELL SCREW THEM


Im contemplating ****ing them and just going to a different bank. This is ridiculous. They put a hold on MY check and not tell me. Then they ****in have every little god dam transaction I made in the last 6 ****in weeks clear my account when I have no money.




FG

	28-08-2005 10:13									#2
	Avatar Enlargement: We've got the solution

I don't know about you, but I always check my bank account to see if a cheque is cleared before I do anything with that money.

It may not be a good idea for you to get an account with overdrawing capability. If you didn't you would have found out you didn't have any money in it much earlier.

	28-08-2005 10:15									#3
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I have NEVER had my checks. I would think they would of told me if they did.

	28-08-2005 10:55									#4
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Your check as in a deposit?

My old bank, Bank of Hawaii, would do something similar to me. I'd deposit a check, credit me 200 bucks, then they'd withdraw the 200 credit, take out 20 bucks for the credit as well....and my check wouldn't even be cashed in...hence, an overdraft fee.

I moved to a credit union.

	28-08-2005 10:58									#5
	Got spare money?

Faded Glory - was it an automatic deposit? There are regulations concerning that, and also the clearing of paper checks. I cannot remember specifics, but Google them. I do not believe that a seven day hold is legit for those specific funds. Find the regs, ask to speak to a supervisor, and if they will not deal with, sweetly inform them that you will discuss it with your state or federal bank regulators - states typically do a better job of protecting your rights, but the banks are trying to get all jurisdicition switched to the feds. Maybe some other posters will have the info on that.

	28-08-2005 11:02									#6
	Inflate your Upload Space

Listen to shawn . Speak to a supervisor and threaten to go to the regulators. Something REALLY sounds fishy with that hold. It takes less than 7 days for a check to clear.

	28-08-2005 14:26									#7
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Cheques? You neolithics ...

	28-08-2005 14:29									#8
	Support Apolyton buy from Amazon

What's wrong with cheques? It's just another way to transfer money.

	28-08-2005 14:29									#9
	Support Apolyton, buy Civilization III: Complete

It's antiquated and cumbersome.

	28-08-2005 14:31									#10
	Inflate your Upload Space

It leaves a paper tail.

	28-08-2005 14:35									#11
	Got spare money?

Banks are stupid, throw nickles at them!

	28-08-2005 15:42									#12
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I left BofA 20+ years ago

All I hear from co workers are horror stories

Wells Fargo is the place to go

	28-08-2005 17:59									#13
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What are these checks?

	28-08-2005 18:00									#14
	Inflate your Upload Space

Why don't you have direct deposit... The majority of banks give you instant access to money from direct deposits

	28-08-2005 18:34									#15
	Support Apolyton buy from Amazon

banks are evil

they **** you

my bank did **** like this to me

they owe me over $140

I've been trying to get it back for 9 months

I go in every two weeks and they say some bullshit about the corporate office having to approve the reversal of charges.

I'm going to throw a brick through their window soon I think.

**** banks

they're evil

they steal your money

	28-08-2005 19:52									#16
	Support Apolyton, buy GURPS/ Alpha Centauri

Perhaps they put a hold on it because they thought you were dead.

	28-08-2005 20:07									#17
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Don't call, go to the branch in-person and talk to someone. My roommate was at BoA for a year, and they were screwing up all the time, but every time he went in and talked in person to someone, and they fixed it. They also eliminated any overdraft fees they had given him.

	28-08-2005 20:41									#18
	Help yourself to an AD-FREE life

Thank you. I am now armed with some information. I appreciate it.

	29-08-2005 03:54									#19
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quote: Originally posted by Guynemer Perhaps they put a hold on it because they thought you were dead.

Can you blame them...?

	29-08-2005 06:36									#20
	Re: How I got screwed. Without even taking my pants off! Support Apolyton, buy Galactic Civilizations: Deluxe Edition

quote: Originally posted by faded glory Im told its my problem. Not theres and am told to shut up and bite the bullet cause i cant be trusted with money....thats why the hold was in place

I don't think anyone's commented on this tidbit yet. During your alleged 2-year addiction, did you ever f*ck up your finances? (I've never known a true addict who didn't.) Bounce some checks, maybe, or screw around with your credit cards? Could be you've earned this.

	29-08-2005 06:44									#21
	Support Apolyton, buy GURPS/ Alpha Centauri

Wow, competition bringing servives to the customer

	29-08-2005 07:00									#22
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quote: Originally posted by faded glory Thank you. I am now armed with some information. I appreciate it.

For your own sake, control your temper. They'd sooner call security than give in to a beligerent customer.

	29-08-2005 09:14									#23
	Got spare money?

quote: Originally posted by Oncle Boris Wow, competition bringing servives to the customer

Indeed... 10 years ago, how many banks offered no minimum balance for a checking account? I have thought about what Rufus said, and I think that may be a reason for things, but it could also be they screwed up.

	29-08-2005 17:25									#24
	Enter the AD-FREE zone

Well I used to work in a building society and I can tell you that if the system in the US is similar to here, your credit rating will be buggered. You're better off sticking with your current bank and paying off your debts, and then switching your account if possible, requesting a small overdraft. If you pay back that overdraft quickly, you'll recover your credit record.

This assumes the system is similar in the US to the UK

	29-08-2005 19:05									#25
	Support Apolyton, buy Galactic Civilizations: Deluxe Edition

"Building Society?" - not a term I am familiar with in the USA.

However, in the US the law REQUIRES that they clear checks, period, in a certain number of days. Period. Nothing about credit, or any other such crap. If there is some other kind of problem, they can garnishee your wage - after a proper legal judgement has been made and entered. They cannot slow down how fast they clear your cheques due to your credit rating, or not that I have ever heard, seen, or read. With the electronic clearing of cheques, they have the money, and the only reason for holding a cheque is suspected fraud or criminal activity, or giving it time to clear which these days is very fast in the USA.

	29-08-2005 21:10									#26
	Support Apolyton, buy Call to Power 2

I thought you were dead

Meh.

	29-08-2005 21:26									#27
	Increase the size of your Attachments

Just wait until they want a repayment of your life insurance

	29-08-2005 22:26									#28
	Browse Apolyton AD-FREE

FG, here's what you do. Go in to the bank and speak with a representitive personally (the people with desks, not the people behind the counter). They have been pretty good with my in the past when reversing NSFs that were caused by weird circumstances. In fact, I have to go do this beause a check to me NSF'd on the same day two items to my account came in, costing me $68.

	29-08-2005 23:11									#29
	Support Apolyton, buy Galactic Civilizations

quote: "Building Society?" - not a term I am familiar with in the USA.

Like a bank but no shareholders...evolved from cooperative savings groups and can perform most of the functions of a bank, with the exception of large corporate accounts.

	29-08-2005 23:52									#30
	Got spare money?

I used to have an issue with my travel expenses. By the time I submitted them and got a cheque back from my employer enough days had passed that a lengthy hold(from my POV ) might mean that I couldn't use the funds within the interest-free grace period on my credit card. Once I even went into my overdraft (no added charges but they did chage me a few cents interest)

I called and was given the standard view about policy so I went to see a personal services rep. I brought my statement of investments and I simply told them "fix this ".

I believe they realized it was idiotic to have a hold on a 2 K cheque when my home equity and investments are way way way more than that ( perhaps because those were my words to them) .