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Posted: Mon Dec 03, 2007 1:48 pm Subject: Bank Account Opened. HELP

HELP!!! My bank opened my checking account back up. Two months after I had a hold on it and they say that unless there is fraud they wont put a hold on it. What do I do??

Posted: Mon Dec 03, 2007 1:51 pm Subject:

Why was there a hold on it?Why wasn't it closed?

Posted: Mon Dec 03, 2007 1:56 pm Subject:

The account was negative and the bank manger said that he couldnt close it completely until it was at a zero balance but he put everything on hold. It was messed up from the start but the withdrawals had stopped coming out and the bank wasnt charging any fees.

Posted: Mon Dec 03, 2007 1:57 pm Subject:

So now they reopened it and are charging fees. Cant you tell them that these are unauthorized debits. That sounds like fraud to me.

Posted: Mon Dec 03, 2007 2:06 pm Subject:

I tried to tell them that, the funny thing is that they reopened it with a fee charged by them. And now today there are all the payday loan people trying to get money. I told them that I was in dispute with these companies but she didnt seem to care. I am going to go argue with the bank some more later. This isnt fair.

Posted: Mon Dec 03, 2007 2:08 pm Subject:

You should have just told your bank that these were unauthorized fraudulant charges. can they put a hard block on your acccount. Nothing in , nothing out. Where is your paycheck going?

Posted: Mon Dec 03, 2007 2:12 pm Subject:

Im having it deposited into a friends account so that the pdl cant get it. I am gonna go to the bank again at lunch and see if I can get some help. These payday loans are crazy. I wish that they would all be outlawed.

Posted: Mon Dec 03, 2007 3:30 pm Subject:

File a complaint with your state's banking department and explain to them your situation. I bet that will get someone's attention.

ladybug

Posted: Mon Dec 03, 2007 5:00 pm Subject:

If it is fraud did you file a police report? I would also read over your banking agreement. I know my bank will only close an account if there is a zero balance in it.

Posted: Tue Dec 04, 2007 6:18 am Subject:

Most banks have policies and procedures for closing accounts. Most times if an account is negative the bank will not close it per customers request. Many of them will wait 90 days before charging off the account and closing it. Unfortunately if a debit or check comes through they will either
1. return the check saying NSF
2.pay the debit if it was authorized prior or is an ACH

If it is a pdl check I would guess that they will NOT pay it and it will be returned NSF

When you say it was on hold, do you mean that you put a stop payment on this check?

Posted: Tue Dec 04, 2007 6:24 am Subject:

Oh one other thing I forgot , MANY banks will re-open an account after it is closed even if it was positive IF a debit transaction or ACH comes through. This is very common. Many banks have practices that are considered by MOST UNFAIR

chexsystemsvictims.com and read Chexsystems and Minorities to see what I mean by unfairness. Can I ask what bank this is?

Guest · Posted: Tue Dec 04, 2007 8:02 am Subject:

bank of america is the bank. I went to the bank yesterday and the manager there put the account in "closing status" for me and I hope it will stay that way. I have to hurry and come up with the money to make it a zero balance so it can close completely. Thank you all for your advice, it is comforting to come to this site and know that all of you understand.

Posted: Tue Dec 04, 2007 9:44 am Subject:

BOA is a really hard bank to deal with when it comes to these issues. You are treated like a number not a person. That is the mentality of " bigger banks "

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