Does Bank of America freeze accounts because of chexsystems

If JP Morgan Chase Bank considers receiving bad checks as Account Abuse, it should be disclosed to its customers and the public. JP Morgan Chase Bank's customers should be told that in case that they receive bad checks, their accounts may be closed by JP Morgan Chase Bank without any notice. Reports will be filed with the ChexSystems as Account Abuse, and Account Abuse will be shown on the ChexSystems for five years. Its customers may not be able to open accounts somewhere else with the Account Abuse recoreded in the ChexSystems.

Detail information: jeong-vs-jpmorganchase.com

It started with depositing a check getting a receipt, which included the initial deposit and funds availability. I would deposit a check and I was told that the funds were immediately available. I would do the grocery shopping and pay bills the same day thinking I was covered. The change in policy came in with regards to how their computer sorted everything out. The new Bank of America policy was to put through all the charges first and then the deposit if they fell within the same day.
This change in policy caused several NSF’s and then they took the fees from the money that had been deposited, which left us overdrawn on any other transactions that occurred after this initial action. We called and disputed the charges and tried to go as high up as possible regarding the matter. There was a $400 dollar deficit all due to over draft charges. We disputed this and at the same time stopped depositing money into that account as it left us behind in paying the actual bill each month. My husband was trying to resolve the issue and was awaiting yet another phone call regarding this matter when I learned that Bank of America had reported us to Chexsystems as "Abuse of Account." Now what?

Does anyone know what Chase banks policy is regarding a negative chexsystems report?

Yes, bank of america WILL close your account..they are doing this to me because of my ex husband and his banking issues... go to Wells Fargo...at least they will keep your account open and work with you if you have issues.

Early Warning Services is a limited liability company owned by Bank of America, BB&T Corporation, JPMorgan Chase, Wachovia, and Wells Fargo.

Most use chexsystems and EWS. While there are some that may make exceptions with chexsystems, generally if you are reported to EWS, they will not. Many times Chase will make exceptions wtih chexsystems but is more likely to close an account due to EWS or credit reports that show problems.