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Debt Consolidation Forums Banking and Chexsystems forums

can they do that

Date: Mon, 03/28/2011 06:14
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i was banking with this bank they bought another bank according to the first bank we owe the bank that was brought the first bank went into our account without our consent and took out money




Were these for overdrafts? A service fee? Please give more information.

Typically when one bank buys another bank (a merger), the bank that remains institutes its' own rules, regulations, fees, etc.

You should have been notified ahead of time that there was to be a merger.

Sub: #1 posted on Mon, 03/28/2011 - 06:31

aubrey aubrey
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yes they can do that and unfortunately it happens all the time when a bank is taken over by another bank.

Sub: #2 posted on Sun, 04/03/2011 - 18:55

Mary Adkins Matthews Mary Adkins Matthews
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