theficus said:
Which is exactly my point. What I did wasn't that large of an amount or unusual. At worst it warranted a call from the bank or a hold on my funds, not closure of all my accounts with Bank of America.
You do have a point but whats done is done and you need to pick your battles. Why waste any more time on this? You're not going to get anything or do any damage to them so might as well just move on
scott1961 said:lray said:
Anyhow, I made a few large withdraws from BoA both on the same day. I had no problems, and no letters. Large as in $70k and $40k. I did all of this in person though, as opposed to online. It required a managerial override.
Still peanuts, In the last week I have withdrawn over $650k, All online. Oh oh they might close my accountsWhat is your point? You are obviously not a terrorist with your "Bank of America" flag waiving avatar it is fairly obvious that you are not a serious threat to this country's national security. The Patriot Act is not meant to inconvenience those such as your American Flag Waving self. God Bless you and God Bless the United States of America.
Contrast this to the The Church of The Sacred Ficus and now we're really talking. To say nothing of the ficus plant running for congress. I leave it to each of you to draw your own conclusions. I for one, know where I stand on these weighty issues.
Which organization should I contact to get my 30 minutes of time back that I spent reading this thread?
For the record though, I hope OP gets this resolved. Although next time, I would spill all the goods upfront to prevent the rampant speculation and wasted bandwidth.
scott1961 said:You do have a point but whats done is done and you need to pick your battles. Why waste any more time on this? You're not going to get anything or do any damage to them so might as well just move on
I think I should at least be able to recover all the fees I've incurred as a result of Bank of America's actions.
theficus said:....
I think I should at least be able to recover all the fees I've incurred as a result of Bank of America's actions.
I don't want to discourage you, but lately there has been a lack of justice in the legal system. The only way you can recover fees is if you can cite a specific law that BOA violated. And then, you can only collect up to the amount that law allows for.
Good Luck
I was told last night from AMEX that my area code was one in which was a high fraud risk, So they did not approve my Costco GPS purchase which they claim was out of the ordinary activity. I spent over 50K on that account over the past year.. most on on-line electronic purchases.
I guess my point is ... I am always suspicious when companies say something is “out of the ordinary”. I have never done an AOR but deposits and withdrawals of much greater amounts are common for me at BOA. I do not think I would stay with them if I was treated in such a manner.
Glad that this was posted to be aware that such things do happen. Of course it gives me pause as large funds have been wired into my account and out the next day (chasing those rates). Having had unbelieveable things happen with insurance co before I have learned that most of us do not want to believe the possibility of something similar happening to us could occur. So we look to blame the person who is going thru it, discredit them, etc. And sometimes it is true that we have not gotten the whole story. Yet sometimes it is true that we do have the whole story and we certainly hope it won't happen to us. Either way, it is always better to know than not - knowledge is power. So thanks to the op for telling us what has happened. It does make me a little more leary of doing an AOR (haven't yet). Hopefully he will get everything cleared up so he does not have any out of pocket expenses. My experience with big companies (whether banks, insurance co, or medical)- they never admit a mistake - it makes them too liable. So if the op can only move on, I hope as many people as possible learn what happen so they are aware of the possibility.
This story reminds me why I'm glad I only have one bank of america account which has no fees and costs boa money because I rarely keep over $3k inside it and absolutely NOTHING else. They almost tempted me with their cheap investment service, but now I'd never ever touch boa brokerage.
I read most of the thread and I haven't seen it mentioned yet -- I think it's a good idea to not deposit credit card convenience checks to a bank account at the same institution. Especially since one of the reasons given (even if completely bogus) to ficus was something about not liking their convenience checks deposited.
I don't know what else they did wrong then, if I can pull more than they did and you can push/pull 6x more than I did.....
Has to be more than a name.
Edit: Good luck with getting the fees back and everything. I do hope you get it all back.
scott1961 said:lray said:
Anyhow, I made a few large withdraws from BoA both on the same day. I had no problems, and no letters. Large as in $70k and $40k. I did all of this in person though, as opposed to online. It required a managerial override.
Still peanuts, In the last week I have withdrawn over $650k, All online. Oh oh they might close my accounts
scripta said:I read most of the thread and I haven't seen it mentioned yet -- I think it's a good idea to not deposit credit card convenience checks to a bank account at the same institution. Especially since one of the reasons given (even if completely bogus) to ficus was something about not liking their convenience checks deposited.
The convenience checks I deposited were from Chase and Citibank. The balance transfer from my Bank of America credit card was, at the suggestion of the CSR, deposited directly to my account! He practically begged me to take the balance transfer.
theficus said:The balance transfer from my Bank of America credit card was, at the suggestion of the CSR, deposited directly to my account! He practically begged me to take the balance transfer.
It was a sting!
theficus said:
I'm even more upset because the final lady I spoke to called me a racial slur (I won't reveal what because I don't want to reveal personal information). I have a strong feeling I'm being targeted because of my name and ethnicity. I don't think I would have had this problem if my name was "Ted Stevens" or something more vanilla sounding. What do you guys think? What is my next course of action?
EDIT: Before anyone asks, yes, I'm a US citizen (natural born) and yes, I provided Bank of America with entirely accurate personal information.
I heard a tape recorder does wonders, especially in court. Just get the rep's name, and record the time you called and hung up with them. I guess this would alos be a good time to start reading up on the latest discrimination laws in place, especially with banks that are federally insured...
telling you that they can't help you is one thing, but to include racial slurs and crap like that, that's a whole new thing...
I think you probably should post updates in this thread, and talk to an attorney ASAP.
dodgeman007 said:yup thats the problem with this country everyone wants to sue.. my coffee is cold sue, my coffee is hot sue, wait until you get the correct information so you dont look just a stupid as they do now. and yeah a law suit will be cleared up in less than a month... i guess you never have sued anyone...
it's a part of living in a country with a great deal of freedom...
I bet you would rather live in a country where they only you to have only one child? Can you sue about that? or how about a country that says you're guilty until proven innocent?
All in all, you're a person who can't appreciate the freedom you have been given that most people in this world would give years off their life just to live in.
go rot somewhere dude...
dodgeman007 said:JennaG said:Wow. Are they closing your BofA Investments account too? It's odd that a $20k move "in-house" would trigger a red flag that severe.
The fact that slurs were involved is so completely out of line. I'd sue for that, just out of spite.
everyone here just got stupid. so you got called a name are you in second grade? wow grow the F* up. you cant sue for that.
MORON now try to to sue me too.
nope, I think it would be a better investment to sue your mom for letting you come out...
theficus said:scripta said:I read most of the thread and I haven't seen it mentioned yet -- I think it's a good idea to not deposit credit card convenience checks to a bank account at the same institution. Especially since one of the reasons given (even if completely bogus) to ficus was something about not liking their convenience checks deposited.
The convenience checks I deposited were from Chase and Citibank. The balance transfer from my Bank of America credit card was, at the suggestion of the CSR, deposited directly to my account! He practically begged me to take the balance transfer.By convenience checks I also meant balance transfers (they're usually in the same category). He may have begged you to take it out, but he didn't tell you to put it in your bofa account, did he? You could have given him a different bank's account number for the deposit.
theficus said:Yes, they're closing all my accounts -- deposit, brokerage, and credit cards.
This exact scenario happened to me last month, minus the racial slurs. I have been a BofA customer for almost 4 years, with my paychecks direct deposited biweekly. I never bounce checks, but I did a huge AOR 2 months ago.
Without warning one day, all my Bank of America credit cards were declined. I was also referred to the Risk Identification department. Fine. Other than having a lower credit score, I didn't really care that much because I already had the AOR money in an interest bearing savings account.
Several days later, my BofA checking account was closed. I could not sign onto my online account. The number I was referred to was Risk Identification. The CSRs there are shorttempered, and couldn't tell me any information about when the money in my checking account would be released. I only had about $1,600 in there, but that's $1,600. A week later, I called again and was told they issued a refund check for the entire balance of the account and that I would receive it within 10 business days. That was over a month ago. I complained to the Better Business Bureau because I'm sick of calling their BS Risk department.
Yeah, let's issue credit cards to illegal aliens without social security numbers, but cancel ALL the accounts of a faithful customer of four years because he is too much of a risk. Bank of America can kiss my butt and go to hell.
glockophile said:Bank of America can toss my salad and go to hell.
It's such a classy statement that I had to preserve! =) Keep it up!
Just remember your dissatisfaction when it comes time to go to the polls.
Gotta luv the Patriot Act. Someday we'll look back and try to remember the day when NYC was the financial capital of the world.
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