Insufficient Funds??? WTH Bank Of America!!

[dmcowen674]

Originally posted by: akshatp
http://pics.bbzzdd.com/users/akshatp/bofa.JPG

These are the last four transactions from my BofA checking. I was trying to transfer some $$$ to HSBC to take advantage of the interest rate and the transfer got declined...

I just spoke to a "CSR" at BofA (after holding for 20 minutes) and they said I would have to wait until Monday to speak to their ACH department. He couldnt see why it should have been classified as NSF but they (ACH Dept) would determine if I am eligible for a refund of the NSF fee..

Eligible??? WTH.. The money was there, HSBC tried to grab it, got declined, and then I get hit with an NSF!!

You are limited to 6 transfers in a 30 day period.

Anything after that is denied and charged NSF charges.

This is part of Check 21 passed by Bush in July 2007.

 

[akshatp]

Originally posted by: dmcowen674

Originally posted by: akshatp
http://pics.bbzzdd.com/users/akshatp/bofa.JPG

These are the last four transactions from my BofA checking. I was trying to transfer some $$$ to HSBC to take advantage of the interest rate and the transfer got declined...

I just spoke to a "CSR" at BofA (after holding for 20 minutes) and they said I would have to wait until Monday to speak to their ACH department. He couldnt see why it should have been classified as NSF but they (ACH Dept) would determine if I am eligible for a refund of the NSF fee..

Eligible??? WTH.. The money was there, HSBC tried to grab it, got declined, and then I get hit with an NSF!!

You are limited to 6 transfers in a 30 day period.

Anything after that is denied and charged NSF charges.

This is part of Check 21 passed by Bush in July 2007.

First of all, how did this thread get resurrected?

Second, this wasnt the issue. It was the 2nd transfer that month. They just made a mistake. There was enough funds available in the account at the time of the debit for the transfer. They have since credited the NSF fee and apologized.

 

[JS80]

Originally posted by: dmcowen674

Originally posted by: akshatp
http://pics.bbzzdd.com/users/akshatp/bofa.JPG

These are the last four transactions from my BofA checking. I was trying to transfer some $$$ to HSBC to take advantage of the interest rate and the transfer got declined...

I just spoke to a "CSR" at BofA (after holding for 20 minutes) and they said I would have to wait until Monday to speak to their ACH department. He couldnt see why it should have been classified as NSF but they (ACH Dept) would determine if I am eligible for a refund of the NSF fee..

Eligible??? WTH.. The money was there, HSBC tried to grab it, got declined, and then I get hit with an NSF!!

You are limited to 6 transfers in a 30 day period.

Anything after that is denied and charged NSF charges.

This is part of Check 21 passed by Bush in July 2007.

:laugh: :roll:

 

[jman19]

Originally posted by: edro
I would post my balance online... but there isn't enough room on the screen to show all of it.

I'd tell you mine, but I forgot how many zeros there are in a gazillion.

 

[akshatp]

Since someone decided to resurrect the thread, I re-uploaded the original screenshot...

 

[jman19]

Originally posted by: TheoPetro

Originally posted by: QueBert

Originally posted by: TheoPetro
HAHAHA you kept 100k in CDs

HAHA

that's hilarious, I keep my 100k buried in mason jars in my backyard. The OP has no sense what so ever!

with rates like 3.5 how could you not keep them in CDs??? Even if he got them years ago they were at what, 5%? WOW! You are making a whole ~1.5% above inflation! Thats almost enough to throw a decent celebratory party.

Unless the OP is retired or SERIOUSLY risk averse (tends to follow ignorance) keeping all of it in CDs is quite strange.

If youre going to call me out for a stupid statement please at least do it for a legitimately stupid statement. Otherwise you run the risk of looking like an ignorant asshat.

Some people don't want to eat the short term volatility or interest rate risk of some other types of investment vehicles.

 

[Descartes]

Originally posted by: Azurik

Originally posted by: Special K

Originally posted by: Azurik

Originally posted by: edro

Originally posted by: Xylitol

Originally posted by: Schfifty Five

Originally posted by: CFster
Why did you post a pic?

Because he obviously wanted to show everyone he had $100,000 in his checking.

I hope you're being sarcastic cause otherwise you're being a complete bitch

Everyone else agrees with him except you.

Ok, too much hate going on. Here, hate on me instead:

Azurik's E-Penis, Feel Free to Flame

I would flame you, but then I realized that there are many people out there who would look at your bank account and laugh. To them, $800k is a drop in the bucket.

It's all relative.

It's cool. I realize one is never going to be the top dog at anything. There are a ton of people out there that won't think much of $1M in a bank account.

But hey, there's a lot of people out there on the other side of the fence too.

Am I fueling the flame yet!?! 🙂

You could at least be a little more subtle. As it is, that was pretty lame and extremely stupid at the same time, imo.

Not that that matters.

 

[scott916]

Originally posted by: Schfifty Five

Originally posted by: Xylitol

Originally posted by: Schfifty Five

Originally posted by: CFster
Why did you post a pic?

Because he obviously wanted to show everyone he had $100,000 in his checking.

I hope you're being sarcastic cause otherwise you're being a complete bitch

stfu. does it look like I'm the only one who thinks this?

I assure you, you're not.