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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: DMaA who wrote (305940)5/20/2009 9:35:09 AM
From: Brumar89  Respond to of 793685
 
Be a good way to lose my business.



To: DMaA who wrote (305940)5/20/2009 12:02:09 PM
From: John Carragher  Read Replies (2) | Respond to of 793685
 
my pay check is my soc sec check. 3% fee. hmmmm...

do not use their bill paying system i have every thing direct charge to credit card or draft checking.



To: DMaA who wrote (305940)5/20/2009 12:35:52 PM
From: Bald Eagle  Respond to of 793685
 
3%? that's outrageous.



To: DMaA who wrote (305940)5/20/2009 12:41:28 PM
From: Alan Smithee  Read Replies (2) | Respond to of 793685
 
The outrage of this is direct deposit is easier for the bank and cheaper than tying up a teller to take the deposit.

I hate BOA. Have a horror story from a few years back when we were probating my mother in law's estate. My wife was the PR of the Estate and made periodic preliminary distributions to her brother and sister and to herself. Some knucklehead at BOA saw checks going out of the Estate account and into my wife's account. Instead of inquiring, they froze our personal account. You'd think they'd have frozen the Estate account if they thought there was something going on, but nooooooooo. I had to take the matter all the way up to BOA legal to get it straightened out.

We thereafter immediately closed all BOA accounts and transferred our business to a local bank.



To: DMaA who wrote (305940)5/24/2009 8:49:19 PM
From: TimF  Respond to of 793685
 
Local guy on the radio claims B of A is going to start charging a 3% fee to direct deposit your pay check in a checking account there.

I think that's very unlikely. They would lose almost all of their direct deposits (which currently allow you to avoid fees on their checking accounts, if you don't direct deposit or keep a large balance they want to charge you a monthly fee), and most of their checking accounts, as well as a chunk of their other retail business.