M&T Bank Bank Account Or Service Complaint

Checking account Account opening, closing, or management

M&T Bank Bank account or service department,

Checking account Account opening, closing, or management New York

I intended to sign up for a bank account with M & T Bank and all online materials indicated that all I needed to do was make a deposit from my debit card from another account. Once I did this, I was informed that they needed much more information. I asked to be refunded the money. They refused and replied that they could not release the funds without account verification. I replied that I did not want an account and they had no trouble taking my money therefore it should not be any trouble to return it to the card from which it was deposited. They will not give me my money back and are not assessing service charges monthly to systematically steal my money. My money is being held hostage by them. They took my money under false pretenses and now refuse to return it.

M&T Bank customer in New York
Apr 08, 2015

* Source: CFPB Complaint Database

M&T Bank response to complaint:
Closed with monetary relief

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