PACIFIC WESTERN BANK Bank Account Or Service Complaint

PACIFIC WESTERN BANK Bank account or service department,

Checking account Deposits and withdrawals California

Pacific Western Bank is in full breech of a Federal Law named 12 CFR 1005.6 Liability of consumer for unauthorized transfers. This is also known as Regulation E. I informed - -, manager of the bank 's - branch at - - -, 2016. 12 CFR 1005.6 : Liability of consumer for unauthorized transfers. 12 CFR 1005.6 ( B ). Limitations on amount of liability. A consumer 's liability for an unauthorized electronic fund transfer or a series of related unauthorized transfers shall be determined as follows : 12 CFR 1005.6 ( B ) ( 3 ). A consumer must report an unauthorized electronic


close of the 60 days and before notice to the institution, and that the institution establishes would not have occurred had the consumer notified the institution within the 60-day period. Official Interpretation to 6 ( b ) ( 3 ) : Transfers not involving access device. ( Actual Debt Card ) The first - tiers of liability do not apply to unauthorized transfers from a consumer 's account made without an access device. If, however, the consumer fails to report such unauthorized transfers within - calendar days of the financial institution 's transmittal of the periodic statement ( Pacific Western Bank statement mailed - -, 2016 = - -, 2016. I reported it to Pacific Western Bank on - -, 2016 ), the consumer may be liable for any transfers occurring after the close of the 60 days and before notice is given to the institution. The unauthorized transactions did not use a loss or theft of a device ( debt card ) - or a pin number assigned to the debt card number as defined in 12 CFR 1005.6. The transactions were over the internet to - and used my debt card NUMBER only. Thus after the close of 2 business days my liability will not be $500.00 as when the device ( debt card ) is lost or taken by physical theft per 12 CFR 1005.6. Pacific Western Bank by law must have provided by - -, 2016 a full provisional credit for the unauthorized charges I detailed to the bank from - -, 2016. Pacific Western Bank still refuses to do so and refuses to communicate with me. As I reported the unauthorized transfers on Thursday - -, 2016, the bank is liable for all unauthorized tranfers I reported from - -, 2016. ( 60 days ) per 12 CFR 1005.6 The bank has 10 days to provide a provisional credit for the unauthorized transactions from -/-/2016. That day was - -, 2016. I received a provisional credit for just $560.00 on -/-/16 when the amount from -/-/16 is $1700.00. Thus, since the bank owes me an additional $1200.00 since - -, 2016 to comply with Federal Law 12 CFR 1005.6 Bottom Line : Pacific Western Bank is : ( A ) Breeching Federal Law 12 CFR 1005.6 as shown above ( B ) Owes me $1200.00 ( C ) Refuses to comply with Federal Law even after I informed the bank of the exact breech and the Federal Law supporting my position