UBS Bank Bank Account Or Service Complaint

Other bank product/service Account opening, closing, or management

UBS Bank Bank account or service department,

Other bank product/service Account opening, closing, or management Florida

I and my sister are beneficiaries of an IRA owned by my father who passed away. I have submitted the proper paperwork to UBS Financial and they acknowledge receipt. They are witholding the funds because they state that they will not make distribution until they have all of the paperwork from the other beneficiary. I do not believe that there is a legal basis for witholding the money due me but they have been giving me the runaround. Of course this costs me money while they hold onto it as long as they can get away with it. They are a big organization and shuffle me around to anonymous people so I hope that you can help me break through to them.

UBS Bank customer in Florida
Apr 08, 2015

* Source: CFPB Complaint Database

UBS Bank response to complaint:
Closed

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