SunTrust Bank Bank Account Or Service Complaint

Checking account Deposits and withdrawals

SunTrust Bank Bank account or service department,

Checking account Deposits and withdrawals Virginia

Attempted to search for airline tickets thru - - on - & -. Did not complete transaction as - raised prices significantly while processing. Backed out/cancelled search and - placed - separate pending '' holds for a total of $3200.00 ; $2200.00 on - and the balance on -. Called my bank Suntrust to let them know I DID NOT purchase tickets. Called - and basically got nowhere and was told - business days was typical for them to hold monies from my account. On - Suntrust did a Credit Memo for $2200.00 and indicated that once - released the hold, the credit memo would be


my account is in the negative as well as my savings account because I have overdraft protection. I called Suntrust, again, and was told that the Credit Memo was time specific and as of today, - there appears to be a - hour hold from - -. I stated that today would be day - and yet there is another - hour hold? That leads me to believe that - will not release the hold until Monday - at the earliest ... How is it that Financial Institutions can manipulate funds in this manner? If I indicate that NO PURCHASE was made and a - party vendor is simply tying up my funds - business days for their use, that my banking institution does not have the authority to release or drop a hold. How is this any different than a fraudulent transaction? Again, I DID NOT purchase tickets ; merely searching. As a side note, on Tuesday the - my First call was to - - who said I needed to call - and then my bank. I then called - and was told to call - -. Neither had any confirmation information indicating to me that there definitely was no pending transaction. I did call Suntrust and on a Conference call with - was told that a Fax would be sent ASAP from - with all pertinent information that Sunturst needed to release the monies ; that Fax never was sent. I called -, again, got a Supervisor who pretty much told me, Oh Well, - business days ''.

SunTrust Bank customer in Virginia
Jul 31, 2015

* Source: CFPB Complaint Database

SunTrust Bank response to complaint:
Closed with explanation

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