Bank of America Money Transfers Complaint

Domestic (US) money transfer Incorrect/missing disclosures or info

Bank of America Money transfers department,

Domestic (US) money transfer Incorrect/missing disclosures or info California

I transferred $5000.00 to - of which banks with - -. I was charged a $25.00 wire fee from my bank for the transfer. However, the trade station employee sent me an email stating, If the bank charges you a fee for the wire, let me know and we will credit that amount back to your account. '' This has not been done and I am now wanting to cancel my account with them after two weeks. In addition, I now come to find out they are going to minus $25.00 from my account to send me a wire back to my bank. There 's no such policy in writing stating that this is the only option to get my money back. It gives me an option on their website stating you can Wire Transfer, $25.00 '' or


Internal Policy. '' This is illegal. I spoke to - '' the supervisor and he stated, my concern is not written publicly anywhere, but that they will not give me back my money I sent them - in full. I am requesting a check which is free for them to send and they will not send me one, because of internal policy rules. '' I want my money in full, and I want it now ; so they need to figure out how that can be done. I also want the $25.00 ( of which is in writing ) credited back to my account and a check or wire for the amount of $5000.00. There 's no written public information to justify what they are saying. They are only willing to send me $4900.00 back of my $5000.00 I sent them and there 's no way around this unlawful practice. What they are stating is not in any contract I signed or a public policy. When I informed - that this is not stated anywhere he said, yes it does n't say that anywhere, but it 's in our internal policy. '' Does this mean that everyone can have some internal policy that rips off the client and that 's justifiable? My next action is to charge them interest on my money for how long it takes for them to get my money back to me, because I would be making interest on my money through my bank.

Bank of America customer in California
Aug 12, 2015

* Source: CFPB Complaint Database

Bank of America response to complaint:
Closed with monetary relief

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Contact Bank of America

https://www.bankofamerica.com/
(704) 386-5681
100 N Tryon St Ste 220
Charlotte NC 28202
Bank of America
Bank of America

Loading similar complaints

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more