Wells Fargo Bank Account Or Service Complaint

Wells Fargo Bank account or service department,

Other bank product/service Deposits and withdrawals

In -/-/- I opened an IRA with Wells Fargo - - -. I explained at the time that I live in -, but was anticipating a pension payout from a previous employer in the -. I explained that what I wanted to do was roll the money from the employer, into an IRA, then make a drawdown on the IRA and have it electronically wired to my bank ( - 's ) in -. The rollover to the IRA happened in -/-/-, as anticipated, and a drawdown was placed into my savings. When I requested to have the funds wired through - 's - to my - 's account in -, I was told this could not happen. I was then told I needed to make daily withdrawals from an ATM to get the money. I explained there were no Wells Fargo ATMs in -. Wells Fargo reported that this was the only way I could get the money. Each time I made a withdrawal from the ATM, I was charged a $5.00 fee for using a non-Wells Fargo ATM. I was also limited as to how much I could withdraw on a daily basis, to $500.00 ( - ). After about - trips to the non-Wells Fargo ATM, the bank manager at - - increased my daily withdraw limit to $1000.00 ( - ). It took me all of -, all of - and into - to obtain the funds using the ATM, which resulted in incurring ATM charges in the hundreds, which were far in excess of what it would have costs to make a simple electronic transfer to my bank in -. I feel I was lied to from the very start! Wells Fargo should have told me from the very start that they were not able to electronically transfer the money.